Hi all,
I am trying to find a good property manager in Sydney who is both affordable and reliable.
The property to be managed is a relatively small apartment approx 42 sq m in size. I want to keep my investment as "hands free" as possible, and would expect the tenant to interface directly with the property manager without involving me.
I have looked at Oaks Property Management and they seem ok. They charge approx 5.5% standard management fee on weekly rent, plus ad-hoc letting fees among other fees.
Given that the property is a small apartment, management should be comparatively simple. My main criteria is affordability. A fixed percentage fee on weekly rental would be best.
If you have any suggestions of good property managers in Sydney leave me a note and I will look into it. If you have some basic numbers of fees too that would be great.
Cheers
AjayFirstly, which part of Sydney? Is it for short term or long term accommodation? Small properties do have a greater turnover of tenant.
The fairtrading website lists a number of Oak companies – the one you mention is not listed. You may need to check their licence. http://www.propertyservicesregister.fairtrading.nsw.gov.au/olc/psr/Search.do
OAKS HOTELS & RESORTS (N.S.W.) NO.2 P/L 1349600 2009
THE OAKS RESORT & HOTEL MANAGEMENT P/L 1085324
OAKS RESORT & HOTEL MANAGEMENT PTY LTD 998841
OAKS HOTELS & RESORTS (NSW) NO 1 PTY LTD 1347640 2000
THE OAKS PROPERTY SALES PTY LTD 1172474 2009
THE OAKS APARTMENT MANAGEMENT PTY LTD 1141453
OAKS HOTELS & RESORTS (N.S.W.) P/LMiminum stay in the apartment is 3 months but generally it would be 6 months.
ideal with erma international pty ltd. have done 4 bout 8yrs.only property manager i have ever dealt with that puts rents up and down according to supply and demand without me pointing these facts out to them…result …my flat rarely vacant …talk to kim or ben but mite be hard at the moment as kim ready to drop a bundle(kid that is)she works from home and office in pitt street.ph92800060 chARGES BOUT 5%
ideal with erma international pty ltd. have done 4 bout 8yrs.only property manager i have ever dealt with that puts rents up and down according to supply and demand without me pointing these facts out to them…result …my flat rarely vacant …talk to kim or ben but mite be hard at the moment as kim ready to drop a bundle(kid that is)she works from home and office in pitt street.ph92800060 chARGES BOUT 5%
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