Potts Point property management, done properly

It depends on the building, the aspect and the condition. A sought-after Art Deco apartment and a plainer unit are very different propositions. Rents here are strong, but the honest number is one benchmarked to what is leasing in your block and street right now, which is what the appraisal above gives you.

Professionals and downsizers who want character, cafes and the city close by. A lot of the stock is period Art Deco and Victorian apartments that tenants seek out by name. We match the building to the tenant most likely to value it and stay.

Yes, and they are some of our favourites to lease. The Art Deco and Victorian blocks along Macleay and Victoria Street attract tenants who specifically want character over a new build, so pricing and presenting them to that audience is how you get a fast lease and a tenant who stays.

Well-presented apartments here tend to lease quickly, because demand for the period blocks is steady and the location sells itself. Across our Sydney portfolio the average is around eight days.

Beyond the basics, most weigh up natural light, a clean and modern bathroom and kitchen, some storage, and a sense of security and quiet once the front door closes. Any outdoor space, even a small balcony or courtyard, is a real advantage. In Potts Point, position and the walk to what people come here for do a lot of the work too. Get these right and you widen the pool of applicants, which is what protects your rent.

Usually the small things pay and the big ones do not. Fresh paint, good lighting, a tidy bathroom and kitchen and a proper clean lift the rent and the speed of the lease far more than their cost. A full renovation rarely pays for itself in rent alone. Before you spend a dollar, we will tell you what will actually move the number and what will not.

Three come up again and again. Pricing to the number they want rather than the number the market is paying, so the property sits. Skimping on photography and presentation when tenants have choice. And getting the furnished-or-unfurnished call wrong for the property. Self-managing and missing the live market is the fourth. Each one costs weeks of vacancy, which almost always dwarfs what it saved.

Less than most landlords expect. We handle the whole handover from your current agent, so there are no awkward conversations for you. If there is a tenant in place, the lease, rent and bond carry over unchanged, and our side is usually done in a day or two. With no lock-in, the timing is set by your notice period, with no gap in rent.