Property represents a very secure and sound, long term form of wealth creation. And as such, Australians are increasingly turning to property investment to secure their future. A well managed investment can offer many advantages including income and capital growth. Many investors may also be able to use their investment to reduce tax payable on their assessable income. Property is also a good option as part of an investment portfolio, particularly with people who do not need immediate access to their money and wish to protect themselves against inflation over the long term. It is important to be aware however, of the responsibilities of managing your property investment and assuring proper care and responsibility. As considerable money is at stake, it is imperative that you employ a Property Management specialist to manage your property.
We have the largest portfolio of properties under management in the bayside area. With over 850 properties managed, our size and specialisation ensures our team has specialist skills - we are dedicated to managing your property.
Phillips Nicholson Property Management offers a large range of services to our many respected property investors. There are many reasons why Phillips Nicholson First National Real Estate should manage your investment property.
- Optimum level of services and advice
- Open 7 day service for prospective tenant enquiries
- By appointment inspections only
- Regular inspection reporting to property owners
- Weekly updates to property owners with vacant properties
- Dedicated and committed team of professionals
- Solid based tenant register of prospective tenants
- Best Practice ‘Gold Award’ for systematic procedures and operations
- First National Victorian Property Management of the Year award winners
- Specialising in residential and Commercial Real Estate
- Strict rental arrears with zero tolerance practices
Rental Valuation
It is our responsibility to honestly and professionally recognise your property's rental potential. This is why our valuation process takes into account similar comparable properties and rental market trends, which may affect your property. A realistic rental valuation is essential to ensure your property should be let promptly, resulting in a better financial return on your investment in the long term.
Tenancy Selection
We adopt a very strict screening process, which aims to obtain the best possible tenant for your property. Our detailed application form enables us to establish current and previous tenancy and employment history, as well as screening business and personal references. We also complete a credit check on the tenants through the National Tenancy Data Base. This company and its information is only available to estate agents and will advise us if the tenants have any outstanding debts or judgements against their name from previous lease agreements. This can protect you from poor tenants. Once all this information has been obtained, we shall contact you direct to discuss the application on its merits, and the final choice of the tenant is your decision.
Lease Agreement
We prepare all the documentation, ensuring stringent leagal compliance. It is also our responsibilty to ensure that all requirements to the lease are clearly explained to the tenants at the time of signing this important document and the tenant has to read and understand their obligations.
Communication
It is our policy to develop open and honest communication with our clients and to build mutual trust, and to maintain relationships with them. We deliver the highest standard of service without losing sight of the importance of personal contact.
Rental Payments
Our accounts department offers prompt payment of all rental income. We produce rental statements on a set date every month and a statement with a cheque can be forwarded to you, or your funds can be directly credited into your nominated bank account. This ensures there is no delay receiving your funds.
