Surf Coast
Surf Coast Shire Commercial Technical Due Diligence, Pre-Purchase Building Inspections and Pre-Sale Building Inspections
LRM provides Surf Coast’s investors, buyers and sellers, business owners and more with the informed local advice they needed make smart decisions.
Wedged between the beautiful Surf Coast shoreline, forested hinterland and national park, Surf Coast towns offers investors the opportunity to by into a tightly held and sought-after market.
LRM has experience in all major asset classes in Surf Coast Shire including small scale, industrial units, high street shops and hospitality.
Our familiarity with Torquay, Anglesea, Aireys Inlet, Fairhaven and Winchelsea to mention a few, gives you the edge you need.
The sites and building stock on the Surf Coast are aligned with the tourism and services focused economy of the local area and have their won story to tell.
For example the steep slopes Lorne and Aireys Inlet present particular structural risks and the aggressive ocean storms corrode and batter roofs and building services giving rise to particular issues and costs in the Surf Coast 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.