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Switch to CAPEX Property Management in Brisbane (Mgmt Fee 7% of Rent Inc GST) and Get $1,000 Visa Gift Card after 1 Year

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We are offering a $1,000 VISA Gift Card to all eligible customers who switch their property management to CAPEX Property between 1st May 2024 and 31st July 2024.

Our full-service property management package includes:
— 2 Inspections a year
— On-call emergency hotline
— Detailed condition reports on your investment to ensure the condition of the property and the standard of cleanliness is maintained.
— Comprehensive tenant exit inspections and re-leasing preparation.
— Processing of extensive tenancy applications.
— Maintenance and repairs, sourcing and coordinating appropriate contractors and organising written quotes and invoices for your approval.
— Preparation and attending administrative tribunals as needed.
— Facilitation of the payment of council rates, water rates and property insurances
— Access to a leading owner management app to manage your property financial information, download and print statements and drill into inspection reports.

Our all-inclusive management fee is 7% (inc. GST) of weekly rent. We do not charge any lease renewal, administration, or monthly fees. Our letting fee is 1 weeks rent if you need a new tenant + any premium marketing costs above our standard inclusions. Our focus is on attracting and selecting long-term tenants to reduce letting fees.

Switching property managers is easier than you think! We handle everything - including the breakup call, forms and paperwork exchanges with your old agency. Nothing changes for your tenant except where they deposit rent.

Terms and Conditions:
— The $1000.00 VISA gift card will be issued at the 12-month anniversary of the property being managed exclusively by CAPEX Property.
— The property must be currently tenanted and the client must be switching from an existing property management company.
— The property must be within an eligible suburb, meet our fiscal requirements, and must meet RTA minimum housing standards.
— Limit of 1 gift card per customer.
— The gift cards cannot be exchanged for cash.

Eligible Suburbs - We are based in New Farm and our service area is a 10km radius from Brisbane City:
Teneriffe, Hawthorne, New Farm, Bulimba, Fortitude Valley, Balmoral, Newstead, Bowen Hills, Brisbane City, Spring Hill, Morningside, Kangaroo Point, East Brisbane, Hamilton, Petrie Terrace, Herston, Norman Park, Windsor, South Brisbane, Kelvin Grove, Milton, Red Hill, Ascot, Seven Hills, Albion, Paddington, West End, Woolloongabba, Wilston, Cannon Hill, Highgate Hill, Newmarket, Coorparoo, Lutwyche, Murarrie, Camp Hill, Stones Corner, Grange, Wooloowin, Ashgrove, Auchenflower, Clayfield, Buranda, Dutton Park, St Lucia, Annerley, Bardon, Ashgrove, Clayfield, Taring, Wellers Hill, Hendra, Holland Park, Yeronga, Tingalpa, Alderley, Gordon Park, Eagle Farm, Hemmant, Indooroopilly, Indooroopilly, Enoggera, Kedron, Mount Gravatt, Toombul, Yeerongpilly, Stafford, Tarragindi, Tennyson, Gaythorne, Nundah, Moorooka, Chelmer, The Gap, Graceville, Belmont, Everton Park, Graceville, Wavell Heights, Brookside, Wynnum, Chapel Hill, Mitchelton, Mount Gravatt, Gumdale, Rocklea, Chermside, Sherwood, Salisbury, Stafford Heights, Northgate, Manly, Mansfield, Kenmore, Wakerley, Chermside, Wavell Heights, Corinda, Fig Tree Pocket, Keperra, Chandler, Wishart, Wynnum.

Offer ends 31/07/2024

For full terms please visit: https://capex.property/visagiftcard

Brisbane Office
L1, 888 Brunswick Street
New Farm QLD 4005
(07) 3523 4242
https://capex.property

Related Stores

CAPEX Property Management, Brisbane
CAPEX Property Management, Brisbane

closed Comments

  • +9

    Hopefully no sockpuppeting this time.

    Anyway this reads more like using OzB for free advertising than an actual bargain.

    • Don't think I've ever disagreed with you, but is a bargain for me & others

      Hopefully they've learnt from their first unpublished Deal!

