Business Details
49 Years
experience
Trusted Quantity Surveyors in Toowong
Established in 1977, Leary & Partners has built a reputation as a leader in quantity surveying and asset management services. Our team of certified professionals brings over four decades of experience in property economics, tax depreciation, and strata management solutions. We pioneered sinking fund forecasting in Australia and continue to set industry standards through innovative methodologies and technology-driven approaches. Our expertise spans residential, commercial, and retirement village sectors, serving clients from individual investors to major corporate entities.With offices in Toowong, Melbourne, Sydney, and Perth, we combine national reach with localized market knowledge. Our commitment to quality is demonstrated through professional accreditations and ongoing contributions to legislative development in strata and retirement village management. We maintain rigorous compliance with tax regulations while delivering cost-effective solutions that protect property investments and enhance asset value. Our client-centric approach ensures transparent communication and tailored services that address specific project requirements.
Services
Sinking Fund Forecasts
Tax Depreciation Schedules
Building Insurance Valuations
Retirement Village Reports
Operational Cost Assessments
Asset Registers
Workplace Health Audits
Caretaker Duty Schedules
Details
- Year established: 1977
Highlights and features
- We pioneered sinking fund forecasting services in Australia
- Our team includes Certified Quantity Surveyors with 40+ years' experience
- We've prepared reports for over 17,000 strata titled buildings nationwide
- Our tax depreciation division is led by a Master of Applied Law (Taxation) specialist
- We maintain active roles in strata and retirement village legislative development
Associations and certifications
- Australian Institute of Quantity Surveyors
- Tax Practitioners Board
Services
Sinking Fund Forecasts
Professional budget reports identifying cyclical maintenance costs for strata properties. Our 10-20 year forecasts calculate annual contributions needed to cover future repairs and replacements. We use proprietary software to optimize levy contributions while maintaining building standards.
Tax Depreciation Schedules
Detailed reports quantifying building allowance and plant equipment depreciation for tax deductions. Our ATO-compliant schedules maximize returns through accurate asset identification and valuation. Prepared by qualified quantity surveyors with tax law expertise.
Building Insurance Valuations
Comprehensive replacement value reports covering structural components, external works, and compliance upgrades. Our valuations include professional fees, demolition costs, and regulatory requirements to ensure adequate coverage for strata properties.
Retirement Village Reports
Specialist maintenance reserve and capital replacement forecasts for retirement communities. Our reports comply with state legislation while providing practical funding strategies. We contributed to Queensland's Retirement Villages Act development and classification guidelines.
Operational Cost Assessments
Detailed evaluations of ongoing operational expenses for residential developments. Our reports analyze caretaking requirements, utility costs, and maintenance schedules to support feasibility studies. We incorporate 40+ years' experience with strata and retirement facility management.
People
David Leary
Managing Director
Fellow of the Australian Institute of Quantity Surveyors with 40+ years' experience. Established Leary & Partners in 1990 after working with construction contractors. Specializes in strata-related expert evidence and report preparation.
Kaylene Arkcoll
Partner
Bachelor of Science (Quantity Surveying) and Master of Applied Law (Taxation). Registered tax agent and legislative specialist. Leads depreciation claims and contributes to strata/retirement village act development. Member of Strata Community Australia's legislative panel.
Blake Rooney
Partner
Qualified Quantity Surveyor with Diploma in Information Technology. Specializes in asset management for complex strata schemes. Oversees training programs and maintains Certified Quantity Surveyor accreditation. Focuses on sustainability and facility management trends.
Questions
What is a sinking fund forecast?
A budget report identifying major repair/maintenance costs over 10-20 years to calculate annual contributions for strata properties.
How does depreciation benefit property investors?
Provides annual tax deductions based on building age and asset values, maximizing returns through ATO-compliant schedules.
Why use professional insurance valuations?
Ensures accurate coverage calculations for complete replacement costs including regulatory compliance and external works.
Are maintenance plans required by law?
Mandatory in Queensland and NSW for strata schemes. Recommended for all properties to maintain asset value and avoid special levies.
What's included in operational cost assessments?
Caretaking duties, utility expenses, maintenance schedules, and administrative costs for build-to-rent developments.
