Real Estate Valuers and Property Dispute Specialists

We are a Brisbane based property valuation and real estate advisory service that networks with other property disciplines to provide personalised property assistance and specialised valuation services throughout Queensland , Australia.
We offer independence second to none. We have no allegiances with nor contractual obligations to resuming authorities, government agencies, banks or financial institutions and we do not engage in agency sales, leasing, or management = no conflict of interest.                                                                                                                                                                                                          Specialist Services
    property disputes, litigation & expert evidence                             lease negotiations, rent reviews & determinations
    property resumption & compensation                                            statutory land valuations, council rates & land tax audits
                                                                      Market Valuations                                             
                           family law asset settlement            trust compliance & restructuring
                           stamp duty & capital gains tax       purchase due diligence

NEW “SITE” VALUE FOR RATES & LAND TAX

The new Land Valuation Act (LVA) 2010 is a momentous departure from the previous system. The 66 year old dogma of unimproved land value is now replaced by site value as a basis of calculating Council General Rates and State land Tax for “non-rural” lands in... read more

LEASE BREACHED WHEN MAIL NOT POST

The Qld Supreme Court of Appeal unanimously overturned a lower decision, ruling a Lessee (Aust Post) was in breach of lease conditions concerning sub-letting and works without approval. The matter covers a range of connecting issues including permitted use, related... read more

GOVT OVERRIDES COURTS, CHANGES RULES

Our warning last year about rising property taxes grossly underestimated the now apparent Stalinist determination of the current state government to ride rough shod over 70yrs of established case law and valuation principles. Just before midnight 11 February 2010,... read more

OPTION DEAL DONE DIRT CHEAP

The painful consequences of getting an option renewal procedure wrong have again been highlighted recently where a tenant secured a 10 year option at around 50% the claimed market rental. The case also highlights the potential benefits of regular market rent review... read more

RESUMPTION BY STEALTH & DECEPTION

There seems a growing ‘new breed’ within in some Govt circles that callously disregard the trauma and loss caused by compulsory acquisition, particularly the threat of it. Two major issues are (1) the stand-over tactics used to force owners to settle compensation... read more

ROCKETING RATES & LAND TAX

A toxic mix of black-hole State and Council budgets, new legislation, aggressive valuation policy, & Land Tax ‘sleeper’ provisions, is producing a property tax explosion … and it’s only the tip of the iceberg. Both State and Local governments have business and... read more

RATCHET RENT RULING BLOW FOR TENANTS

In a split 2-1 decision, a Court of Appeal has ruled that rent “ratchet” clauses are valid in leases falling under the Retail Shop Leases Act. Such clauses artificially prevent rental from falling even though this may be indicated by a market review or CPI index.... read more

NEW RESUMPTION COMPENSATION LAWS

The 23 February 2009 amendments to the Acquisition of Land Act 1967 are the most significant overhaul of resumption and compensation law in Queensland since the Act commenced in 1967. Major changes include: • clarification of who can claim for compensation • new... read more

TENANTS TO PAY LAND TAX IN QLD

From 01 July 2009, landlords of non residential and non Retail Act properties (about 95% of all commercial and industrial property) will be able to recover land tax from tenants. The Qld Government has released for consultation the draft Land Tax and Taxation... read more

LEASE MISUNDERSTANDING NO LET OFF

Ensuring that both parties are fully aware of Lease conditions is essential to good relations; otherwise there can be some unwelcome surprises. This matter concerned a 2 level commercial business premises at Newmarket leased for 8 years from Sept2007, for a gross... read more

Frankenstein Rating & Land Tax Valuation Laws

In March 2008 the Queensland Government rammed through amendments to the Valuation of Land Act via a “guillotine” debate. This was supposedly in response to a Land Court ruling involving the Chermside shopping centre. DERM had been adopting an aggressive... read more