A company with 30 years experience in property management, and 32 franchises across New Zealand, has opened its first office on the Hibiscus Coast.
Craig Harrison, the principal of Quinovic Millwater, says he is proud to be associated with a company that offers a premium service to maximise rental returns, while at the same time ensuing that their clients’ properties receive an exceptional level of care.
Mr Harrison says there is nothing like first-hand experience when it comes to owning and managing a residential rental property.
“I’ve owned rental properties for a number of years myself so I know what it’s like to be a landlord,” he says. “There are a huge number of compliance issues involved and no-one wants to end up at the Tenancy Tribunal if they can help it, as it is stressful and time-consuming. We believe in proactive rather than reactive property management, and achieve this by preparing careful inventories before the house is rented and regular inspections.”
The service includes finding and screening tenants, handling all maintenance issues and ensuring the property is fully compliant in terms of insulation, asbestos, smoke and fire alarms, and offering a methamphetamine prevention management programme.
Mr Harrison says if a property owner wants to attract good quality tenants, then keeping a property up to standard is essential.
In common with most of Auckland, the demand for premium rental accommodation currently outstrips availability.
“There is a high demand for three-bedroomed homes, in particular. Tenants are also looking for houses that are close to amenities and schools, low maintenance and anything with a view is always popular.
“If anyone is thinking of buying an investment property I am more than willing to visit the property and give a free rental appraisal. This will include assessing their potential rental income and giving them a tenant attraction rating.”
He says that landlords with a three-bedroomed home can expect to get around $550 to $650 a week, but prices vary widely across the Coast.
His advice to tenants is to ensure they have good references, a good credit rating and a stable income.