The team at Andrew McDonald Commercial Dubbo has extensive knowledge and experience to offer to Commercial, Retail and Industrial building owners and lessees within the Dubbo market place.
Our Commercial Management division manages and leases a diverse range of commercial, retail and industrial properties. Whether you are a small investor or a large corporation with demanding reporting requirements, our qualified and experienced team will provide information and recommendations to minimise vacancies and maximise property performance and returns on investment.
General services provided in the Management of Commercial property include but is not limited to:
Co-ordinate all letting activity at the time of any vacancy.
Screen all prospective tenants to ascertain their capacity to pay rent and ensure they are able to meet their potential lease obligations.
- Lease Documentation
Follow up on the status of new leases with Lessees, Lessors and their solicitors.
The calculation of all outgoings payable under the terms of the lease and invoicing of any such charges to the Lessee.
- Public Liability Insurance
Annual follow up of the Certificate of Currency.
- Rent Reviews
Rent reviews will be calculated and implemented annually.
Market rent review advice is provided upon the initial term expiring and prior to the Lessee exercising their option to renew.
Consumer Price Index figures are obtained from the Australian Bureau of Statistics where required.
- Tax Invoices
Tax Invoices are processed and issued monthly in accordance with the requirements of the Australian Tax Office.
- Repairs and Maintenance
We advise the Lessor of any repairs or maintenance items reported to our office, obtain quotes if required and follow up any trades people where required to ensure the work is completed properly and in a timely manner.
- Financial Administration
Issuing of Income and Expenditure Statements (Tax Invoices) each month plus Financial Year Statements annually if required. Statements will detail all income and outgoings. GST charges will be shown clearly on all statements.
- Disbursement of Rent Proceeds
Disbursement of funds is undertaken twice per month where rent or outgoing proceeds are held in Trust on Lessors behalf.