Credit Points 10

Legacy Code 201017

Coordinator Mohamad Zraika Opens in new window

Description The value of special premises constitutes an important segment of valuation practice in Australia. A number of special valuation considerations arise in valuation of this class of premises. However, the most compelling reason for studying the valuation of special premises is the fact that such properties provide an ideal vehicle whereby valuation principles and methods of valuation can be practiced and critically evaluated by students.

School Business

Discipline Real Estate

Student Contribution Band HECS Band 4 10cp

Level Postgraduate Coursework Level 7 subject

Pre-requisite(s) MKTG 7028

Restrictions

Students must be enrolled in a postgraduate Business program.

Learning Outcomes

On successful completion of this subject, students should be able to:

1. Evaluate the nature of specialised property types, their characteristics and relationships to productivity, profitability and management;
2. Examine the effect of contamination and environmental issues on special premises;
3. Apply appropriate valuation techniques and data analysis to the valuation of special premises;
4. Preparation of industry standard reports.

Subject Content

- valuation of special premises and associated Issues
- special premises accounting Issues, super profit and goodwill
- Hotels and motels
- tourist accommodations
- Marinas
- child care Centres
- Nursing homes and retirement villages
- service stations
- Overview of rural valuation
- Asset valuation and business valuation
- Plant and machinery valuation
- Contamination Issues in valuation