Steve Arnold has over 37 years’ experience in residential property management. These days Steve uses his expertise to help landlords improve and upgrade their investments to improve their returns and increase the value of their investment. In 2020, our client transferred the management of his Charlestown Investment Property to us. At this time the property…Read More→
Circumstances in people’s lives can change at any time. Sometimes this could mean the need to sell an investment property with a tenant residing in it. First, we need to determine whether the Residential Tenancy Agreement is a “Fixed Term” of a “Continuing Agreement” In either case the tenant may choose to vacate the property.
Landlords change Property Managers for a various of reasons. It doesn’t cost you anything and you don’t need to wait until the tenant’s lease expires or the tenant vacates the property. The most common reasons in our experiences are: Poor communication Good communication builds trust. There are many ways to communicate, face to face, mobile,
You just don’t know when you might find yourself needing to relocate. In past years the rental market might have been seasoned, but not these days. The demand for accommodation is exceeding the supply. Make sure you register for the first open home. Make an effort to impress the agent/landlord. Dress neatly and be punctual.
Essential Tips to help secure a new abode when rentals are in short supply Read More »
This property is situated in a quiet pocket of this popular inner-city suburb. It is a fairly old home on a large level allotment of 809sqm of land. Our clients purchased this property on 06/03/2020 for $589,000. The intention was to develop the site into 4 townhouses. Arnold Property were appointed as managing agents in
This house is approximately 10 years old and was a “knock down rebuild”. Our client purchased the property on 16/02/2021 for $750,000, purely as an investment. Since then, Arnold Property has had 2 tenancies showing attractive returns and depreciation allowances. The property is situated on a corner block on Wansbeck Valley Road with easy access
Arnold Property have managed this amazing property since 2021 with two very good tenants during that time. Whilst appraising this property we needed to consider how many properties were currently on the market for sale, there were many. Setting an accurate asking price was crucial. We were successful in achieving the average sale price of
Arnold Property have managed this investment property since it was built in 2006. This is the second time we have sold this property. It has a solid rental history, and all the maintenance has been kept up to date. When appraising this property, we were unsure of the impact a long driveway would have. The
This property was the primary residence for our client. Arnold Property leased the property in 2010, and the tenants stayed the whole 14 years. The landlords were advised to the market the property with vacant possession despite losing rental income throughout the sales campaign. We had a challenge to come up with a realistic price
We originally listed this investment property for sale in February 2020. The recommended selling price was $390,000 to $410,000. The property was advertised at $415,000. Unfortunately, we were unable to get a buyer. Just recently our landlords decided to put it on the market again. This time it was listed at $660,000. On this occasion
