"As property managers, we have a vast and reliable network of quality architects, engineers and tradespeople to ensure building work is completed cost effectively and on time."
By liaising closely with the commercial real estate network on a regular basis. Part of the local property community for more than 18 years, our long-standing relationship with commercial real estate agents has proved invaluable through many purchases and continues to be an advantage passed on our investors.
We actively seek property with certain quality aspects that we believe will result in better than average returns for our clients.
Properties are either purchased at auction with the client or secured by private treaty and then transferred to an investor.
This process involves:
- Inspecting the property
- Financial feasibility
- Building compliance
- Leasing with the real estate agent
- Arranging funding
- Arranging valuations
- Arranging insurance
- Determine the best ownership structure
- Liaise with solicitors for a smooth settlement
- Arrange changeover of rental payments from vendor to purchaser
Property syndication is a direct property investment that allows smaller investors the opportunity to invest in high-quality commercial and industrial real estate.
This pooling of capital allows smaller investors the opportunity to participate in investments often reserved for the larger, more sophisticated investors. It is an effective and affordable way to invest that has grown in popularity in the past few years.
Focus on Property manages and maintains all property syndicates on behalf of the investors, meaning the you don’t have to worry about the hassle of day-to-day property management matters.
Focus on Property has in excess of $400M in property under management throughout New Zealand. This includes 95 buildings and over 300 individual tenants.
We work hard for all our investors by undertaking all day-to-day management and long-term strategic planning for all properties.
For peace of mind, and to keep you informed, we issue monthly financial reports and bi-monthly written reports providing an in-depth account of the properties activity.
- General maintenance and repairs
- Rent collection
- OPEX recovery and end of year wash ups
- Long-term capital repairs and replacement
- All lease administration i.e. rent reviews, renewals, assignments
- Budgets and financial planning
- Banking Arrangements
- Tenant Liaison
- Insurance cover
- Building Warrant of Fitness
- Finance and Valuations
- Strategic goals and future uses
- Full end of year financial reporting services
- Investigate redevelopment potential
Robust feasibility studies are vital to ensuring the success of a commercial property investment.
Focus on Property can undertake full feasibility studies encompassing all necessary factors to enable an informed decision to be made.
Whether researching markets, or analysing trends, values, time-frames, engineering, legality and achievability, we have our finger on the pulse to safeguard your project’s future success.
Properties are often purchased under due diligence to enable these feasibility studies to be undertaken while reserving the purchase and the right price.
Focus on Property is built on a strong commercial development background with many of our staff holding their own portfolios of refurbished offices and commercial buildings. Changing the use of a space is major undertaking, however we know first-hand that in many cases it can be the key to releasing the higher potential of a commercial property.
We have experience in obtaining Resource Consents and Building Consents to ensure projects are delivered on time. Rest assured, our investors are fully informed of risk and are involved throughout the entire project.
No commercial property project is worth stressing over. That’s why it is important to have the right people, with the commitment and skills to deliver a quality project, safely.
Focus on Property can assist with all property project management and building alteration works to ensure a good investment that will accrue value in the long-term. As property managers, we have a vast and reliable network of quality architects, engineers and tradespeople to ensure building work is completed cost effectively and on time.
We have project managed some major construction works over two decades and at any one time would now have over $10m under some form of development.
Previous experience include;
- New Zealand Couriers – Mount Maunganui $3.5m
- Turners Cars – Mount Maunganui $2.5m
- Kainga Ora – Hamilton $4.5m
- Ministry of Social Development – Hamilton $12.5m
- Tauriko Convenience Centre – Tauranga $5m
- Omninet – Tauranga $2m
- Hospitality Precinct seismic strengthening – Tauranga $3m
- Accident Compensation Corporation – Hamilton $900k
- AMI Fitout – Tauranga $600k
- Wade Group – Hamilton $2.5m
- Kennards Hire – Hamilton $3.5m
- North End Foodbar – Hamilton $1.2m
Focus on Property has recently established a shared office space called ‘The Mooring’. Perfect for small teams needing to get out of the garage and into their first real office, it is a professional environment where businesses can happily host clients and base its staff for the next stage of growth. Lease terms are flexible and being gross leases, there are no extra costs.
Visit www.themooring.co.nz for more information.