Bellarine Peninsula
Bellarine Peninsula Commercial Technical Due Diligence, Pre-Purchase Building Inspections and Pre-Sale Building Inspections
LRM provides Bellarine focused investors, owner-occupiers, business owners and more with the technical advice required to invest or sell from an informed position.
With a rural , local feel, the Bellarine Peninsula offers investors the opportunity to buy a slice of paradise.
LRM has experience in all major asset classes on the Bellarine including small scale commercial units, high street premises and regional retailers.
Our familiarity with of Drysdale, Ocean Grove, Point Lonsdale, Indented Heads, Wallington, Portarlington and St Leonards to mention a few, gives you the edge you need.
The sites and building stock on the Bellarine have evolved to meet the local needs of the residents over the years. As a result they have their own heritage character and unique issues.
For example land contamination from agricultural chemicals and asbestos and hazardous materials used in aging commercial premises give rise to particular risk in the Bellarine Peninsula area.
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.
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.