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3 ways to make your investment property stand out

Wednesday, January 3, 2018   Property

 

In every capital city, residential and commercial buildings are on the rise – literally. Last year, construction was Australia’s third largest industry, with a $134 billion output and a 8.1 per cent share in the GDP, according to the 2016 Industry Report.

With so many new spaces going up daily, tenants are spoilt for choice and the struggle for investors to stand out is real. If your space isn’t attractive and well maintained, you’ll miss out. Fortunately, comprehensive property maintenance can ensure your space looks great and is consistently rented.

Here are three tips to help you make a great first impression:

1. Make a killer first impression

Prospective tenants will have already given your property a once over before entering the front door, so be sure your space looks clean, tidy and professionally maintained.

Curb appeal goes beyond putting some flower pots by the entrance, which is why you should pay careful attention to:

  • Lawn care,
  • High pressure exterior building cleaning,
  • Gardening,
  • Window cleaning,
  • Fencing,
  • Painting.

For many, a shabby looking exterior is a major deal breaker. This is particularly true for commercial tenants who need their business to look well polished.

2. Add a fresh coat of paint throughout the house

Repainting is one of the easiest ways to add major value to your property. Fresh paint can make small rooms look bigger, modernise older areas and brighten up a dull space.

“Fresh paint can make small rooms look bigger, modernise older areas and brighten up a dull space.”

When you paint, be sure to go with neutral hues like cream, white, taupe or beige. Although you might think a bright pink room looks great, many renters may not.

In larger strata spaces or mixed use commercial buildings, a major repaint takes extensive planning as certain areas will need to be sectioned off and completed according to schedule. At ACW Property, our professional painting team works closely with your building and property managers to ensure painting projects are carried out smoothly and to plan.

A well maintained garden can enhance your property's curb appeal. A well maintained garden can enhance your property’s curb appeal.

3. Brag about recent repairs and general maintenance 

When you have inspections, it’s great to have talking points around recent maintenance and repairs done to a building. If you’ve recently undergone an electrical or plumbing update, be sure to let tenants know. This will offer them peace of mind that the space is looked after properly and that everything is in good working order.

It’s even better to assure people that this level of care will continue. When you work with ACW Property, you can because we have a full staff of fully qualified, experienced tradespeople to tend to every aspect of your commercial or residential building.

Many property management companies can access all of these services for you, but rarely do they all live under the same roof. That’s where ACW Property is different. Because we have such a diverse range of employees, we can ensure you that any maintenance request will be dealt with quickly and efficiently by trusted service people. To find out more, reach out to our expert team today.