- Asset Management: We guide your investment direction, unlocking value, disposing of underperforming assets, and sourcing new opportunities to grow your portfolio.
- Property Rental Management: The foundation of our service. We handle tenant placement and day-to-day operations while providing proactive feedback.
- Project Management: We oversee value-add projects, renovations, and maintenance to ensure your asset’s longevity and capital appreciation.
1. Tenant Placement & Screening We secure the best possible tenants to ensure consistent cash flow.
Marketing: extensive advertising on portals, networks, and boards.
Screening: Rigorous application processing and credit checks.
Financials: Collection of deposits and first month’s rent.
Legal: Compiling and signing compliant lease agreements.
2. Comprehensive Property Management Commission: Recurring 10% of monthly rental amount. Once a tenant is placed, we take over the burden of daily operations:
Financial Admin: Monthly rent collection, trusted account management, and debt recovery.
Legal Compliance: Management of lease renewals, letters of demand, and eviction processes if necessary.
Maintenance: Ingoing/outgoing inspections and management of reactive maintenance (obtaining quotes, scheduling work, and invoice payments).
Accounts: Management of service accounts and levy payments.
The Strategic Advantage: This is not an optional add-on; it is a value-driven enhancement essential for sustainability. We provide:
Annual Strategy Consultation: A dedicated meeting to review the past year’s performance and set the budget and strategy for the year ahead.
Maintenance Planning: Proactive scheduling of maintenance to preserve asset value.
Lease Profiling: Analysis of lease expiries to mitigate vacancy risks.
ROI Optimization: Professional advice on renovations or expansions to increase returns.
For investors actively seeking to expand, Grove Properties acts as your acquisition partner.
Buyers Mandate: We source new properties and perform due diligence (5% acquisition commission).
Development: Management of redevelopment or new development projects (5% of total project value).
Joint Ventures: Profit-share structures on JV projects (25% profit share).
For landlords who require total distance from the day-to-day management of their assets, we offer two tiers of Custodian Services.
1. Standard Custodian Service (Fee: 0.5% of property value) We stand in for the landlord, handling property oversight, facilities management, cleaning, and pre-visit services. Includes annual performance meetings and coordination with service providers.
2. VIP Custodian Service (Fee: 1% of property value) The ultimate peace of mind. Includes all Standard services plus:
Proxy representation at Body Corporate meetings.
Coordination with your professional team (Attorneys, Wealth Managers, Accountants).
Power of Attorney representation in legal disputes.
Ferdie Heunis
Tracy Wilson
Jane Crous
Judy Clark
Rob Barnes
Irene Mackie
