Commercial Property
WHO MANAGES THE PROPERTY?
All property requires ongoing maintenance. There are landlords who take an active and hands-on role in the management of their property and those who are happy to have an agent professionally manage their investment. Frequent changes to legislation in each state mean changes to the way your property is administered. Many of these include administrative duties like essential safety measures maintenance, access notices for inspections, compliance requirements, bank guarantees and excellent record keeping. An experienced commercial property manager can provide all of the above, as well as market analysis on the appropriate rental rate for your investment. They inspect your property and compare with similar commercial or industrial properties under their management, ensuring your yield is maximised.
MARKETING YOUR PROPERTY
Marketing your property for leasing is something that needs consideration. Highlighting your property amongst the myriad of other properties being advertised is a task that requires targeted and intelligent marketing approaches. The rent being asked, location and attributes of the floorspace are all aspects that prospective tenants will take into account when considering a property to be leased. First National Commercial offices attract high volumes of rental inquiries from prospective tenants, so vacancy periods are kept to a minimum. In addition, their expertise in marketing and presenting advertisements in many cases can make the process far more effective than a landlord could achieve themselves. Access to social media, programmatic marketing and the strength of the First National Commercial brand all across Australia and New Zealand offers you access to the widest pool of potential lessees and purchasers.
WHAT CAN A FIRST NATIONAL PROPERTY MANAGER DO FOR YOU?
- Negotiation of an appropriate lease at market rates
- Organise the widest possible advertising exposure
- Showing prospective tenants through the property
- Receipt of applications and screening of potential tenants
- Completion of relevant documents including specific state wide compliance requirements
- Instructions to prepare leases to solicitors
- Receipt of rent monies
- Address any arrears in rental payments
- Organisation of repairs/maintenance
- Provide regular payments and statements
- For the care of your asset First National Commercial property managers prepare a written inspection report at the commencement of each tenancy and ensure a rental bond is lodged
- This is followed by routine inspections to ensure the property is not altered without your consent
- Bank guarantees and the first month’s rent is secured in advance of the tenant moving into the property
