Buyers of whole blocks of units are more sophisticated and do deeper due diligence. Simon Abbott, Victoria’s block deal expert, walks owners through exactly what to expect — and how to get prepared for a deal that actually completes.
What Due Diligence Investors/Developers Expect
- Current leases and rent schedules (and arrears)
- Disclosure of capital works, defects, and maintenance history
- Planning/zoning status (development upside, overlays, heritage)
- Evidence of all compliance certificates (smoke alarms, pools, gas, electrical)
- Strata/Owners corporation records if already titled
What Happens If Documents Are Missing?
Simon has seen deals fall over when the owner can’t supply evidence of recent compliance certificates, lease details, asbestos checks or major works. Time kills deals — preparation always pays, even if it means a 2–3 week prep phase before launching the campaign.
Simon’s Steps for a Frictionless Block Sale in 2026
- Collate all lease/tenancy info with your PM or agent.
- Get a solicitor to pre-prepare contract, vendor statement and compliance docs.
- Pre-emptively review any past/planned building works with an independent advisor.
The fastest buyer is ready—but so must the seller be. Simon’s best results come from owners who treat documentation prep as seriously as marketing.
Ready to sell with confidence? Speak with Simon Abbott and Collings for your block sale prep checklist.
Find your next property with Collings
Track suburbs, get matched to on-market and off-market listings, and manage your whole property search in one place. Access the Collings property portal.
