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Property Management
Landlord Information
Specialising in investment property management, we offer what we call “peace of mind” service by making your property our no.1 priority. Our focus is directed towards absolute reliability combining the latest in technology together with our personalised and dedicated “hands on” approach.
We believe that property management is not just about collecting rent, but working in your best interests to maximise your immediate investment return. This involves more than merely advertising the property for let, but instead strategically testing the market for the highest possible rental value while securing the most suitable tenant for your property.
It’s not just about collecting rent…
Marketing
There are many factors to consider when renting your property.
For example, rent achievable, location, property features and surrounding
facilities. These are all attributes a prospective tenant will take into consideration
when renting.
To help provide you with a wider choice of qualified prospective tenants and to ensure your property is highlighted in the marketplace, we are able to offer you the following:
•
A full description of the property on our Rental List which is available from
our office
• Up to date registered database of prospective tenants
• Classified advertisements appearing in The Advertiser
• Internet exposure on our web site www.adelaidepropertyplus.com
• Photographs of your property on our web site
• Details distributed to selected relocation agents
Tenant
Screening & Selection
Selecting a suitable tenant for your property involves careful
consideration. We are very particular about whom we select and ultimately
what we are looking for are tenants that will look after your investment and
be in a position to pay a premium rent. We arrange to personally meet each
and every prospective tenant at the property by appointment. This is invaluable
in making a personal assessment of the prospective tenant. All interested
parties are then required to complete a detailed application form. Although
privacy legislation prevents us from gaining credit checks, as real estate
agents we have avenues that assist us in tenant selection including reference
checks through the appropriate agencies and, gaining thorough employment and
rental history details. We discuss all applications with you and make our
professional recommendation.
Property
Inspections
Prior to the tenant taking occupancy, an ingoing inspection
report is conducted detailing the condition of the property. Photographs are
also taken and attached. The tenant is then given 2 copies of the inspection
report to carefully check, sign and return to our office, including all photographs
to be dated and initialed. This inspection is again reviewed at the final
inspection before refunding the full bond to the tenant.
Lodgement
of Bond
Prior to taking possession, tenants are required to pay the
equivalent of four weeks rent as a security bond. This bond is receipted and
lodged with the Residential Tenancies Branch of The Office of Consumer and
Business Affairs on your behalf.
Routine
Inspections
The first routine inspection is carried out approximately 3
months after the tenancy commences and at 3 monthly intervals thereafter.
The inspection outlines the condition of your property and any maintenance
or repairs that may be required. If the property is found to be unsatisfactory
the tenant is immediately advised and a second inspection is arranged within
7 days. All inspections are followed up with a phone call or email to the
landlord. A copy of the written inspection report is also attached to your
end of month statement for your own records.
Maintenance
With your approval, we are able to arrange all maintenance
necessary including emergency maintenance using one of our reputable and fully
qualified trades people.
Rent
Reviews
In accordance with the Residential Tenancies Act rent is reviewed
at 6 monthly intervals giving the tenant 60 days notice in writing. We suggest
reviewing the rent at the expiry of the tenancy giving the tenant the option
to either vacate or pay the new rental increase.
End
of Month Statement and Payment to You
A fully itemised statement will be prepared on the last working
day of each month and rent proceeds will be paid directly into your nominated
bank account overnight. If we have paid any accounts on your behalf during
this period a copy will also be attached to your monthly statement for your
own records.
Landlord
Insurance
Optional Landlord Protection Insurance is available to guard
against loss of rent should a tenant default or vacate prior to the expiry
of their lease.
Fees
Our fees have been described as arguably the most reasonable and value for
money fee structures currently available today…and just look
at what we don’t charge for…
•
Preparing cases and attending Tribunal hearings
• Detailed in-going, out-going and routine quarterly inspections
• Taking photos of the property prior to the tenant taking occupancy
• End of Financial Year Statements
• Property For Rent exposure via Company Web Page
• Organising Maintenance
Would you like to know more? »