Latest Property Management News
Property Management Newsletter
Monday, June 21, 2010
Market Overview
Well, winter is here folks, and with the downpour of rain lately, it’s certainly starting to feel that way!
Our Property Management department continue to keep pushing the boundaries for rents achieved for our landlords. The current market here in Cessnock is ideal for investing, the rental market is in demand with record low vacancy rates of less than 1%. With the current global economy, property still remains a solid investment option with some properties achieving over 7% in our area. If you want to discuss property investment opportunites, don’t hesitate to contact one of our property professionals, we are currently achieving around $280 per week average across our portfolio
Since being appointed managing agents of Vineyard Grove in November 2009, we have sold 6 of the remaining 13 vacant lots owned by Council, including:
· 6 Lindeman Grove
· 61 O’Shea Circuit
· 8 Drayton Grove
· 6 Drayton Grove
· 10 Lindeman Grove
· 27 Mt Pleasant Grove
There are only 6 blocks left to purchase, don’t hesitate to call our office to discuss these opportunities.
Sounds of the Spectrum
Friday 14th May 2010 saw our variety show spectacular in aid of raising funds and awareness for Autism resources in local schools and Aspect, and what a night it was, we managed to raise $25,000!
The night was organised by Maxine Baird, along with a very dedicated committee, her goal was to raise $20,000 in funding for the local schools “I was humbled and very gracious for everyone attending and digging deep into their pockets to support us, to raise over $25,000 was just unbelievable” Maxine said.
400 people attended at the Cessnock Performing Arts Centre, the show was hosted by NBN newsreader Natasha Beyersdorf, and the crowd were treated to performances by Australian Idols Thanh Bui, James Johnston and Amanda Streete, world famous magician Tim Ellis and model and supermum Chloe Maxwell, and comedian Fiona O’Loughlin.
“The feedback has been unbelievable, the email and calls I have received about the show and the performers has been overwhelming” Maxine said, “I wanted the night to be a blend of entertainment and education, whilst raising much needed funds, I had a message to get out there and I think from the response we’ve had, we definitely achieved it!”
The money was raised through the generous donations from various businesses and it was achieved through ticket sales, silent and live auctions and raffle tickets sold on the night.
We would like to take this opportunity to thank everyone who helped make the night a great success and particularly to all who attended, thankyou for choosing our charity to support.
Recent Homes Leased in Property Management
12 Ash St Cessnock $350.00 p/w
16 Sweetmans Creek Rd Wollombi $240.00 p/w
1/3 Allwood Close Branxton $320.00 p/w
13 Robinia Way Cessnock $400.00 p/w
2A Sixth St South Cessnock $300.00 p/w
159 Northcote St Aberdare $280.00 p/w
- Renee Baird
