Environmental Due Diligence

Loading

Be it a domestic, commercial or industrial property, once you buy it, you own the environmental liabilities associated with the property. We can give you peace of mind by taking away the worry of any environmental risks relevant to the property so you can confidently go ahead with the purchase with out any doubts.

We undertake the following during due diligence:

Case Study 1

Bob buys a 10,000 m2 of land in the western suburbs of Sydney with an intention to sub divide and sell the individual lots. Upon completion of the deal and Bob went to the local council for approval to subdivide. Council asked Bob to undertake soils assessment as per the regular procedure. The assessment identified that soils contained elevated levels of pesticides (above the residential criteria), as this land was used for agricultural purposes in the past. In addition, an old shed was demolished with asbestos fragments buried under the topsoil, which wasn’t identified during the pre-sale walk over.

It is now Bob’s responsibility to clean up the contamination prior to sub-dividing. If Bob had known this contamination issue earlier, he would have negotiated with the seller or might not have bought the property.

Case Study 2

A reputed developer bought four parcels of land measuring 7000 m2 total, with an intention to build 200 apartment units and a playground with a childcare centre within the complex. Historical uses of the parcels included a service station, mechanical workshop, car showroom and some residential buildings. Due diligence was undertaken by a reputed Consultancy which identified some contamination issues relevant to asbestos, hydrocarbons and heavy metals. The builder perceived that all environmental risks were identified and negotiated the deal before buying the land.

Upon the commencement of excavation works, the bulk earth works contractors struck an underground storage tank and more asbestos fill, up to a depth of 6 metres. Now, that is a surprise. It costs additional resources to clean up the soil before any further construction works can proceed and it takes time for remediation and rectification of contamination.

If the preliminary assessment had been thorough and detailed, then the developer might have negotiated with the seller or might not have bought this property at all.

Consultants at K2 Consulting Group are well versed with due diligence assessments and understand Client’s requirements. Our assessments are thorough and quick, to assist you in the process of making an informed decision to buy a property.

Our Services

Environmental Due Diligence

Be it a domestic, commercial or industrial property, once you buy it, you own the environmental liabilities associated with the property. We can give you peace of mind by taking away the worry of any environmental risks relevant to the property so you can confidently go ahead with the purchase with out any doubts.

Asbestos Registers

It is a document that lists all identified asbestos in a workplace. SafeWork States that the “Person Conducting a Business or Undertaking (PCBU) must ensure, an asbestos register is prepared and kept at the workplace. It must be readily available to workers, their health and safety representatives and other persons.

Pre-demolition surveys

Our experienced environmental consultants can assist you in identifying asbestos-containing materials, so you can organize the removal of asbestos by a licensed removalist before the commencement of demolition works.

Call Us Today - 1800 523 000

To Discuss Your Site Specific Environmental and Occupational Hygiene Issues.
Our Consultants are qualified Scientists and Engineers with over 10 years of experience in specialized fields and understand the relevant regulations and provide practical solutions.