We are one of the few valuation companies throughout Australia with a good working knowledge and actual experience within the service station industry. Martin Hurry has undertaken valuations of service stations for the past 10 years as well as working for an Industry leader within Australia.
We travel all over Australia to service our service station clients.
Service Stations are now a popular asset class with smaller to medium sized investors acquiring these assets due to a lack of alternative investments and why not:
Most retail operators are National or International Blue chip companies…..so what are the issues:
Rental levels too high
The longer term effect is that rental levels may well reduce at market reviews due to poor fuel sales and diminishing margins. This will result in a reduction in value.
We understand the trends and rent affordability and provide good technical advice so there will be no “nasty” surprises at the time of review and therefore protect the Capital Value.
We also carry out independent valuations for a number of reasons including:
- Purchase/Sales (Including Goodwill)
- Lease Renewals/Rental Valuations and Determinations
- Internal Financial Reporting Including Trusts and Superannuation
This is one asset class you need an experienced Specialist