Property Valuation Report: Scope, Valuation Summary, Property Details, Town Planning, Market Value, Tenancy Information, and More

PROPERTY VALUATIONS
Table of Content

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SCOPE AND PURPOSE............................................................................................................................1
1. Valuation Executive summary...........................................................................................................2
Property Address...............................................................................................................................2
Property Description..........................................................................................................................2
Registered Owner..............................................................................................................................2
Property limitations...........................................................................................................................2
Purpose of report..............................................................................................................................2
Last sale transactions.........................................................................................................................3
Town planning...................................................................................................................................3
Property importance.........................................................................................................................3
Future changes to the property.........................................................................................................3
State highest and best use of this property.......................................................................................3
Freehold subject to existing tenancies..............................................................................................3
Date of valuation...............................................................................................................................3
Financial summary.............................................................................................................................3
Valuation metrics...............................................................................................................................4
Property market value.......................................................................................................................4
Details of a valuer..............................................................................................................................4
2. Introduction.......................................................................................................................................4
Bank’s Customer................................................................................................................................4
Identify property...............................................................................................................................4
Date...................................................................................................................................................4
Name of party....................................................................................................................................4
Assumptions......................................................................................................................................4
First mortgage security and its limitations.........................................................................................4
Market value as per IVSC...................................................................................................................4
Interest value.....................................................................................................................................4
Date of inspection.............................................................................................................................4
Reliant party......................................................................................................................................4
Property Street Address....................................................................................................................4
Compliance statements.....................................................................................................................4
Mortgage information.......................................................................................................................4
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Mortgage enquiries...........................................................................................................................4
Verifiable assumptions......................................................................................................................4
Assumptions requiring further consultancy.......................................................................................4
3. Property and Locality.........................................................................................................................4
Title plan............................................................................................................................................4
Survey plan........................................................................................................................................4
Disclaimer..........................................................................................................................................4
Site dimensions.................................................................................................................................5
Positive or negative property features..............................................................................................5
Environment constraints of this property..........................................................................................5
Explain property amenities................................................................................................................5
Site access.........................................................................................................................................5
Locality..............................................................................................................................................5
Location of property..........................................................................................................................5
Surrounding landed uses...................................................................................................................5
Features.............................................................................................................................................5
4. Ownership of property......................................................................................................................6
Title of property.................................................................................................................................6
Property description..........................................................................................................................6
Title details for valuation...................................................................................................................6
Attach terms and conditions of lease................................................................................................6
Registered owner..............................................................................................................................6
Existing mortgage of this property....................................................................................................6
Easements.........................................................................................................................................6
Covenants..........................................................................................................................................6
Caveats..............................................................................................................................................6
Rights if carriageway..........................................................................................................................6
Listing on registers.............................................................................................................................6
Reconcile current lease.....................................................................................................................6
5. Statutory Assessments......................................................................................................................6
Explain statutory regulations and dates of assessments...................................................................6
6. Town Planning...................................................................................................................................6
Zone and town planning....................................................................................................................6
Identify property benefits..................................................................................................................6
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Describe conservation zones.............................................................................................................6
Development codes...........................................................................................................................6
Floor space........................................................................................................................................6
Site coverage.....................................................................................................................................6
Building height limitations and constraints.......................................................................................6
Current development of property.....................................................................................................6
Review consent of higher authority...................................................................................................6
7. Modifications.....................................................................................................................................6
Changes in the construction..............................................................................................................6
Property specifications......................................................................................................................6
Repairing of property including its costs and time require................................................................6
Stating measure method to estimate the area of a building.............................................................6
Describe economic and functional wear and tear of property..........................................................6
Explain health and safety issues with the place.................................................................................6
Reviewing the copies of approval......................................................................................................6
Estimate the life of a building............................................................................................................7
8. Environmental Issues.........................................................................................................................7
Identify environmental issues related to the property......................................................................7
Give a summary of real estate contamination...................................................................................7
Risks to landscape of property..........................................................................................................7
Comment about National Australian Built Environment System rating and Building Energy
Efficiency Certificate..........................................................................................................................7
9. Tenancy information.........................................................................................................................7
Reconciliation of leases on the basis of its title.................................................................................7
Give a detailed summary of a lease in which a tenant occupying less than or more than 20%.........7
Overview of lease..............................................................................................................................7
Vacant area of the building...............................................................................................................7
Stating all the lease assumptions.......................................................................................................7
Summary of tenant schedule.............................................................................................................7
Describe Rent contract clauses..........................................................................................................7
Provide weighted average lease expiry profile..................................................................................7
10. Income Analysis...............................................................................................................................8
Cash flow analysis..............................................................................................................................8
Attach rent calculations.....................................................................................................................8
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