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Don E Gilbert

With 30 years of hands-on experience in multiple facets of the property industry, the last 20 focused on retail dynamics, including retail shop leases, retail property valuation and current market rent, Don is an experienced retail leasing consultant.

  • Australian Lease & Property Consultants Pty Ltd
  • B Com/B Econ; Dip Prop Val; Cert Med & Arbit.
  • CPV; MRICS
    (RICS accredited valuer expert and arbitrator; Firm Regulated by RICS)
  • Specialist Retail Valuer & Arbitrator
  • Accredited across Australia

Get In Touch

Email: dongilbert@auslease.com.au
Phone: +61 1300 413 789
Phone: +61 (0)40963 4223
Address: Mitchelton, Brisbane, QLD 4053, Australia

Our Location

Ten Pin Bowling Arbitration Landlord

State/Jurisdiction:

Arbitration matter. Tenpin Bowling. Current market rent. Action launched in District Court.

Complexity: 8 / 10

Parties to Dispute:

Parties legally represented by established law firms.

Instruction:

Establish current market rent for highly specific use (sporting facility).

Description of Dispute:

Original rent was $215,000. On exercising option proposed rent $220,000. Location extremely poor. Possible/potential threat of new competition from better located/newer facility. Evidence sourced from market.

How Settled:

Landlord’s and Tenant’s experts agreed on current market rent without going to hearing.
New rent just over $120,000, based on evidence relative to permitted use, location of premises, etc.

Comments:

Inflated rents may significantly inflate the value of any property. Prior to acquiring an investment property, it is strongly suggested that one tests the veracity of the leases and the rent levels.

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