Crew Property Management Case Study - Archerfield, Brisbane

Crew Management was appointed by a first-time commercial property investor looking for assistance to manage their property. During the original inspection of the asset, Crew noted there were several compliance and liability issues that needed addressing to ensure protection for the Landlord.

High priority items raised with our new client included:

• no insurances on the property
• non compliance with Asbestos regulations
• insufficient fire safety plans

Crew Management were prompt to organise insurance  for the Lessor on the day of transfer of management to ensure the Lessor was protected from public liability / building insurance purposes. We then ensured asbestos testing and reporting was performed to make the site compliant. Upon results of the test, asbestos was found in the property and all remediation and safety certificates have now been undertaken to ensure the property is compliant. Fire plans have now been produced and installed on the site.

ISSUES

Non-compliance for building safety
Building not compliant for fire safety
No Asbestos Register in place (building was built prior 1989)
Asbestos detected in Asbestos testing
Lessor had no insurance cover on purchase/settlement
New commercial owner
2022 Floods impacted access to site

SOLUTIONS

Asbestos testing organised and performed
Asbestos remediation works now complete to make the site compliant
Asbestos Register now in place
Insurances organised and quoted on behalf of owner to ensure priority cover the day of transfer to property management
Property Inspection Report performed to notify tenant of some safety issues to rectify
A3 Diagrams installed for fire compliance
Billings all updated and tenant paying ahead of due date

Crew Commercial and their property management team ("Crew Management") are ready to assist landlords with their commercial property management needs and investment requirements. Whether a first time investor or an existing portfolio owner, we ensure our clients are well informed with regulations and compliance on their commercial assets.