      • Lol sorry but I just don't trust agents. Pretty easy for them to make the $1K back in other ways.

        Managing a property is hardly a fixed amount every year, hence why I said it's an advertisement.

        • Who does trust agents!
          (Not even other agents!)
          They contact me weekly, for their benefit, NOT mine! (Neighbour's house sold for $1.7M - agents want their cut!)

          Am always wary😉
          Yes, always investigate what you are getting for the fee. What are the other maintenance costs!! Who does it?

          Compare with other services.
          Check out reviews.

          A year is a long time for other unexpected costs to build up.

          $1000 at end of a year is to help lock you in, possibly against your better judgement😲

          Management fees are higher in Qld, as others have commented. This is lower than average fee.

  • +5

    Just a side thought: I wonder if CAPEX started as a developer or RE Agent selling and not property managing, because I would've thought OPEX would be more appropriate a name…?

    • +2

      Insiders would say: Either overpriced maintenance to make up difference or option B to see what happen in a year?

      • Seems overpriced maintenance is normal with management services & agents.

        They usually have their own team or contractors to carry out the work. And likely add their own fee for assigning the work order.

        Certainly far more expensive than if I had sought quotes. But that's not what I want to do when a long way from the property.

  • Nice price.
    I got charged 8.5% no fee included

    • Is 7-8% normal fee in Qld? Quite lucky im still on 5.5% in Nsw

  • +2

    What’s the deal?

    Reads more like an advertisement.

    • What’s the deal?

      Cheaper management fee than I've been quoted in Brisbane.
      7% vs Average 9% in Brisbane
      + $1,000 VISA Gift Card💰

      Making it a Deal for me & others!
      Enough for me to consider & investigate this service.

      If you're elsewhere in Oz - you're not eligible, unless you have an investment property to rent in Brisbane😉
      So submitted Report to add [QLD] to Title.

      • Report outcome: (no change)
        "We think CAPEX will provide services to landlords from in other states."

      • -1

        Well according to this website it’s between 5 and 10%.

        https://www.agentscompare.com.au/property-management-fees/pr…

        You can always find websites with non-verified claims to back up whatever spurious argument you’re trying to make.

        Also if they’re offering a $1000 gift voucher AFTER twelve months then they’ve likely nickel and dimed you out of >$1000 over that first year.

        • it's between 5 and 10%

          According to that "Agents Compare" website…
          You're wrong!

          "A property management fee of 1 – 4 weeks rent to start with, and 5 – 10% from then on is to be expected in Queensland."

          Conveniently leaving out… that 1 – 4 weeks rent fee @$1000/wk in my Brisbane street - is a high additional fee😜

          Importantly, that's not the fee for BRISBANE!! As you claim!

          Qld is a bloody big place. This Deal's fee is only for some suburbs in Brisbane!!

          A management fee in a tiny remote town thousands of Km from Brisbane may be a lot lower. Other sites state it's up to 12% up North.
          But that's all irrelevant, like your misquoted claim!

          I've got actual quotes for my area of Brisbane, all higher than this fixed 7%!
          Fees are often not fixed, but vary depending on a range factors.

          As you say….
          "You can always find websites with non-verified claims to back up whatever spurious argument you’re trying to make."

          Or you just don't read or understand what you are posting! Lol!

          You can't be believed or trusted as you back up your argument with very selected & misleading quotes & irrelevant information😜

          Maybe read your own advice!
          Realise you don't know… Brisbane fees from Melbourne!

  • Just read $1000 Visa T&C:
    The property must be currently tenanted and the client must be switching from an existing property management company.

    Am considering renting - so ineligible.

    • Just contacted by OP - may consider waiving that condition.

      • +1

        Thanks Bruce

        • Shh!🤣

  • Entity name: CAPEX ONE PTY LTD
    ABN status: Active from 02 May 2024 seems to be a new business. I think ill give them a try as long as i got the choice to do my own maintenance. I just hope i don't regret it.

    • IF you are involved/pro-active enough, it can't go too bad.

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