Due Diligence Property Reports

What is a Due Diligence Report (DD Report) and why do I need it?

Understanding Due Diligence in Property Transactions
A Due Diligence (DD) Report is a comprehensive document crucial for any property transaction, be it in Sydney’s CBD, Brisbane’s Beaches, Perth’s hills, or anywhere across Australia. It serves as a detailed assessment of a property’s condition, history and compliance with relevant laws and regulations. At Site Environmental & Remediation Services (SERS), we specialize in providing these reports for both commercial and residential properties.

The Importance of Due Diligence:

Informed Decision Making: Whether you are buying your first house, or investing in commercial property, A Due Diligence Report will give you a complete overview of the property, giving you vital information for making informed decisions.
Risk Mitigation: Real estate come with inherent risks. Our assessment services target key issues often associated with commercial and residential properties to minimize additional costs after the acquisition of your property. Our reports provide a detailed assessment of any associated risks regarding the property, so you can focus on the stuff that matters.
Legal and Compliance Assurance: With adherence to all Australian guidelines, we have a focus on Compliance to empower our customers with the best knowledge of their property. Whether its for a commercial property in the serene suburbs of Perth, to the bustling streets of Sydney’s CBD, our Due Diligence process is designed to give our clients peace of mind.

Who needs a Due Diligence Report?

There are several identifying factors for those that require a Due Diligence Report, These reports are generally requested by listed companies or financiers to private purchasing entities to mitigate balance sheet exposure. Whilst some clients may request these reports as part of a greater problem such as dilapidation, contamination or exposure. Our approach includes recommending limited targeting sampling regimes, based on contamination risks, to further assess areas of environmental concern.
We provide detailed insights into potential financial environmental risks, outlining possible costly delays that could impact your site or project. These proactive measures are crucial for identifying issues that may lead to significant noncompliance.

Full Service Due Diligence with Real Market insights:

SERS offer a full front to back service in our due diligence surveys. We provide not just robust assessments, but also accurate, real-market cost estimates, complete with timelines for remediation composed by our in house experts. Our aim is to equip our clients with all the necessary information, from environmental status to remediation costs and timelines, ensuring you can make a fully informed decision.

At SERS, we specialise in thorough Asbestos Testing in a range of environments. To ensure the safety of both residential and commercial properties, our team provide comprehensive testing of soil samples to determine the presence of Asbestos, A crucial step in the safeguarding of Environmental and Public Health.

How to detect asbestos in soil?

To determine the presence of asbestos in Soil, SERS use a careful and professional approach. Asbestos, a harmful substance, once widely used in construction prior to the 1990s, can be present in soil, particularly in areas with a historic presence of construction or demolition.
The first indication of asbestos contamination is the history of the site. If the property has old structures or has undergone significant structural works in the past, it may be at risk. Visible debris in the soil, especially fragments resembling construction materials, is often a signal of possible contamination.
However, the only definitive method of detection is through professional asbestos soil testing. This involves the collection of soil samples and having them analysed by our accredited laboratory specialists.

How dangerous is asbestos?

Asbestos is a highly dangerous material, recognized for its serious health risks, particularly when its fibers become airborne and are inhaled. Prolonged exposure to the fibers produced by Asbestos can lead to a severe respiratory condition known as Asbestosis, a chronic lung disease as well as mesothelioma, a rare and aggressive form of caner primarily affecting the lining of the lungs.
Additionally, Asbestos exposure is known to cause lung cancer and other types of cancers. Its danger lies in its fibrous nature; These tiny durable fibers can be easily inhaled or ingested. Once inside the body, these microscopic shards become lodged in the body’s tissues, leading to severe long term health issues.
These risks are heightened during activities that significantly disturb asbestos containing materials, releasing their dangerous fibers into the air. This is why asbestos is heavily regulated and why its removal, handling and disposal should only be carried out by certified professionals using specialized skills and equipment.

Testing Asbestos in Australia:

SERS conduct thorough soil assessments using state of the art technology with industry leading techniques to ensure consistent and accurate results, no matter the sample. In Australia, testing for asbestos is a critical task that necessitates the expertise of trained professionals, due to the extremely hazardous nature of materials contaminated with asbestos.
Asbestos in Australia is subject to strict rules and regulations regarding its use, management and disposal, our experts ensure that your site and samples all remain within the bounds of Australia’s strict regulation without compromising the tests accuracy.
The process typically involves sealing off the area suspected of contamination, using protective gear and adhering to strict company and government guidelines, our technicians retrieve samples without disruption of further contaminants or structural damage. The analysis is then conducted by our NATA-Accredited laboratories to ensure accurate identification and quantification of asbestos.

Non-Compliance for Asbestos in Australia

Due to the dangerous and potentially lethal nature of asbestos, compliance and safety are of the upmost importance. Non-compliance with asbestos testing and management can lead to severe legal consequences, including hefty fines and potential lawsuits, particularly if the negligence led to health hazards. Therefore, its crucial for individuals and businesses to engage certified asbestos testing service to ensure safety and legal compliance.

At Site Environmental and Remediation Services (SERS), we understand the inherit complexities and environmental significance when it comes to proper waste classification. Our waste classification services are designed to provide clarity and compliance in the often intricate world of waste management, Ensuring that your waste is handled responsibly and in accordance with the most up to date rules and regulations.
Waste classification is considered a critical process in effective waste management, serving as the foundation for determining how different types of waste should be handled, treated and disposed of. With over a decade of experience, our experts will equip you with a deep understanding of the intricacies of waste classification and management.
With a decade of experience cultivating a team of industry leading professionals, our commitment to compliance and safety ensure that you and your project can anticipate and conquer any challenges along the way. In choosing SERS, you’re not just selecting a service provider; you’re partnering with a seasoned team whose experience has been honed through years of collaboration with industry leaders in every field.

What are some types of hazardous waste?

Identifying hazardous waste is crucial for ensuring safe handling and compliance with environmental regulations. Hazardous waste is typically classified by its characteristics, such as Ignitability (Flammable), corrosivity (acidic or alkaline substances that can corrode metals), reactivity (substances that can explode or release toxic gasses) and toxicity (substances harmful or fatal when ingested).
Chemical Waste: Materials such as solvents, pesticides and acids can cause soil and water contamination, posing a risk to ecosystems and human health and safety.
Medical Waste: Items such as contaminated needles, bandages and expired drugs. Improper disposal of these items can lead to the spread of infectious diseases.
Electronic Waste(E-Waste): A fairly new form of waste that often require specialist techniques to dispose of. Items such as computers, televisions or batters can often contain acids and poisonous materials like Lead and Mercury that can adversely affect both the environment and human health.
Asbestos Containing Materials: typically found in construction materials pre-dating the 1990s, this fibrous material can cause lung diseases when its fibers are inhaled.
Automotive Waste: Used motor oils, antifreeze and old batteries can contaminate water and soil, which is harmful to wildlife and human health.

What should I do with hazardous waste?

When dealing with any hazardous material or waste, it is crucial that the materials be handled and disposed of by licensed industry experts. If you believe a site or area has become contaminated with hazardous waste, immediately quarantine the area or affected items. Once quarantined, ensure the area is secure and contact a site remediation service to evaluate the extent of the contamination.
SERS specialise in the safe handling, transportation and disposal of any and all hazardous materials. Our team will work alongside you to plan and execute a comprehensive strategy for complete site remediation and overall compliance.