Fitzpatricks PCI Commercial has seen a strong start to the 2015 financial year. The industrial units at 181 Hammond Avenue have seen some recent movement with the first two units sold over the past few months, showing a renewed interest in the strata titled small warehouse market. The interest surrounding the new Docker medical suites continues to grow. With over half sold before completion, the …
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The story in The Daily Advertiser this week, “Hellish tenants spark rental peril warning”, highlights the problem that most private landlords are not trained or skilled in residential tenancy law, nor know how to apply it, if their tenant stops paying rent or is damaging their property. At Fitzpatricks, our professional property management team know exactly how to approach this type of situation if it happens, and don’t shy away …
Continue readingSettling Disputes: What happens if there is a disagreement with the tenant?
The tenant’s music upstairs is too loud… the dog won’t stop barking… can we catch up on the rent next week?…when is the stove going to be fixed? We are living in a society where client and customer expectations are a priority. People want things fast and now. Following is a small extract from a popular statement – “I am your tenant” “I am sophisticated, …
Continue readingVacancy Rates for September 2015
We consistently achieve a lower vacancy rate than the average for the region. In September 2015, the vacancy rate for the Riverina was 2.4%, while Fitzpatricks Real Estate achieved 0.87%.
Continue readingRequest to Increase the Rent
Our office understands the importance of rental returns on your investment. For this reason, we are constantly monitoring the market rent on your behalf. When tenants vacate or a tenancy agreement is renewed, we will carry out a fair market rent review. If a rent increase is justified, it is important to note that there are notice periods that must be adhered to. To increase …
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