What is a Lease area survey?
Lease area surveys measure the area of land or space within a building. This area becomes the basis for determining the rental value of the premises or land under the terms of a lease agreement.
We deliver the three types of Lease Area Surveys:
- Net Lettable Area (NLA) is used in office buildings and office and business parks.
- Gross Lettable Area – Retail (GLAR) is used for measuring floor area of retail tenancies in shopping centres, commercial buildings and strip and free standing shops.
- Gross Lettable Area (GLA) is used for tenancy areas in warehouses, industrial buildings, free standing supermarkets and showrooms.
We comply with the requirements of the Property Council of Australia when completing Lease Area Surveys, which helps to avoid owner-tenancy disputes and provides forward thinking business planning in regards to the costs and uses of the area.
Many Leases are based solely on a per square metre value. Therefore It is important to retain a Land Surveyor, not only to gain an accurate measurement, but to comply with the Land Titles Office requirements for long term and high valued leases.
We work closely with architects, local councils, developers and builders to guarantee your project is completed to the highest standards.
For professional, accurate survey work at reasonable rates Reliable Surveys experience and hands on service is hard to beat
P.0 Box 226,
Brooklyn Park SA 5032
ABN 17 637 659 495