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Lettings

Client – Marathon Asset Management LP
Our role – Property Management & Lettings

Description –. 91 apartments & 3 Coms – Richmond Gardens Fairview

  • Distressed Asset Remediation, OMRV Rent stabilisation – 13-month timetable
  • Strategy Plan for operational compliance & to achieve OMRV
  • Refurbishments – CBA Analysis & Capex €128K – Tenants in situ
  • Latent defeats – fire stopping works – Project Managed
  • Planning and conversion of 3 commercial units to 6 apartments
  • Lettings – Passing Rent €1.18m Reviewed to OMRV
  • OMC Estate Management Audit– Budget €128K
  • Year 1 target rent achieved € 1.34m – 12% increase
  • Annualised Rent Roll €1.8m

Date of engagement 2015

Lettings

Case Study

We specialise in the letting and management of single units, apartment blocks and large-scale portfolios, with an expert knowledge base built up over 30 years.

Our comprehensive letting service includes:

  • Initial rent appraisal – EVR analysis
  • Compliance advice on preparing the property for market
  • Securing BER (Building Energy Rating) Certificate
  • Photography & Marketing
  • Access to our data base of professional tenants
  • Accompanied viewings 7 days a week
  • Tenant background and verification
  • Collection of deposit & first month’s rent
  • Tenancy agreement including any special conditions
  • Preparation of inventory
  • Standing order
  • Transfer of utilities
  • Coordination of RTB registration
  • 24/7 Tenant Support
  • Income & Expenditure Reporting & Cash Transfer

Our clients include: Irish & International, Public & Private Investors, Commercial & Residential Landlords, Multi and Single Unit Owners.

Silverstone House
Ballymoss Road
Sandyford
Dublin 18
D18 A7K7
Ireland

Tel +353 1 660 3822
Email enquiries@odrem.ie

PSRA 001885