New Farm and Teneriffe Property Management
Our Red & Co Rentals team recently took over the management and leasing of 2 lovely apartments in Brisbane’s New Farm and Teneriffe.
Both apartments were upmarket with 2 bed 2 bath 1 car
The New Farm apartment was on Dixon Street just meters from New Farm Park being a beautiful ground floor apartment with massive living areas, fully ducted air conditioning and high end finishes.
The Teneriffe apartment on Beeston Street was located just 1 minute walk to Tenneriffe park and 2 minutes to the Brisbane river walk ways. A well maintained pet friendly complex while the apartment boasts a massive 24sqm entertainers deck, gas cooking and plush carpets throughout.
Both apartments have now been rented. The art of good property management is reducing the amount of time the property is vacant. This is done through having an acute knowledge of an area’s rental prices. Too low, and you are not generating enough value for your owners. Too high and the property sits vacant for an extended period of time costing literally thousands in lost income.
A good property manager knows that your investment must be producing consistent income to perform. A good property manager will know how to generate value for their owners, whilst maintaining good relationships with paying tenants. At Red & Co., New Farm and Teneriffe in Brisbane are our backyard. We have lived and worked in this region for a number of years now and therefore have a deeply rooted knowledge of the market. We can quickly tell you what your property should realistically rent for. If you would like to speak to one of our veteran property managers about your investment, call Ed Cassidy on 0403 331 236 or email [email protected].