Managing your own commercial property? Tired of chasing tenants, managing paperwork, missing rent or drowning in new legislation? Commercial property management can be a serious hassle, especially if you’re new to it or you’re not sure what to do.
Well, guess what? There IS a better way…what you need is a professional commercial property manager.
And it won’t even cost you a cent because the tenant gets to pay for it.
Sounds too good to be true? Actually, it’s not. Here’s how it works:
With commercial property leases, tenants are typically responsible for paying outgoings and, yes, here’s the magic trick, commercial property management fees are considered to be outgoings.
Amazing, isn’t it? The tenant gets to pay for it and you get to have your property managed by an experienced professional who will free up your time, maximise returns and save you the headache.
You’d be mad not to, right?
That’s why we’re constantly amazed at landlords chewing up valuable time by managing their own commercial properties. At HKC, we manage our clients properties as if they are our own – and, in turn, our clients get to do what they love most – finding new properties to invest in.
To be fair, there are some exceptions to the rule so you’ll need to check the fine print on the lease to ensure the agreement allows for it. Similarly, if you’re setting up a new agreement, make sure to think about including this option for the tenant to pay the commercial property management fees.
Contact HKC today and ask our experts about freeing up your time and maximising returns for your commercial property.
By: Hiona Kristiansson
Hiona Kristiansson has worked in the commercial property management industry for 20 years and has complete knowledge of the complex legislation governing commercial property leasing and management. Hiona's extensive experience in managing a range of asset classes includes CBD office buildings, industrial warehousing and retail tenancies. She is a Licensed Real Estate Agent and co-founded HKC Property Consultants in a bid to bring a superior level of service to commercial clients (private investors, corporate owners & tenants alike). Having worked both in a consultant role and directly for a major landlord, she has stood on either side of the fence, which gives her a broader perspective and helps achieve positive outcomes for her clients. Find out how Hiona can help you with your commercial or industrial property. Call now for a complementary 30 minute consultation.