MGMT 2001 Commercial Valuation

This is an archived copy of the 2021-2022 catalog. To access the most recent version of the catalog, please visit https://hbook.westernsydney.edu.au.

Credit Points 10

Legacy Code 200603

Coordinator Mohamad Zraika Opens in new window

Description This unit provides students with a comprehensive understanding of theory and practice of commercial valuation. All aspects of commercial valuation are covered, including commercial valuation reporting standard of the Australian Property Institute. Knowledge of land use planning, property economics and property investment are applied to commercial valuation in this unit.

School Business

Discipline Valuation

Student Contribution Band HECS Band 4 10cp

Check your HECS Band contribution amount via the Fees page.

Level Undergraduate Level 2 subject

Equivalent Subjects LGYC 1565 - Commercial Valuation

Restrictions External offerings for this subject are only available to students who are enrolled in a Property program or field of study.

Assumed Knowledge

Good conceptual knowledge of property valuation methodology and valuation mathematics.

Learning Outcomes

On successful completion of this subject, students should be able to:
  1. Collect, analyse and apply data to the valuation of commercial land and buildings;
  2. Identify and assess the risk factors in retail and commercial property investments;
  3. Apply the requirements of the Australian Property Institute commercial valuation practice standards and guideline notes in commercial valuation;
  4. Apply the due diligence process in relation to commercial property valuation;
  5. Apply the principles and practice of commercial property valuation.

Subject Content

- commercial property market analysis
- commercial property as An investment Asset
- commercial valuation methodology, including capitalisation and DCF in detail
- Rent reviews and premium valuation
- Insurance valuation concepts
- retail valuations
- Due diligence and valuation Reporting Standards

Assessment

The following table summarises the standard assessment tasks for this subject. Please note this is a guide only. Assessment tasks are regularly updated, where there is a difference your Learning Guide takes precedence.

Item Length Percent Threshold Individual/Group Task
Report 2,500 words excluding appendices, tables, photos and graphs. 40 N Individual
Final Exam 2 hours 60 N Individual

Prescribed Texts

  • Australian Property Institute 2007, Valuation principles and practice, 2nd edn, Deakin, ACT. Australian Property Institute, 6 Campion Street, Deakin ACT 2600.

Teaching Periods

Autumn

Parramatta City - Macquarie St

Day

Subject Contact Mohamad Zraika Opens in new window

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Parramatta External

External

Subject Contact Mohamad Zraika Opens in new window

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