All Topics / Commercial Property / Commercial Property – Management Fees: What % Should i Be Paying

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  • Profile photo of Matt_ArnoldMatt_Arnold
    Participant
    @matt_arnold
    Join Date: 2006
    Post Count: 142
    October 2, 2011 - 1:15 am

    Hello Folks

    Just curious what is the average charge for property management of commercial property ?

    The specific property i have in mind is a commercial office unit. It should rent for about $1800 per month.  

    Cheers

    Matt

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    October 2, 2011 - 9:42 am

    For a small rental like that, I wouln't anticipate much of a discount from what you'd be paying for residential  – say around 7% + gst in Sydney metro although it will vary depending upon the type and quality ofproperty

    Profile photo of steve54123steve54123
    Member
    @steve54123
    Join Date: 2004
    Post Count: 19
    March 1, 2012 - 12:48 pm

    We are paying 7.something% And they are worth every cent.

    Profile photo of Mick CMick C
    Participant
    @shape
    Join Date: 2010
    Post Count: 1,099
    March 1, 2012 - 1:20 pm

    Depends on location…..+ security type.
    But 7% is pretty good for Com.

    Mick C | Shape Home Loans
    http://www.shapehomeloans.com.au/
    Email Me | Phone Me

    Same Banks. Better Rates. Served With a Passion.

    Profile photo of 25North25North
    Participant
    @25north
    Join Date: 2004
    Post Count: 19
    April 1, 2012 - 9:09 am

    Any recommended commercial agents for Melbourne/Vic area? Much appreciated.

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