Commercial Technical Due Diligence
Purchasing or selling any type of property - whether commercial office, industrial warehouse or estate, retail shop or mall, mixed-use complex or build-to-rent apartment tower - represents a significant financial commitment.
Safeguard your investment with technical due diligence: a meticulous investigation into the physical condition, compliance status, environmental risks (such as land contamination and hazardous materials) and operational aspects of a property.
LRM provides thorough and easy-to-understand:
pre-purchase building inspections and reports; and
pre-sale building inspections and reports.
Our qualified and experienced team identifies risks, quantifies your exposure, and offers viable solutions to property problems.
For purchasers, our findings help negotiate lower purchase prices, agree rectification works prior to settlement, or in extreme cases withdraw from the transaction if the risk is too high. For vendors, issues can be rectified before going to market or managed to achieve the best price for your assets.
Clear, Reliable, Professional Advice
Made to fit: no two deals are the same. We work hand-in-hand to tailor services to you and we are flexible if your needs change.
Empowering you: we identifying risks, offer solutions and forecast holding costs to support you. We make sure our advice is aligned with your investment strategy, whether you are evaluating a single asset or an entire portfolio, we empower your next move.
On-time: we know that timely advice is essential. From the outset, we confirm deadlines and map the process for you. From urgent inspections and same-day findings to solution optioneering and further investigations, we have what it takes to meet your needs.
How We Tailor Advice To You
Here every step of the way: from the first discovery meeting to confirming structural condition, building fabric and services issues, building code non-compliance, environmental risks, hazardous materials assessments and cost forecasting. Our team has years of experience with some of Australia’s biggest transactions and are Royal Institution of Chartered Surveyors qualified so you can rely on us for your next deal.
What We Do
LRM’s technical due diligence services are tailored to your needs and we have different levels of reporting to suit any budget.
A normal assessment may include:
Building Structure & Fabric: Inspection of structural elements (e.g. slabs, walls, roof structures) to identify issues like structural failure, overloading, or water ingress. We also assess external finishes, roof coverings, cladding and window systems etc.
Building Services: Evaluation of mechanical, electrical, fire, hydraulic and vertical transport systems that constitute a significant part of operational maintenance costs and capital replacement and impact usability, thermal comfort, tenant retention and financial viability.
Regulatory Compliance: Review of applicable building codes to identify non-compliances and set out the implications, including accessibility, fire safety and other key requirements.
Environmental Risks: Investigation into land contamination, hazardous materials (e.g. asbestos, toxic chemicals) and other environmental risks. Particularly relevant to industrial assets or land formerly used for heavy industry.
Expenditure Forecast: Estimation of future operational expenditure and capital costs required to maintain performance over a 10–15 year timeframe. This helps you compute your risk-adjusted rate of return and provides more certainty for long-term budgeting, cashflow management and asset planning.
Enquire now or book in a free and confidential discovery meeting today.