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gartland.com.au
Gartland Property Presents Ryrie Home 44 RYRIE STREET, GEELONG The exclusive preferred agent of Franze Developments
Introduction
Introducing
Residential Property
Management
OUR DREAM IS TO HELP We nurture strong relationships with
investors and landlords, ensuring that we truly
GEELONG ACHIEVE ITS understand their needs We use innovative
POTENTIAL AS VICTORIA’S marketing, the latest technology and a stringent
vetting process to ensure that we can always
PREMIER CITY TO LIVE, WORK attract and match high quality tenants with the
AND INVEST. properties we represent.
An overview of Services;
We strive to make a unique contribution to
• Rental Market Appraisal
our city’s revitalisation through exceptional
• Property Leasing
property services coupled with our strong
business and community networks. • Management Services
As locals ourselves, we’re proud to offer
unparalleled expertise in Geelong residential
property management.
44 RYRIE STREET, GEELONG
RYRIE HOME
Property Profile
Executive
Summary
RYRIE HOME Proposed Yield: 4.5% - 5.5%
44 RYRIE STREET, GEELONG Management Fee: 5.5%
44 RYRIE STREET, GEELONG
Leasing Fee: 3.17%
Proposed Pricing Structure: Advertising Fee: $330 Incl GST
One Bedroom + One Bathroom Floorplan
$320 - $350 per week
One Bedroom, One Bathroom + One OSP
$380 - $400 per week
Two Bedroom, One Bathroom + One OSP
$460 - $480 per week
Two Bedroom, Two Bathroom + One OSP
RYRIE HOME
$520 - $600 per week
Three Bedroom, Two Bathroom + One OSP
$620 - $950 per week
Fee Structure
Fee Structure
Overview
• Conduct final inspections at lease end and
MANAGEMENT FEE 5.5% report outcome to Clients.
Management incorporates the on-going • Coordination of compliance - annual smoke
facilitation of the management of the tenancy alarm testing.
including;
• Coordination of compliance - biennial gas
• Routine Inspections conducted after the first heater testing.
three months of tenancy and then every six • Coordination of Tax Depreciation Schedules
months thereafter. The inspection includes a (additional fee)
detailed report including images on the overall
presentation of how the property presents and
is being maintained. All Landlords are invited to LEASING FEE 3.17%
attend the inspection should they choose to.
The leasing of a new tenancy includes;
• Collection of rent paid either weekly, fortnightly
or monthly in advance. • Provide estimate of potential rental income.
• Disbursement of rental income either • Recommendations of ways to maximise the
fortnightly or monthly. property’s appeal to prospective tenants.
• Notification of breaches involving non-payment • Coordinate any maintenance/cleaning/
of rent/significant property damage/accidents. gardening that may be required.
• Prepare and serve Residential Tenancies Act • Provide regular reports on prospective tenant
notices where required. interest.
• Representation at VCAT hearings including • Conduct property inspections with prospective
44 RYRIE STREET, GEELONG
preparation of necessary documentation. tenants both by private inspection appointment
• Monitor lease expiries and advise current rental and open for inspections.
trends. • Reference check prospective tenant
• Conduct rent review and report. applications including a search on national
tenant database.
• Coordination of any maintenance (in
consultation with the Facilities Manager, • Submit tenant offers and recommendations.
Manufacturer or Builder. • Prepare Lease documentation and all other
• Coordination of insurance claims if required. associated documentation.
• Arrange site inspections at lease end and report • Lodge the bond with the R.T.B.A.
outcome to Clients. • Register tenant details for water consumption
• Payment of on-going outgoings ie; Water (when applicable).
RYRIE HOME
service and drainage charges, Council rate • Register tenant details for connection of
notices. amenities.
• Arrange site inspections for contractor or • Prepare a detailed, in-going condition report
valuers. including digital images.
Market Appraisal
Market
Appraisal
One Bedroom + One Bathroom Floorplan
RENTAL MARKET APPRAISAL
$320 - $350 per week
When assessing the proposed rental figure for One Bedroom, One Bathroom + One OSP
each properties, we take into consideration $380 - $400 per week
rental evidence of comparable properties and
Two Bedroom, One Bathroom + One OSP
current market conditions. In assessing each
$460 - $480 per week
of the properties, we have also considered
several other factors including condition of Two Bedroom, Two Bathroom + One OSP
the premises being brand new, location, and $520 - $600 per week
the time of the year the property is due to be
available. Three Bedroom, Two Bathroom + One OSP
$620 - $950 per week
NB: Given the varying floorplans, the proposed rental
range may vary slightly depending on size of balcony and
orientation of the apartment.
Yields range mostly between 4.5% - 5.5%.
44 RYRIE STREET, GEELONG
RYRIE HOME
Marketing Breakdown
Marketing
Breakdown
• Promote the property to prospective tenant
THE ADVERTISING OF THE
44 RYRIE STREET, GEELONG
database.
PROPERTY INCLUDES; • Promote the property to re-location agent/s.
• Independent social media campaigns.
• Provide marketing/advertising
recommendations. TOTAL $330
• Coordinate professional photography.
Optional Extra:
• Coordinate any proposed styling of the Professional Property Styling
property (cost of styling separate POA).
$1500.00 ––$2000.00
• Ad copy.
*Price subject to property size, price per
• Arrange preparation /display of “For Lease”
apartment
board.
RYRIE HOME
• Arrange online advertising to main portals
including www.gartland.com.au and www.
realestate.com.au
Company Profile
Emily Reid
BUSINESS DEVELOPMENT
MANAGER
A seasoned Business Development Manager,
Emily applies her natural customer service skills
and meticulous attention to detail, across all facets
of her role.
After a brief break from real estate, during which
time she worked in media sales throughout the
Geelong region, Emily decided it was time to
return to her passion in real estate and found
Gartland Property was the natural fit.
Along with a loyal following in the Geelong
Community , these career paths have developed
Emily’s strong sales and relationship building
attributes, ensuring exceptional outcomes for her
clients.
44 RYRIE STREET, GEELONG
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