Capex Planning Makes Property More Valuable
If you’re an Owner or Manager of commercial property, you may well now be planning budgets and setting targets for the year ahead and beyond.
There are a number of questions to be answered:
- Are there any priority issues that need to be managed?
- What needs to be repaired, replaced or improved?
- When do these need to be done?
- What could safely be deferred?
- How much will it cost?
- What will be the return?
Napier & Blakeley have developed software which enables the allocation of budget forecasts as well as the associated tax depreciation benefits that may follow. These forecasts can be viewed by individual asset, by level, or tenancy, by whole building and by whole portfolio, providing an holistic insight to manage expenditure and priorities.
The initial assessment process is made possible by our Services Engineers, Building Consultants and Quantity Surveyors who have current cost information to produce cost estimates and property tax depreciation reporting aligned to the commercial goals of your business and intentions for the property. Continue reading
TrustCapital Australia put their trust in Napier & Blakeley
In June 2017, TrustCapital Australia (TCA) engaged Napier & Blakeley to undertake Vendor’s Technical and Environmental Due Diligence relating to their commercial office portfolio.
Within two weeks of instruction we had reviewed all the available documentation, inspected all the properties and provided written feedback on our findings.
We were able to achieve this using our national team of building consultants, services engineers and cost consultants, in conjunction with external environmental consultants from our approved consultants panel.
This early stage reporting provided TCA, and their Facilities Managers, the opportunity to act upon minor items of deferred maintenance and short term future repairs and maintenance needs, to help prepare the properties for sale.
While the repairs were underway Napier & Blakeley completed the final written reports.
Our reports covered the technical and environmental aspects of the property and risk assessment was facilitated by capital and maintenance forecasts over a ten year period.
Items in our forecasts are categorised by the detailed scope of the instruction along with a probability rating of the likelihood of such events occurring. Continue reading
