[BRISBANE, July 24, 2015] – McGees Property Brisbane, a respected commercial property service practice in Australia, provides valuations to help owners know the worth of any property. Clients can request valuations before deciding to sell buy or lease a property.
The company knows that a number of variables and property characteristics influence real estate values. This is why they offer valuations as an effective way to get a commercial, industrial or retail property valued. Along with this service, they also provide financial reporting, financial assessment, development feasibility, discounted cash flow analysis and others.
Property Assessment
McGees Property Brisbane uses three methods in determining the value of property. They do this by considering the most important features of the property, which include age, location and size. They use capitalisation method, which is the conversion of the property’s sustainable annual net income to lump sum.
The company also uses direct comparison or the application of an improved rate by either the property land and/or building area to the sales of something comparable. They also use discounted cash flow method, which is the present value of property cash inflows and outflows overtime to reflect its investment value.
A Team of Valuation Experts
The management firm has staff members who are aware of the real estate market and the elements governing real estate transactions. Their specialist valuers work together to create a strong team with depth of expertise and experience. They evaluate the market value of the land, improvements and other important factors.
The team also provides services to clients such as public sector, mortgage security, specialised services and rents. They will help ensure that a property is well managed and tenants will pay their rent on time.
About McGees Property Brisbane
McGees Property Brisbane is a trusted provider of a range of management, valuation and marketing services in the state of Queensland. With 125 years of experience under their belts, they have an edge over other companies in commercial property in Brisbane. Their vision is to create wealth for their clients through a range of innovative, value-adding services and providing the highest level of professional standards.
For more information about the company and its services, interested clients may visit http://www.bne.mcgees.com.au/.