What typically happens at settlement?• Around 50% of apartments enter the market at one time creating

an oversupply of rental property

• There are competitive pressures between owners and agents

• Competition creates downward pressure on rents

• Competition creates upward pressure on vacancy

• The initial months of a building’s life can be chaotic if there is no

strategy in place

Our Strategy• Advertise the properties several months out from settlement,

securing tenants and applications early

• Conduct tenant inspections during the finalisation of construction

• Have tenants ready to move in upon settlement

• Rents set by a single source to avoid external competition

• Rents are maximised as tenants cannot shop around to get a better

deal from other agents

• Leasing completed calmly and efficiently

• Over time increase rents and keep vacancy to a minimum

Tenant SelectionSelecting the right tenant can be the difference between a problem

free investment or an investment that will cost you thousands. Below

are our methods to avoid these costly mistakes.

• A poorly completed application is an early indicator of tenant

standard and used in the selection process

• Short lease offerings by tenants are to be avoided as they can be

costly in fees and vacancy

• Avoid excess wear and tear by keeping tenant volumes low

• 100 point ID check to confirm who is really leasing the property

• National tenant reference check with TRA to confirm rental history

• Call employer to confirm income and ability to pay rent

• Call current property manager to check that their property is in good

condition and rent is paid on time

Once we have provided you with our tenant recommendation the final

decision is up to you to proceed and lease the property or go back to

the market.

LEASING & MANAGEMENT OF YOUR INVESTMENT PROPERTY

1300 937 277 Suite 406, 55 Holt St, Surry Hills NSW 2010 www.cpsproperty.com.au

• Securing tenant

• Reference checking

• Lease preparation and signing

• BPAY rent collection

• Arrears management

• Payment of rates and levies

• Insurance management

• Coordination of all repairs, maintenance, defects

and renovations

• Periodical rent reviews and renewals

• Detailed ingoing and outgoing inspections

with photos

• Bond refunds

• Bond Lodgments & Refunds

• Up to four routine inspections per year including photos

• Annual scheduled maintenance and improvement report

• Sales valuations

• Smoke alarm compliance

• Tribunal representation

FEATURE OPTION 1 OPTION 2

Service Fee5.5% GST inclusive

9.9% GST inclusive

Letting Fee 1 x weeks rent + GST No charge

Advertising $176.00 GST incl No charge

Statement/Sundry Fee $11.00 GST incl per month No charge

Lease Preparation Fee $33.00 GST incl No charge

Tribunal Representation $110.00 per hour No charge

Renewal Fees 1 weeks rent + GST No charge

Professional Photography $ 132.00 GST incl No Charge

Floor Plan $ 88.00 GST incl No Charge

OUR LEASE AND MANAGEMENT PACKAGE INCLUDES:

1300 937 277 Suite 406, 55 Holt St, Surry Hills NSW 2010 www.cpsproperty.com.au

Tenancy Reference Search $ 55.00 No Charge