Phone:
+61 2 9460 0551
Fax:
+61 2 9929 2312
Email:
reception@towerlondon.com
Address:
138 Walker Street,
North Sydney NSW 2060
All advertising expenses are payable as per agreement.
This section relates to leasing properties not managed or not likely to be managed by Tower & London
| Lease term | Fee |
| 6months | A fee equivalent to three weeks' rent |
| More than six months | A fee equivalent to four weeks' rent |
| Option periods | A fee equivalent to 1/2 week’s rent |
A fee of $15 is payable for the preparation of a Residential Lease, further $15 are charged to the tenant.
A fee of $50 per hour applies when Inventory or Condition reports as required.
| Lease term | Fee |
| Three years and under | 10% of the average gross annual rent |
| Over three years | 12% of the average gross annual rent |
Our fee for the sale of residential property equates to 2.5% plus GST of the contract price, excluding marketing and auctioneer's costs.
Fees for commercial, retail and industrially zoned properties are at 3% of the contract price plus GST, excluding marketing and auctioneers' costs.
All advertising expenses are payable as per agreement.
A fee of 1% plus GST is applicable for successfully acquiring property, this fee includes a valuation report and investment feasibility.
For the administration and management of property refurbishment costing in excess of $1,000, our fee is 15% of the total cost.
| Property value | Fee for units | Fee for houses |
| up to $500,000 | $350 | $500 |
| >$500,000 up to $1,000,000 | $500 | $750 |
| >$1,000,000 up to $2,000,000 | $750 | $1000 |
| Over $2,000,000 | $1000 | $1500 |
All the above fees and expenses are subject to negotiation & 10% GST
