Factories, warehouses, workshops and industrial units. Market value and market rent in one desktop report, $550 inc. GST, delivered within 48 hours.
An owner-operated business that buys its own factory or warehouse through the members’ SMSF is the classic business real property arrangement. The fund owns the premises, the business leases them at market rent, and the auditor checks two things every year: that the property is carried at market value, and that the rent is at arm’s length. One industrial valuation report with a rental assessment answers both.
The layout is the same as our commercial property valuation report: the figure, the date, the method and the evidence are on the first page, ready for the auditor.
Industrial values are driven by land and building area, location relative to transport routes, clearance height and loading access, site cover and hardstand, zoning and the lease (term, rent and outgoings structure) where there is one. Direct comparison on a rate per square metre of building area is the primary check for standard warehouses and factories. For a leased investment, income capitalisation converts the net rent into value at a market yield drawn from comparable investment sales.
Specialised industrial property (cold storage, heavy manufacturing with fixed plant, hazardous goods storage) can need an added value of improvements approach and sometimes a physical inspection. We tell you before you pay if a desktop report is not the right tool for the property.
Regulation 8.02B of the Superannuation Industry (Supervision) Regulations 1994 (SISR) requires fund assets to be valued at market value for the accounts. The ATO’s valuation guidelines ask for objective and supportable data. For industrial property that is comparable sales and leasing evidence, a stated method and a qualified valuer’s certification. The auditor also has to be satisfied that any lease to a related party is on market terms, which is what the rental assessment in the report is for; our guide to related party leases covers the test. See our main commercial property valuation page for the full requirements, and the GST on commercial property guide for how GST affects the figure.
$550 inc. GST for the desktop market valuation and rental assessment of any industrial property in Australia. Order online with the property address, the valuation date and a copy of the lease or the current rent and outgoings. The report arrives by email within 48 hours.
$550 inc. GST. Market value and market rent in one report, delivered within 48 hours, ready to hand to the auditor.
Order an industrial valuationFor a standard factory, warehouse or industrial unit, yes. The value is built from documented comparable sales and leases, which is the evidence the auditor needs. Specialised facilities may need more; we tell you at the outset.
Yes. Every industrial report includes a rental assessment for the same date as the valuation, so the related party lease can be tested against market.
The valuation is prepared on direct comparison with similar industrial sales, and the rental assessment gives the market rent the business should pay if a lease is put in place.
Yes. Mixed-use industrial and vacant industrial land are valued on the highest and best use with the relevant sales evidence. Tell us the configuration when you order.
$550 inc. GST. Market value and market rent in one report, delivered within 48 hours, ready to hand to the auditor.
Order an industrial valuationReports are prepared by Mike Wilczynski, Chartered Accountant and Certified Property Valuer certified by the Australian Valuers Institute, Registered Tax Agent TPB 17532009. Mike combines property valuation with hands-on SMSF accounting experience; he advises on the same compliance, tax and reporting issues that drive the need for an accurate property valuation. A regular presenter at the SMSF Association National Conference, Mike works with SMSF trustees, Chartered Accountants, auditors and financial advisers across Australia to deliver reports that meet annual reporting, audit and compliance requirements.
Background reading for trustees holding a factory or warehouse in the fund.
