Case study: Break lease covered by tenant.

The tenant of this property made the decision to terminate their lease prior to the lease end date.  We were able to secure a new tenant off-market,  signing on a 12-month lease at the same rent per week.  This was a positive outcome for our landlord with no loss of rental income as the break lease fee covered the vacant period, and as we were able to secure a tenant off-market there were no marketing fees incurred.

 

$650 p/w