Commercial Property Valuation Report: 181 Enmore Road, Enmore NSW

This report provides a comprehensive valuation of the commercial property located at 181 Enmore Road, Enmore NSW 2042, employing three primary valuation methods: Direct Comparison, Capitalization, and Summation. The analysis includes a detailed examination of the Enmore Road retail strip, incorporating data from RP Data, the Local Council website, and local real estate agents. The introduction establishes the context of the Enmore Road retail strip, highlighting its characteristics and recent trends in sales and leases over the past five years, supported by economic data from Savills. The report then delves into the methodology of each valuation method, discussing their strengths and weaknesses. The Direct Comparison method involves comparing the subject property with similar properties, considering inherent and external features. The Capitalization method focuses on income-based valuation, assessing the property's value based on its net income and yield. The Summation method involves adding the land value to the cost of improvements. The report concludes with a comparative analysis of the three methods and their applicability to the subject property, offering insights into the valuation process within the context of the NSW retail market.