How is the tenant monitored for care of my property during their lease term?

Our team conduct regular building walks at each site to ensure the property’s presentation is kept to a high standard.

What outgoings is the tenant responsible for?

The tenant is responsible for any outgoings that are not capital in nature, including but not limited to Council Rates, Water Rates and Owners Corporation Admin Funds.

What checks do you run on prospective tenants?

Reference checks with previous agents/landlords, credit checks and business references.

Do I need to offer incentives to find a tenant for my property?

On occasion you may want to offer incentives to assist in finding a tenant quickly. Depending on the current market and the length of tenure offered, incentives may also be needed.

How do I find out about who my tenant is, how long have they been in occupation and what do they do?

Your Portfolio Manager can provide you with that information and these details will also be on the lease.

How long will it take to secure a tenant for my property?

This will depend on the current market forces and conditions.

Why does MCO charge a renewal fee?

Often discussions and negotiations are extensive and retention of a tenant avoids the property becoming vacant.

What does the marketing fee cover?

The marketing fee covers items such as generic and specific property ads, photography, floor plans and more. For a full list of activity, contact your Portfolio Manager today.

What is landlord insurance? Do I require it?

Yes, this covers loss of rent, unforeseen damage, public liability and existing structural cover.

What is MCO’s process should my tenant default on payment?

MCO issues a notice of default, and they arrange a lock out on instruction from the landlord.

What marketing strategies does MCO undertake to advertise my property for sale/lease?

MCO utilise internal websites, third party websites and create generic promotions and campaigns across several media forums to advertise your property. For a full list of activity, contact your Portfolio Manager today.

What our clients have to say

St Kilda Rd Towers met exactly what we needed as a growing business including a convenient location, impressive environment from which to run a business and affordable rent

Theo Teeder

There are very few occasions when the sales pitch is matched by the reality, but after having leased an office from MCO at St Kilda Rd Towers we’ve found the staff and building to live up to their claims

Harry Simon

St Kilda Rd Towers is a vibrant and interesting business hub with all the support services you can possibly ask for

Ian Campbell