Geelong
Geelong Commercial Technical Due Diligence, Pre-Purchase Building Inspections and Pre-Sale Building Inspections
LRM provides Geelong’s investors, owner-occupiers, business owners and more with the technical clarity needed to negotiate with confidence and manage long-term risk.
With a dedicated team working in Geelong you’ll get the deep insight and local knowledge you need to make the most of your negotiations.
LRM has experience in all major asset classes including the main Geelong growth market segments of medical, hospitality, office and industrial.
Our detailed knowledge of Geelong CBD, Newtown, South Geelong, Belmont, Grovedale, North Geelong, Norlane and Corio to mention a few, gives you the edge you need.
The sites and building stock in Geelong have seen a lot over the years which presents unique risks and opportunities for investors and owners-occupiers alike
For example, highly corrosive marine environments coupled with manufacturing and industrial uses give Geelong some unique risks.
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. Then we shape our services to fit you. 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.