Stamp Duty Increase on Foreign purchasers of property

We wish to advise that the reported 3% stamp duty surcharge on foreign purchasers has been increased as per recent updates by the State Revenue Office for the state of Victoria only.

Please refer to the following for additional duty rates:

  • For contracts, transactions, agreements and arrangements entered into on or after 1 July 2015 but before 1 July 2016:

- the additional duty rate is 3% (even if the settlement date is on or after 1 July 2016).

  • For contracts, transactions, agreements and arrangements entered into on or after 1 July 2016:

-  the additional duty rate is 7%

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Project Advisory

We provide project advisory services to institutional and non-institutional owners, corporate occupiers and financiers, of all investment property types, as well as healthcare, aged care and residential.

With a market leading brand, now in our 31st year of business, we have a unique reputation of gaining a deep understanding of our client’s business and industry so that project needs and outcomes can be strategically aligned to business plan objectives and to demonstrate return on investment.

Our project advisory services are provided by industry leading experts and from a multidisciplinary perspective extending beyond project advisors, development managers, building consultants, services engineers and energy efficiency specialists through to quantity surveyors who provide cost certainty and tax depreciation specialists who ensure projects benefit from a cash flow perspective. Continue reading

Senior Project Advisor – Melbourne

Want to join our teamNapier & Blakeley are independent, trusted and knowledgeable advisors to the property and development industries. It is our willingness to provide our clients with what they need rather than what some consultants may want to tell them, that has set us apart over the years.

With 31 years in business, we specialise in project advisory, building consulting, quantity surveying, property tax deductions, energy efficiency and property sustainability.

Reporting to the local Manager, this is a unique opportunity to develop a professional and challenging career as a Senior Project Advisor, working with healthcare, residential and commercial property portfolios and clients nationally.

Our Project Advisory services include:

  • Project Due Diligence
  • Project Monitoring
  • Project Management
  • Programme Management
  • Superintendency
  • Strategic Planning & Procurement
  • Property Re-Positioning and Change of Use Continue reading

2016 / 2017 Napier & Blakeley Construction Cost Datacards

Napier & Blakeley have provided cost advice to all sectors of the construction and development industries for over 30 years and are pleased to provide our updated Construction Costs Datacards:

Sydney

Melbourne

South East Queensland

Adelaide

Perth

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Property Data Processor – Brisbane

we're hiringNapier & Blakeley are internationally recognised as a leader in Property Life Cycle Advisory.  We were the first provider of property tax depreciation advice in the Australian property market in 1985 and remain the leader in this field today.

www.napierblakeley.com

We are looking for a Data Processor in our Property Tax Team based in our Brisbane office.

  • Property inspections
  • Processing of residential property tax schedules
  • Preparing and processing of documentation related to property tax depreciation
  • Inputting of accurate data into Napier & Blakeley’s management system
  • Perform necessary calculations and or valuations to obtain all required data points
  • Liaising with clients Continue reading

Technical Due Diligence

Consistency, Clarity and Efficiency

Napier & Blakeley Due Diligence Reports are accepted by institutional grade investors – including REITS, super funds, sovereign funds, family offices, financiers and private equity globally.

We’re the market leader in the provision of Technical Due Diligence, demonstrated by the fact we’re involved in about 75% of all significant commercial property transactions to occur in Australia.

The key here is that a Napier & Blakeley Report is acceptable to all parties to a transaction.

Independence, Value, Risk Management and Upside

A Napier & Blakeley Due Diligence Report provides value to investors and their financiers as we are truly independent from the transaction, management or valuation of an asset.

We focus only on those financial matters, short to long term, material to the investment decision. Risk Management is facilitated by the allocation of probability of events occurring against their possible cost implications. This provides for a risk weighted expenditure forecast. Continue reading

Senior Quantity Surveyor – Brisbane

join our team resized smallerNapier & Blakeley have been established trusted advisors in the development and property industries for over 30 years nationally and internationally, specialising in quantity surveying, building consultancy, property sustainability and property tax.

Our Brisbane office is currently seeking a senior quantity surveyor to join the team.

We offer a range of work from new start projects to retrofitting of existing assets, across wide and varied projects. Continue reading

Intermediate Quantity Surveyor – Melbourne

Find jobs here resized smallerNapier & Blakeley are experts in the industry, with over 30 years experience nationally and internationally, specialising in quantity surveying, property tax, building consulting and property sustainability. Our Melbourne CBD office is currently seeking an intermediate quantity surveyor with 2-5 year’s experience to join the team.

Key Duties:

Reporting to the QS Director, this is a unique opportunity to develop a professional and challenging career as a quantity surveyor, working with commercial, industrial and residential clients and working on property development projects within Victoria. Continue reading

Senior Building Consultant, Sydney

we need youNapier & Blakeley are independent, trusted and knowledgeable advisors to the property and development industries. It is our willingness to provide our clients with what they need rather than what some consultants may want to tell them, that has set us apart over the years.

With over 30 years in business, we specialise in building consulting, quantity surveying, property tax deductions, energy efficiency and property sustainability.

Reporting to the local Building Consulting Manager, this is a unique opportunity to develop a professional and challenging career as a Senior Building Consultant, working with commercial, industrial and retail clients nationally. Continue reading

Are Triple Net Lease Property Investments Risk Free?

Many property investors believe that triple net leased property investments make for good, safe, passive investments.

This can be the case, but there can also be serious financial consequences should they not be managed properly.

Triple net leases differ from traditional leases in that the tenant is generally responsible for all of the operating expenses including repairs, maintenance and life cycle capital expenditure – a new roof, air conditioning system, lifts, and the like.

However, there are risks to be aware of with such property. Triple net lease investments are often single tenanted properties, perhaps with a special purpose or use.

The commercial stability of the tenant is of course fundamental in any investment, but in a triple net lease are they also going to:

  • Take a proactive and planned approach to managing the asset?
  • Keep on top of property maintenance and life cycle repairs and replacements?
  • Fully understand what their obligations are?
  • Know how to live up to and manage their end of the bargain? Continue reading