Property Management Services
for your Hobart property
for your Hobart property
Operating since 1992, CPPM are professionals in the Hobart rental market with over 30 years of experience in property management.
Our award-winning team can share our extensive and invaluable knowledge on the Hobart market, real estate trends and provide insider know-how to help you get the most out of your property investment.
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Why choose CPPM to manage your property?
With more than 30 years working in Hobart property management, we have used our extensive experience to develop clear and successful processes resulting in happy property owners and happy tenants.
We Ensure the Rent is Paid
We use a direct debit system to ensure that your rent is paid on time.
We Guard the Value of Your Property
You can trust that we constantly assess and review the return charged on your property to ensure you are receiving the maximum return on your investment as well as the capital growth.
We Give You Your Money When You Want It
Mid-Month or End of Month?
Depending on your tenants’ payment schedule you can access your funds straight away, without having to wait until the end of the month.
We use every tool available to us to market your property
We will share your property on respected real estate websites, social media, via SMS and email alerts to interested potential tenants and our corporate clients.
Signage is placed at both our prime office location and your property, and in-house marketing materials contain all the substantial details and colour photos.
We have Loyal Clients
Many tenants prefer to rent from a recognised, and respected property management business, trusting an impartial third party, like us.
Five Star Service
Our focus is on providing you and your tenant with exceptional service, as reflected in our five-star reviews from both landlords and tenants on RateMyAgent.
“I cannot speak more highly of CPPM. Best in the Business. They care for your property as though it was their own”
Jennifer and Luke
“I have found them to be extremely efficient, and they have found me excellent tenants. Their friendly, approachable manner is very acceptable, and I would recommend them to anyone looking for professional help in property management”
Barbara
“ I came to CPPM after a prior agent had dropped the ball and missed some basic maintenance that could have led to more serious building damage. Upon engaging CPPM to manage the property, they had their trades attend immediately and for a fair price, with no issues to date since. Rent has been paid and the place has been tenanted trouble free.”
Luke
“A very friendly and professional team who know the area extensively hence helped us navigate and settle into our New Home comfortably. Highly Recommend”
Liz and Ercan
Are you interested in our Property Management Services?
What’s included in our Property Management Services?
Our Property Management service includes but is not limited to –
- Finding Tenants
This includes processing applications, completing application checks and showing the property
- Lease Management
Preparing and sending the lease agreement to your selected tenant
- Condition Reports
Completing an entry condition report with photos
- Lease Renewals
We will manage and organise the renewal of your lease with an appropriate rent review
- Property Maintenance
Overseeing maintenance including getting competitive quotes from our trusted trades if required
- Inspections
Our professional team of property managers will complete property inspections
- Trust Accounting
Including receiving rent from the tenant, paying invoices on behalf of the owner, and sending out monthly and annual statements.
The Benefits of Hiring a Property Manager
Peace of mind
Outsourcing the management of your property to industry professionals means you no longer need to worry about your responsibilities as a landlord, the organisation and paperwork, or managing the tenant. Our team will manage all these tasks and ensure to keep you up-to-date.
Avoid the Magistrates Court
Nightmare tenants can cost both money and time. The team at CPPM keep abreast of industry legislation and we are able to pursue claims through the magistrates court if required.
Lower chance of tenant turnover
We provide an effective and efficient service meaning there is less chance of you encountering a high tenant turnover. It is easier for us to negotiate any changes to the tenants.
Point of contact for tenants
Rather than you needing to deal with all tenant issues yourself, CPPM can sort them out for you.
Saving your time
Effectively managing a property can be time-consuming, and is an extra task in your already busy week.
We make sure rent is paid on time
By letting us handle the process, the stress of collecting rent from difficult tenants will be alleviated. If tenants fail to pay on time, we will enforce lease terms and take the necessary actions to resolve the issue.
Our direct debit process ensures that we are immediately notified of any dishonoured rental payments, allowing us to contact the tenant asap to minimize rental arrears.
Interested in getting CPPM to manage your property?
Take the first step & organise a property appraisal
Property Management Fees
A decision should never be made purely on the fee structure. For example, a difference of 1% in management fees (the cost of one cappuccino a week) may influence you to select an agency whose poor management of your property may end up costing you thousands of dollars in damage or loss of rent.
There is no such thing as a standardised service when it comes to property management with many agencies offering differing levels of service. Therefore we strongly recommend that you carefully research and compare services .
Our management fee is 9.9 % of the rent collected each week. The property management fees are detailed below, if there is anything you do not understand, please do not hesitate to give us a call.
Property Management Fee Structure
4.95% | Letting Fee | of rent for the secured lease period, charged at the start of the lease (REIT scale is 7.9%) |
9.9% | Management Fee | of rents collected per week (REIT scale 13.83%) |
$4.50 | Administration Fee | per calendar month |
1.65% | Lease Renewal Fee | of rent for the period of the lease extension |
$195 | Internet Marketing Fee | per occasion, the property is listed on the internet |
$225 | Professional Photography | professional portfolio of photos and floor plan – Virtual Staging $65 per room |
$500 | Inventory Charge | only applies for furnished properties |
$25 | End of Financial Year Statement Fee | per statement |
All fees are inclusive of GST
Frequently Asked Questions about our Property Management Services
We know that marketing your property is the most important aspect of successfully leasing it. Your property will be promoted in a variety of different ways to ensure maximum possible exposure and get a greater selection of quality tenants for you to choose
- On our website, and social media accounts
- On the most popular major real estate websites
- Via an email or text message which will be sent to any prospective tenants who have registered their interest with us
- Signage in front of our prime Sandy Bay location with lots of foot traffic, and at your property
- Through our extensive network of corporate clients looking for rental accommodation for their top-level employees
After showing a prospective tenant through your home personally (and noting how they respect your property) they’re required to complete a comprehensive questionnaire that provides us with a full background. The following steps are then taken:
- National Tenancy Database check to see if the tenant has previously defaulted on rental payments
- Previous and current landlord/agent references are checked and verified
- Previous and current employment references and income are checked and verified
- A personal information report is obtained, and proof of identity is checked
After this thorough process you will be presented with the applications for selection and approval. You will have final say – it is your property – we simply put forward our recommendations.
In the eyes of the ATO, a landlord is like any other type of company owner, you do need to pay taxes on the profits you make.
Luckily, though, the expenses that are associated with the property are tax-deductible, and this includes property management fees.
Our preferred method of rent payment is by direct debit from the tenant’s bank account. This is controlled by our office, collecting the rent from the tenant’s bank account on the day the tenant nominates.
This is at no cost to the tenant and most tenants welcome it as a simple and effective way of paying rent. It also obviously cuts back on any likelihood of rent arrears. Tenants are required to pay rent fortnightly in advance, although some may opt to pay monthly in advance
A property condition report is compiled at the commencement of a tenancy, just before your tenant moves in. This report details the condition of the property and contents, item by item. It also includes multiple detailed photos.