All outgoings may be assessed on an annual basis, therefore outgoings may increase.
For a retail lease the landlord is responsible, otherwise the tenant is responsible.
If the option has been exercised and is subject to a market review, then the rent will be independently assessed.
The option cannot be altered however you can seek a variation of lease.
You will be responsible for rent and the landlord’s leasing costs until the premises is re-leased.
This is paid because it is a standard outgoing under the term of lease.
Yes, you must seek the landlord’s consent before undertaking any works to the premises.
The landlord is responsible for all items of a capital nature and the tenant is responsible for general repairs and maintenance.
Yes, in the first instance however the matter is to be addressed by the Owners Corporation.
All maintenance issues are to be referred to your Portfolio Manager.
You must follow the lease conditions and the date on the invoice.
Payment of one month’s rent and the security deposit.
What our clients have to say
MCO have successfully managed my property at Kew Junction Tower for over 13 years and it has been an investment property that I have never had to worry aboutSteven Kavadas
MCO have been very efficient, reliable, helpful and friendly in relation to looking after the leasing of my investment property at St Kilda Rd TowersMrs. S.W. Wong
MCO have been very friendly and great to deal with during our tenancy at St Kilda Rd TowersJai Laungani