Recent Trends in Technical Due Diligence
Is your ‘too good to be true’ deal really sustainable ?
Lack of Capital post GFC has lead to a significant neglect of R&M and Capex spend.
Having worked on property due diligence valued over $10B since the GFC, Napier & Blakeley have seen only nominal spend on upkeep compared with previous years.
Risk of Non-Compliance (i) 
During this period the increasing trend has been a notable reduction of Repair and Maintenance (R&M) and Capital Expenditure (Capex) budgets. Whilst this strategy may have been necessary in some circumstances e.g. postponement of non-essential Capex, we have found too commonly evidence of non-compliance regarding statutory maintenance such as testing, auditing and reporting of essential safety measures and fire safety systems.
Reduced Life Expectancy and Premature Capex
Recent technical due diligence and condition assessments have also found that the lack of R&M and Capex budgets for economic life driven plant and equipment overhauls and refurbishments has resulted in increased short and medium term Capex.
The tax return deadline is fast approaching, maximize your depreciation deductions today and for the life of your investment!
It’s tax time again and so soon “it seems like only yesterday’ we can hear you all saying. 
Napier & Blakeley have prepared depreciation schedules for property investors for over 25 years and are the most knowledgeable company in Australia in this space, having introduced this service to the Australian property market and developed it into what it is today.
Our clients are many and loyal and are always impressed with our expertise and our efficiency, maximising their after tax property returns, creating more free cash flow and actually assisting them in structuring and managing the future of their asset.
Every year we are ready at this time of year to deliver your property depreciation needs efficiently, as we know it is tax time and we understand what investors need and how to assist them with their annual returns.
