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
Since MCO have been providing property management services for us, we have experienced very little downtime as a landlord, which is important in minimising any outlay as an owner in terms of office outgoingsJohn Defina
St Kilda Rd Towers is a vibrant and interesting business hub with all the support services you can possibly ask forIan Campbell
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 claimsHarry Simon