How are the properties managed?
We engage a property management team who take care of all day-to-day management of the properties. This includes collecting rent, managing lease agreements and any repairs/maintenance required.
What expenses are associated with each property?
Below are some examples of monthly property expenses: Strata levies Water rates Council rates Maintenance and property management costs Audit and valuation costs Land tax Interest repaymen...
What happens during any period a property is vacant?
We work hard to ensure properties always remain tenanted. However, if the property becomes vacant, any expenses will continue to be paid out of the cash reserve. This may result in Brick Owners n...
Can I physically visit the properties?
No. We have to respect our tenants’ right to enjoy their property in privacy so we don’t allow Brick Owners to inspect the properties. We do however, provide detailed information about them on the...
User Guide: How we manage the properties you invest in
Property management can be difficult and expensive; with the average agent commission costing approx. 7.6% it’s a headache that a landlord can do without. One of the biggest value-adds on the Bric...
Brunswick West, VIC (BRW01) Property updates
This property required extensive repairs due to water damage caused by heavy rain in July 2018. Unfortunately, despite having insurance with Terri Scheer (underwritten by Suncorp) in place, our cl...
Brunswick West, VIC (BRW01) Property update - January 2022
This property required extensive repairs due to water damage caused by heavy rain in July 2018. Unfortunately, the property has experienced further water damage necessitating urgent repairs includ...
