Commercial property management

You own it. We run it.

One firm holding the whole file: every rent review on its date, outgoings reconciled to the dollar, renewals worked before they lapse. Commercial management is all we do, across industrial, retail, childcare, strata and service stations throughout Sydney.

Sydney commercial office building under active Blox Commercial management

The standing brief

Your asset manager reads the lease, then acts before you need to ask.

01 / Operating rhythm What we run every month

Management is a rhythm, not a phone number.

Good management is a set of workstreams that fall due on their own dates. Here is the standing ledger we run on your asset, and the obligation each line answers to.

Cadence Workstream Answers to
Monthly

Rent and arrears

Rent and outgoings invoiced, collected and disbursed on the cycle. Arrears chased the day they age, with the bank guarantee held in reserve and the tenant ledger kept current so a small slip never becomes a default.

The lease Rent clause, payment dates, default and guarantee terms.
On the date

Rent reviews

Every review read off the lease and calendared months ahead. Fixed and CPI reviews calculated and invoiced on the date; market reviews run with the correct notice and a valuation path. A missed fixed or CPI increase cannot be back-claimed.

The lease Review method per year, notice periods, valuation mechanism.
Each FY

Outgoings reconciliation

Council and water rates, land tax, insurance and statutory charges budgeted, invoiced, then reconciled against the actual invoices every financial year. Retail tenants get the section 28 estimate before the year and the reconciliation statement after it.

RLA 1994 s.28 Written estimate, annual reconciliation, recoverable items.
Ahead of expiry

Lease renewals and options

Option dates and expiries flagged well before they fall. We put the renewal or new lease in front of you in time to decide, so a vacancy is a choice, not an accident, and the leasing handover is seamless if you re-let.

The lease Option windows, exercise notice, holdover terms.
Ongoing

Repairs and compliance

Repairs facilitated, planned maintenance scheduled, and essential services and fire safety kept compliant with annual certification. Routine inspections logged, defects actioned, and make good held against a dated condition record from day one.

EP&A / AFSS Essential services, annual fire safety statement, duty of care.
Annual

Insurance

Building and public liability cover tracked for currency and adequacy, renewals diarised, and certificates of currency held on file. Where the lease passes insurance to the tenant on a net basis, the premium is recovered through the outgoings reconciliation.

The lease Insurance clause, sums insured, recovery basis.
Monthly

Reporting and owner dashboard

A monthly owner statement showing every dollar in and every dollar out: rent received, outgoings recovered, creditor payments and net disbursement. Income and expenditure reports at year end, with no contractor markups buried inside them.

You Full transparency, audit trail, year-end position.
Seven workstreams. One firm. No part of the file is left for you to chase. See how the 5% fee covers it →

02 / Performance What good management protects

A managed asset is an income, not a hope.

The gap between a well-run asset and a neglected one rarely shows up in a single month. It compounds quietly across a term. Good management protects four things that quietly leak when nobody is reading the file.

The rent line

Fixed and CPI increases actioned on date, market reviews pushed at every lease event. An unactioned increase is income lost for the rest of the term.

The outgoings recovery

Recoverable charges reconciled each year so the owner subsidises nothing. Missed reconciliations turn a net lease into a cost the owner wears.

The security held

Bank guarantees monitored for expiry and replaced before they lapse, so the security is live the moment a tenant defaults or walks from make good.

The asset itself

Planned maintenance, compliant essential services and an enforceable make good record, so the building holds its value and its condition is never a dispute.

Commercial lease documents and a reconciliation statement on a Sydney asset manager's desk
A lease is a live document. It rewards the manager who keeps reading it.
Blox Commercial / commercial management only
A Sydney commercial property owner reviewing a monthly management statement with Blox Commercial

03 / Handover Switching to Blox

If you switch, the handover is three steps.

A clean handover we run end to end, so your income and your tenants never feel the change.

Same day

Sign

One page from you. We send the termination notice to your current manager, worded properly, cc'd to your accountant if you want it on record.

Week one

Transfer

The file lands. We read it again. Any further findings flagged to you in writing before we onboard the asset and set the review calendar.

Week two

Collect

One email to your tenants. New BSB, new contact, same Friday rent run. The next cycle lands in your account and management is live.

04 / Pricing What it costs you

A 5% fee your tenant pays.

We charge a 5% management fee. On a net lease that fee is a recoverable outgoing, so the tenant pays it, not you. It is reconciled with the rest of the outgoings each financial year, in plain sight on your statement.

  • No contractor markups
  • No disbursement margins
  • No hidden charges buried in monthly statements

See the full breakdown on our commercial property management fees page, ask about commercial leasing for a vacancy, or contact our Sydney firm for a quote.

Get a quote

05 / Answers What landlords ask

Questions a commercial landlord asks.

Commercial management runs three things at once: the asset, the lease and the money. On the asset, that is repairs, planned maintenance, essential services, fire safety and insurance. On the lease, it is rent reviews on their dates, arrears control, renewals and options, and bank guarantee monitoring. On the money, it is rent and outgoings collection, net-lease reconciliation, creditor payments and a monthly owner statement that shows every dollar in and every dollar out.

Blox charges a 5% management fee. On a net lease the management fee is a recoverable outgoing, so the tenant pays it rather than the owner. There are no contractor markups, no disbursement margins and no hidden charges buried in monthly statements. The full breakdown is on the commercial property management fees page.

Every review date in your lease is read off the document and calendared months ahead. Fixed and CPI reviews are calculated and invoiced on the review date. Market reviews are run with the correct notice periods and a valuation path. A missed fixed or CPI increase is income that cannot be back-claimed, so the review calendar is the core of how we protect your rent.

On a net lease the tenant pays outgoings: council and water rates, land tax, insurance, and statutory charges. We budget those charges, invoice them, then reconcile against the actual invoices each financial year so the estimate is trued up. Under section 28 of the Retail Leases Act 1994 a retail tenant must be given a written outgoings estimate before the year and a reconciliation statement after it. Done properly, the owner subsidises nothing.

The handover is three steps run end to end. You sign the same day and we send the termination notice to your current manager. In week one the file transfers and we read it again, flagging anything we find in writing. In week two one email goes to your tenants with the new account and contact, and the next Friday rent run lands in your account. Your income and your tenants do not feel the change.

Yes. We manage industrial and warehouse, retail and shopfront, childcare, strata-titled commercial and service station assets across Sydney. Commercial property management is all we do, so the same review calendar, outgoings reconciliation and reporting discipline applies to every asset class.

Let's talk

Let's discuss your asset.

One conversation is usually all it takes to understand the opportunity, and what a tighter file would be worth to you.

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