Hi All, I hope your all well. I need some help. I am buying a 1 bedroom villa in manunda. I would like to know what sort of property management fee %, i should be looking at up in that area? It would be much appreciated if you could help fellow investors!!!
8.5% + gst is pretty standard up there for PM fee.
5-10 for petties per month.
1 week rent + gst for each new tenanted lease.Mal
Getting out of your comfort zone, can help you become comfortable
Hello,
What made you choose Manunda? It’s a colourful area with LOTS of appartments and even more coming online in the city centre.
We live in Cairns and feel Jill Croft is an agent who is proactive and helpful if you need a suggestion.
Are you local or have you invested up here much?
[rolleyesanim]
Hello.
I recently settled on one bedroom unit in Manoora.
I simply asked the same agent I bought from to manage it.
They charge 7.5%.
I am not sure if they manage the unit well or not as the unit’s condition was not so perfect when I bought. I had to ask the vendor to fix the leaking shower wall and replace the hotwater tank as it was leaking and leaving stains on the floor.
(Thank you, Shwing, for introducing TKO pest management to do the building inspection.They were really good.)
If the agent was managing the unit very well, from my opinion, it should not be any repairs required when the vendor decided to sell…Maruco
Sorry, the building inspection was from NQBR.
TKO did the pest inspection.
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