Tenants

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For commercial and industrial tenants, signing a lease is a major operational and financial commitment. Unexpected building repairs, unfair make-good claims, or non-compliant premises can disrupt business operations and burn capital.

LRM Property Advisory provides technical due diligence and property advisory to protect tenants before entering a lease, during occupation, and when exiting a building.

Key Services for Commercial & Industrial Tenants

1. Pre-Lease Technical Due Diligence (TDD) Before signing an agreement to lease, tenants need to know if the physical asset can support their operational needs without unexpected costs:

  • Infrastructure Capacity: Assesses whether the building’s power, floor load limits, ceiling height, and mechanical ventilation meet operational or machinery requirements.

  • Hidden Defects: Identifies pre-existing building defects (e.g., roof leaks, failing HVAC units, structural cracks) so tenants aren't left paying for the landlord's deferred maintenance under outgoings clauses.

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2. Baseline Schedules of Condition Most leases require the tenant to return the property in the same condition as when they took occupancy.

  • LRM conducts a detailed, photographic Schedule of Condition prior to lease commencement.

  • Establishes undisputed evidence of existing wear and tear, protecting tenants from inflated make-good demands when the lease ends.

3. End-of-Lease Make-Good & Dilapidation Defense When exiting a commercial or industrial space, landlords often issue costly dilapidation schedules for repairs and fit-out removals.

  • LRM audits landlord make-good claims to strip out unfair, inflated, or pre-existing defect repair demands.

  • Negotiates fair cash settlements or scopes of work to protect bank guarantees and limit out-of-pocket exit expenses.

4. Statutory Compliance & Safety Audits Operating in a non-compliant building exposes business operations to disruption, council fines, or occupational health and safety (OH&S) issues.

  • Audits premises for Building Code compliance, disability access, and Essential Safety Measures (ESM).

  • Confirms that fire protection systems and building services meet legal requirements for the tenant's specific commercial use.

The LRM way

We tailor the process to you. Starting with a discovery meeting to understand your needs, we shape our services to fit.

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