Why is the vendor selling?

The vendor could be selling for many reasons, they may be restructuring their portfolio or a potential change in financial circumstances.

What growth can I expect to see on the value of my property?

The growth on your property value will depend on the current market conditions. For more information, speak to our Sales Consultant today or request a property appraisal.

Will GST apply to the sale?

GST will apply to your sale if the property is sold with vacant possession. If the property is tenanted, you will not be charged GST.

How often do I require a valuation on my property?

A valuation is done annually for tax purposes however we recommend seeking advice from a financial professional.

Can I place ownership of my property in a superfund?

In certain circumstances, yes you can. However, we recommend seeking advice from a financial professional.

How do you conduct a market rent review?

Consideration is given to recent leasing of similar property within the building or vicinity.

When do I receive the rent for my property?

Usually on the first of the month as outlined in the lease schedule.

How much do I have to pay as a security deposit?

Between 3 and 6 months rental, depending on the property.

What items are subject to make-good at the end of the lease term?

Items generally expected to be addressed include painting walls, steam-cleaning carpet, repairing/cleaning windows and blinds, ensuring all lighting and electrical points function, removing data cables and returning the premises to how it was described in the original condition report.

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 our clients have to say

I must say the staff at MCO are very friendly and very supportive. Thank you all and keep up the good work

Shan Balasuriya

I am always impressed by MCO’s prompt and friendly service, attention to detail, and quick resolution to any issues with my tenancy

Simon Selimat

The strong community environment at Toorak Corporate has allowed us to establish a growing network and has made our time in the Toorak Corporate very worthwhile

David J Loiterton

Get in touch today!