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When you hear the words “Property Condition Report” or (PCR) you may not immediately think of Commercial Real Estate. Some Commercial Investors could argue that the make-good requirements in the lease are sufficient, but it isn’t always that simple. A good Commercial Property Manager will always use a Property Condition Report, let us explain why:…Read More→
Whether you’re self managing your asset, or you have delegated the day-to-day operations to a management agency, you might be surprised by the additional benefits derived from your relationship with a good commercial property manager. Valuable benefits that you might be overlooking right now. Here are a few ways you can benefit from professional management that…Read More→
Aaah, property investing. You could call it… running a therapy / tenant complaints hotline, funding your air conditioner repair mans bi-annual holidays, improving your debt collection skills, and shuffling mountains of paperwork and bills around your office. Chances are, if you own a commercial property, real estate is the asset class you feel most comfortable…Read More→
Implementing annual rent reviews is critical for ensuring your commercial asset is generating the highest possible return year-on-year. Despite market fluctuations, it is well accepted that rents are on an overall long-term upward trend. Thus it is reasonable for a landlord to receive increases each year so rent keeps pace with market. Commercial property rent…Read More→
It’s been said “the only things certain in life are death and taxes”. It should come as no surprise then, that land ownership does not escape the attention of the tax man. Land tax is payable annually by owners of land and is administered by the Office of State Revenue, Department of Finance in WA….Read More→
