Independent Property Valuation Practice
Overview & Profile
UNIQUECO Properties (Pty) Ltd (UNIQUECO Property Valuers) was established in 2008, featuring a company fundamentally based on unique valuation and administrational strategies.
Our consultancies are compliant with the principals set by the South African Council for the Property Valuation Profession (SACPVP) in terms of Section 22 of the Property Valuers Profession Act 2000 (No 47 of 2000). The company support fundamental valuation standards prescribed by the South African Institute of Valuers (SAIV) and International Valuation Standards Committee (IVSC).
The company managed by Mr Lourens Nel (Managing Director) and Mrs Ruth Mokonyane (Financial Director) features shareholding equity of forty percent owned by black female economical empowered.
Our Vision & Development Philosophy
UNIQUECO Property Valuers focus on improving the underestimated importance of property valuation services in the South African property industry. Our experiences within this vast field have gained the company the respect of our clients, enabling us performing a unique service as professional experts. UNIQUECO ensure a service of exceptional quality and supporting internal leadership confidence in order meeting our clients’ high expectations.
The UNIQUECO team identified the opportunity for growing our business through property valuation and strives to incorporate international recognized best practice, environmental principles and standards as a core value in our services.
Our studies aimed at the most suitable valuation methodologies suitable by incorporating general and unique benefits derived from occupying or owning property within the related category and environment. Our proposal indicates suggestions, suitable, viable and logical; in order to determine a basic structure for managing the unique benefits of fixed property, additional improvements related to long-lived high cost infrastructure and additional income arrived at, etc.
The results of our investigation are applied in order to determine the highest and best potential use, the highest and best value, and management assistant strategies to property income, additional income and general expenses.
UNIQUECO Properties Pty Ltd has started a campaign addressing important issues which the property industry needs to be aware of. The valuation profession is an Act gazetted by the government in order to maintain professionalism and legal implementation. Some organisations have identified this important tool enabling subtle manipulation of property markets for opportunity in property investment returns. For financial gain this is a valuable tool, but for the consumer and economy it can have disastrous results if not understanding and utilising the same tool. The probability of all property market trends can be scientifically and mathematically motivated.
Why do we need valuations?
In general South African property market features various property types characterised with an architecture historically originated from a European background with an adopted African culture and environment. Our markets are buoyant and somewhat different from other international markets, although similar valuation approaches applies.
“Part of our investigations is to inform relevant stakeholders about the common understanding of the value contributing attributes of real estate”.
The most commonly identified PURPOSES FOR VALUATIONS are as follows:
• Buying & Selling
• Investment
• Auditing & Asset Registration
• Income Taxes
• Rates & Taxes
• Legal Assistance
• Expropriations
• Estates
• Equity & Shareholding Value
The following immovable PROPERTY TYPES are commonly known to the investment markets of the South African property industry:
• Residential (Housing division)
• Commercial (Office division)
• Industrial (Light & Heavy industrial related to warehouse, workshop and factories)
• Agricultural (Commercial, domestic and general farmland)
• Leisure (Hotel, resort, game farm & lodge, golf estate, etc)
• Specialised (Petrol Filling Station, servitudes, expropriations, progress reports)
• Equity & Commodities (Mining, plant & machinery, portfolios and asset registers
• Municipalities (Mass property compilation for rates & taxes)
