The process for purchasing a site can be made a lot smoother for everyone if a number of actions or requests are completed earlier rather than later. As we want to give you the very best chance of acquiring the property you desire as soon and as painlessly as possible, it will be of huge assistance to have some of the following information understood or to have a decision ready when the questions arise. Here are some of them in no particular order: 1. What is the earthquake rating and has a Detailed Seismic Assesment been prepared? 2. How can we maximise the property to get the best end result? Is there the possibility to subdivide or further develop the site? 3. Is the maintenance schedule up to date and does the property present itself well? 4. Are the facilities clean and do they all work? 5. What is the exact size of the site? 6. What are the outgoings for the property? Including rates, insurance, body corp fees if applicable, water rates, management fees and so on. 7. What is the return on investment now and what are the lease situations going forward. 8. Are there any road upgrades or changes on the council plans that may affect this property? 9. When was the last review or valuation done on the property with regards any leases? A market appraisal will assist in understanding the site in the current market. 10. Will you require an engineers or builders report? Is there anything to suggest that the site will have any issues. Financiers may require these reports. 11. If this is an industrial site, are all lifts, hoists, gantry cranes in working order? B U Y E R C H E C K L I S T
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