Dear All,
I may have stumbled over a bit of a tricky issue. I have an inner-city unit in QLD that I rent out to short term (primarily corporate) tenants. It is managed by the on-site manager who has done a good job of marketing the property to adjoining offices/businesses and the returns are fairly decent and it allows flexibility for owner's use of the apartment when required.
The unit has a basement carpark, but I would imagine most of the occupants are flying in from interstate and do not have a car. I am starting to suspect that the property manager may be renting out the carpark seperately to long term tenants of the building as the short term tenants don't need carparks. I am not against that in principal, but if they are earning income from doing that then I feel it it should be remitted to the owner (less mgmt fees).
Does anyone have a view on the legality of this? Are there any clearly stated rules I can find on the net? A quick google hasn't helped. I do not have any black & white evidence of this but I have a few ideas on how I could get some if needed. To be honest I would prefer not to drag the manager of the coals as they generally do a good job, but things like this should not happen.
Thanks for your help!
Dan
I may have stumbled over a bit of a tricky issue. I have an inner-city unit in QLD that I rent out to short term (primarily corporate) tenants. It is managed by the on-site manager who has done a good job of marketing the property to adjoining offices/businesses and the returns are fairly decent and it allows flexibility for owner's use of the apartment when required.
The unit has a basement carpark, but I would imagine most of the occupants are flying in from interstate and do not have a car. I am starting to suspect that the property manager may be renting out the carpark seperately to long term tenants of the building as the short term tenants don't need carparks. I am not against that in principal, but if they are earning income from doing that then I feel it it should be remitted to the owner (less mgmt fees).
Does anyone have a view on the legality of this? Are there any clearly stated rules I can find on the net? A quick google hasn't helped. I do not have any black & white evidence of this but I have a few ideas on how I could get some if needed. To be honest I would prefer not to drag the manager of the coals as they generally do a good job, but things like this should not happen.
Thanks for your help!
Dan