The true value of a property manager for your commercial space

By Greg Bell

Are you getting the most out of your commercial property on the Gold Coast by utilising all the resources available to you? If you don't have a property manager already, you could be missing out on a lot of local market knowledge. If you do, and they aren't doing the right things, you'll be in a similar boat – but what can your property manager do for your commercial space?

Property managers have local knowledge

Property managers tend to be from the local area and won't be managing only your commercial property. The right one will have experience dealing with similar spaces as yours, and will know all about the best times to review rents, what renovations will add the most value to what sort of tenant and they can even advise you when to invest in another commercial property. That's a lot of information you might not otherwise have at your fingertips.

They can help you to optimise your commercial property

Owning a commercial property on the Gold Coast is more than just making sure it's always tenanted. A property manager will ensure it's always in a clean and tidy state by hiring cleaners and gardeners. Depending on the type of property you own, there could even be room to landscape and make it more attractive, which could help to boost the business occupying the space or make it a better prospect for potential tenants.

A property manager will look after the little things like changing the locks and access codes at the end of a tenancy as well. It's all about taking things off your plate so you can focus on what's important to you.

Property managers can deal with tenancy issues

A property manager deals with all aspects of a tenancy, from screening to interviewing to dealing with complaints or emergencies and, of course, moving out. When a tenant has a complaint or something drastic has happened to the building and urgent repairs are required, you won't have to deal with anything yourself.

Your property manager will look after everything, making sure the tenant is looked after and your property is safe. Owning a commercial property on the Gold Coast can be a rewarding experience, but there's a lot to look after.

To make sure everything is taken care of at all times, hire a property manager from Ray White Commercial Gold Coast today. Get in touch to find out more.

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