Client: Boral Property
Discipline: Market Valuation – Rent Review Purposes
Date: June 2016
Boral occupy land under a Crown Lease for quarrying, concrete batching, asphalting and resource recovery. InSitu Advisory were instructed by Boral to provide a Market Rent for review purposes and then represent the company at the ACT Civil and Administrative Tribunal to assist with the determination of the revised annual rent for the property.
InSitu Advisory completed a Market Valuation exercise for each component of the operation and the land occupied as well as assessing the market royalty rate appropriate for the hard rock quarrying activity.