Creating Value Through Lasting Partnerships and Superior Service
VENTURE PNG PROPERTIES provides a quality of service that is unique to the industry and provides a distinct competitive advantage. The company’s extensive local presence and knowledge of commercial properties results in a better understanding of tenants’ requirements and enables the company to respond quickly to their changing needs.
VENTURE PNG PROPERTIES is a locally-owned company that proactively manages all properties and tenants with in-house management teams. The VENTURE PNG PROPERTIES property management team has achieved one of the highest tenant retention rates in the industry by providing superior service. This remarkable consistency minimizes downtime, reduces capital expenses on re-leasing, and maximizes return on invested capital.
Property Management Mission Statement
VENTURE PNG PROPERTIES manages your Real Estate Properties 24-7!
Our Mission: Maximizing Client income by applying exceptional Real Estate Property Management skills, while ensuring Tenant satisfaction by adopting first rate property maintenance.
All Real Estate Investors have 4 major concerns:
1. Maximizing Earnings while Minimizing Expenses
2. Timely and Proper Rental Collections and Payables Disbursement
3. Up to Date Reporting and Complete Accountability
4. Regular, Fast and Complete Real Estate Maintenance
Take the headaches of property management away by hiring us- the experts, then sit back and enjoy your well-deserved profits!
Our streamlined operations system eliminates unnecessary costs and wastage. We have a stringent selection process for all suppliers and service providers in place. We will also ensure that all the materials purchased and labour carried out on your properties is of the highest possible standard.
We have an efficient and accurate Collections and Disbursement system, which takes care of the revenue flow of the property; all entries are also checked by our Financial Controller monthly. We have also engaged the services of an external auditor that inspects our books half yearly.
Everything is documented intimately in user friendly forms and documents that are open for inspection by property owners and their representatives.
We employ professional maintenance people to care for all properties under our management. Our dedicated staffs are knowledgeable on all aspects of real estate property maintenance and supervision. We have contingency plans for all risks and disaster related incidents in place.
We safeguard your investment by keeping your property attractive through painstakingly detailed maintenance, attention to the Cost to Benefit Ratio and practicing regular inspections in order to prevent rather than fix problems.
We will be honoured to manage your real estate properties for you.
Although VENTURE PNG PROPERTIES is a new company, our property management team currently consists of highly experienced staffs in both the property management and property maintenance fields with staffs having over 12 years of hands on experience. This valuable experience ensures that all the properties we manage are maintained at the highest possible standard. With VENTURE PNG PROPERTIES as your property manager we are happy to offer you the following services.
- Fast and efficient service callout response. A concern inspection is done in less than 24 hours upon receipt of complain and resolve the issue as quickly as possible.
- Detailed property maintenance to a high standard of workmanship within the schedule time given.
- Conduct old and new renovation works using selected licenced contractors that are supervised by VENTURE PNG PROPERTIES
- Arrange routine preventative maintenance for generators, air-conditioning units and other machinery. This will include monthly reports on work that was carried out during each inspection.
- Organize and manage all major hourly or monthly servicing (whichever comes first) for generators, air-conditioning units and other machinery.
- Implement and arrange half yearly pest control inspections and treatments.
- Manage all your properties fire safety inspections to ensure you meet all your insurance requirements. This will also ensure you are paying the lowest insurance premium rate possible. More importantly if any disaster should happen then you will be certified and covered.
- Organize and manage annual electrical inspections of your properties to prevent any fire risks.
- Arrange any old or new signage works required at your properties.
- Organize and maintain all your property landscaping needs.
- For properties out of Lae and Goroka, four (4) property inspections per year will be carried out to identify all maintenance work that needs to be addressed. Arrangements for all work will be made and carried out within budget and on time. Please refer to the attached inspection checklist to understand what is carried out during the property visits.
- Properties that are located in Lae and Goroka will be routinely inspected on a weekly basis. At both these cities we have property managers and property offiers who focus all their time and energy on ensuring your properties are always well presented and maintained.
- Recommendations for reliable security guard services at a good rate that will include interviews and reference checks.
- Organize and supply the correct cleaning chemicals and educate/train your staff on how and where they are to be used.
Note: Any and all maintenance or renovation work that is carried out will only be done so when 3 quotes from selected licenced contractors are obtained and an analysis report is submitted to the client for approval to proceed.
VENTURE PNG PROPERTIES would like to offer their property management services to at a rate of 5%-10% of the monthly rent collected from the property tenants depending on the size of the portfolio.
Because VENTURE PNG PROPERTIES is an established property management and development company, we find that we are able to source and achieve the best rates for materials, labour and all other contractors and services within our industry. This would ensure that our clients will always be getting the best possible value for money, which in turn would result in significant cost savings.
Furthermore if you were to engage the services of VENTURE PNG PROPERTIES for all your property management needs, this would no doubt free up the time that the client’s employees spend on constant repairs, maintenance, servicing and other headaches that come with property management. We also believe that with our skills and knowledge in property management, we can further increase the overall value of your properties at a faster rate than our competitors, which is really all any property owner can hope for.
With VENTURE PNG PROPERTIES as your property manager, you will immediately experience a positive impact on your business. We will take away the worries of having to constantly maintain your property, with our focus being on all round quality while ensuring we are getting the best value for money. We will eliminate the headaches that come from being a landlord and maximise the revenue potential of your property.