Commercial Property Management in Perth
In Commercial Property Real Estate, we recognize that property owners are savvy investors and appreciate the high capital outlay for the commercial real estate. That is why Time Conti Sheffield is highly committed and owner-focused. Our team of expert property managers are trained to treat your investment with great care.
Time Conti Sheffield is meticulous in our processes, looking after all details from tenant profiling to lease structures, legal documentation, risk mitigation strategies and strategies for ongoing compliance. Our portfolio of commercial properties includes factories, industrial warehouses, retail outlets, office space and buildings.
Why should you make TCS your first choice as your Commercial Property Manager in Perth?
Why We Are Perth's Trusted Commercial Property Managers
Time-Proven Experience
Established in WA since 1952, 65+ years of time-proven Perth real estate experience is testimony of how our service has won the trust of the WA people and today, we are recognized as a respected leading Perth Property Management.
Dedicated Staff - Property Management Team
Expert Knowledge
Our personable Senior Commercial Property Managers are well placed to provide quality commercial advice in all aspects of commercial property management. By harnessing their combined strengths and industry experience to work in your best interest, you can count on their intricate knowledge of the Perth real estate market and the legislation regulating property investments and property management in Perth. Their commendable conflict resolution skills have provided creative win-win solutions for our Owners and Tenants alike.
Single Point of Contact
We pride ourselves with having a low staff turnover, which benefits our customers by providing you with a one, single point of contact. Our team will carefully evaluate your requirements, cultivating a long term relationship that will help in optimising the returns on your commercial investment property.
Staff Training Programs
We are committed to continuous training of our Commercial Property Management team. Ensuring that we keep up with the ever changing property market. This commitment to training and development delivers to Owners and Tenants first-class advice and service by our accredited professionals.
Tried & Tested Processes
Staff Training Programs
At the foundation of our business, we have established reliable in-house systems that have been tried and tested to deliver comprehensive bespoke commercial property management solutions in Perth. That’s why our Owners can enjoy minimal reporting errors as well as proper records of relevant transactions which help them make accurate decisions on their property.
High-Quality Tenants
High-quality commercial tenants are critical to successful leasing – here is where we have highly regulated and detailed systems and processes, which have been developed for over 6 decades to provide you with the best possible outcome. With a low average vacancy rate, our property owners can rest assured that their investment property remains profitable for the long run.
Fully In-House Services
Because we deliver ALL our services in-house with absolutely no outsourcing at all, we have intricate knowledge of your entire operation and complete control every step of the way. Our Owners have their privacy, accountability and excellent service as they conduct their property business through us. By knowing our Owners inside-out, we are empowered to work to their best interest. Read on the dangers of Outsourcing Property Management
Fully In-House Services
There are zero upfront costs in engaging us. At Time Conti, we understand that investing in commercial property is usually a significant financial undertaking. Which is why you don’t have to pay us until you start to receive your rent payments.
Successful Track Record
In over half a decade, our company has won a variety of industry awards and recognition in various fields of real estate property management. But what is truly important for our Owners are the key indicators on how well we do for them and a key to understanding this is to compare how we do to industry averages. We are delighted to be able to consistently top industry averages for average vacancy days and leasing vacancy rates etc. See for yourself: YouTube Perth Market Update.
Frequently Asked Questions
Firstly, and most importantly check your current Management Authority to ensure you are not locked into a contract. Also check the number of days’ notice you need to give to your current agent.
Then it’s easy – sign up with us, give your current agent the required notice and we will handle everything from that point onwards.
Commercial tenants pay their rent monthly and usually it is payable on the 1st of each month. Given this, we usually process owner payouts mid-month and end month. We can tailor this to suit your needs.
The way in which late rent is handled is set out in the Commercial Lease, however initially we would contact them to find out if there is a problem and when payment could be expected.
If this doesn’t yield a satisfactory answer, then we would issue a default notice giving them 7 days to pay.
During this time, we would be in contact with you to seek instructions and ensure you remain in the loop.
If the rent is still not paid after the default notice expires then the tenant faces the real possibility of being locked out of the premises.
Variable outgoings in commercial real estate are the operating expenses of a property, often passed on to tenants, which may vary annually.
These Variable Outgoings include Management Fee, council and water rates, land tax and strata levies, insurances etc.
This is usually discussed with the owner at the commencement of the Management so that the VO’s are collected in a way that is suitable to the owner.
Generally speaking there are 2 ways:
On demand, that is as each invoice comes in the tenant is invoiced in full.
From a budget of the Outgoings to be done for a 12-month period and the tenant to be invoiced 1/12 monthly. The budgeted figure is then reconciled to the actuals once on a financial year basis.
Rent reviews are conducted in accordance with your lease. Most Leases allow for a rent review to be completed on each anniversary of the lease commencement date. The method of review varies from lease to lease but the most common are CPI, fixed percentage and market. Once the review has been completed, we will contact you to confirm the new rental amount.
Some maintenance is the responsibility of the tenant. They will usually contact us to arrange and we will add it to their Variable Outgoing reconciliation or invoice them on demand. If the maintenance is not the responsibility of the tenant, then we will contact you to seek instructions before going ahead.
There are some differences between Residential and Commercial property investments which one should be aware of when approaching an investment. For example, property upkeep and make good clauses. Read more here