When you are planning on renovating, extending or rebuilding an investment property, the goal is to get the best possible return on every cent spent. But this doesn’t mean cutting corners. Many investors can be left out of pocket if they don’t have written and photographic evidence of the condition of the adjoining neighbours properties prior to the commencement of construction.
A dilapidation report or dilapidation survey is an inexpensive report which provides an item-by-item account of a building and its condition and usually includes surrounding buildings, roads and fences. Many councils are now beginning to stipulate the requirement for an independent dilapidation report as part of the DA approval process to
protect adjoining neighbors.
Getting a dilapidation report on your property prior to building, demolition or excavation works is all about minimizing your risk “If a property owner/Developer