Private Jetty Rents

Sovereign Valuations is experienced in valuing private jetties as well as commercial berths. The method of valuation can vary depending upon whether the jetty or berth is for private recreation or commercial use. Many private jetties, such as those along 'Millionaire's walk' between Sorrento and Portsea are not on property title but are subject to a 'seabed' lease from the Crown. Seabed rents are reviewed regularly and one of the factors to be considered is whether the jetties are also accessible to the public as this increases insurance outgoings. Contact Sovereign Valuations to discuss your private jetty rent matter.