The Client Scenario

A private property investment trust entered into a contract to purchase an established light-industrial complex in Slacks Creek (Logan), consisting of 14 separate tenancies constructed in 1989. The vendor's disclosure package lacked current asbestos documentation and building compliance certificates.

With only 10 business days remaining in the due diligence period, the buyer engaged Alliance Group's Compliance Shield™ service to verify statutory risks.

The Compliance Shield™ Methodology

  1. 48-Hour Document Gap Analysis: Reviewed the vendor's files against Queensland WHS and Australian Standards & NCC, identifying that the property had never had a Section 425 Asbestos Register or Section 429 Management Plan prepared.
  2. Comprehensive On-Site Physical Audit: Inspected all 14 tenancies, sampling electrical sub-boards, wet area wall linings, and eaves. Discovered unsealed friable asbestos insulation within Unit 4 and uncertified timber mezzanine structures in Units 7 & 9.
  3. Consolidated Risk & Cost Report: Delivered a quantified liability schedule showing $120,000 in immediate capital works required to achieve full statutory compliance.

Contract Settlement & Ongoing Management

Armed with Alliance Group's technical report, the buyer successfully negotiated a full $120,000 settlement reduction. Following settlement, Alliance Group conducted the necessary remediations and issued a fully compliant Asbestos Register and Management Plan for the property.