Ballarat
Ballarat Commercial Technical Due Diligence, Pre-Purchase Building Inspections and Pre-Sale Building Inspections
LRM provides Ballarat investors, buyers and sellers, business owners and more with the informed local advice they needed make smart decisions.
Ballarat offers investors the opportunity to by into a tightly held and sought-after market.
LRM has experience in all major asset classes in Ballarat including industrial, retail, office and hospitality.
Why LRM?
We are qualified, local and experienced professionals dedicated to technical due diligence.
We uncover issues that affect your investment's operation, safety and financial performance.
This process reveals:
Structural and building services defects
Environmental hazards
Building code non-compliance
Forecast of capital expenditure for repairs or upgrades
Giving you the ability to negotiate with confidence, request rectification works prior to settlement, or in some cases, withdraw from the transaction altogether if the risk not manageable.
Our familiarity with the local area gives you the edge you need.
The sites and building stock are aligned with the areas rich history and tourism focused economy.
For example the local geology presents particular structural risks and the cold winder storms giving rise to particular issues and costs in the Ballarat area.
The LRM way
We tailor the process to you. Starting with a discovery meeting to understand your needs, we shape our services to fit. We can include:
Building Structure & Fabric: Inspection of structural elements to check for structural failure, overloading, water ingress etc. plus assessment of external finishes, roof coverings, cladding and window systems.
Building Services: Evaluation of mechanical, electrical, fire, hydraulic and vertical transport systems. These represent a large portion of maintenance and capital replacement budgets and impact usability, compliance and financial viability.
Regulatory Compliance: Review against applicable building codes to identify non-compliances including accessibility audits if needed.
Environmental Risk: Potential contamination, hazardous materials (e.g. asbestos etc.) and other environmental concerns. Particularly relevant to industrial assets or land formerly used for heavy industry.
Expenditure Forecasting: Estimate of future operational and capital replacement costs required to maintain the property and its performance over a 10–15 year horizon.