About
Prime location and the newest asset on the block mean nothing without qualified property management. Aurora Property Group (APG) has considerable experience and expertise in developing, investing and managing commercial property throughout New Zealand. We are building specialists first and foremost, working in partnership with you to achieve your ownership goals.
We work hard to ensure the prime, high-performing assets under our management generate premium returns over time.
Commercial property management is both art and science in maximising the value of your property through careful stewardship of its physical space, tenant relationships and reputation in the market place.
We pride ourselves on providing professional knowledge and advice on all things property.
Our Services
We ensure each property is treated in isolation and receives a targeted management plan and strategy which focuses on the unique ways to maximise returns specific to the asset, as well as individual needs of the shareholders / investors.
As a boutique private operator we are able to deliver a very cost effective structure meaning our clients can enjoy a premium service for competitive fees.
Property Management Services
→ Lease negotiation and lease management – including rental reviews, renewals, extensions etc
→ Lease advice – including assignment, sublease, termination etc
→ Tenant Management – including collection of rental payments, arrears, levies, Opex budgets and reconciliations, debt recovery etc
→ Re-Leased software - a cloud based commercial property portfolio management system. Accounts, lease management, inspections and maintenance, compliance management, tenant communication, document storage and reporting all on the cloud for greater landlord access, automation and experience. Also integrates with Xero for improved financial management and less duplication.
→ Building Management – including BWOF, regular inspections, insurance cover, health & safety
→ Market research – including providing rental advice, arranging valuations etc
→ Finance – RWT, GST, shareholder payments
→ Maintenance & repairs
→ Monitoring and refining operating expenses
→ Development Management
→ Design Management
Consulting Services
We design, direct and orchestrate the process of development from beginning to completion. Offering a full turn-key solution from land acquisition, design and approvals, construction, and strategic advice in relation to any phase of development and investment.
Sample of Properties Under Management
Mandeville Village
Mandeville Village is a premium boutique retail village in a fast growing affluent residential area of North Canterbury.
The village is a modern well-built, architecturally designed facility with a rural character influence.
Tenants include Supervalue supermarket, NPD service station, early childhood centre, various takeaway outlets, beauty salon and a Heineken café, bar & restaurant.
152 Devonport Road
The property occupies a prominent corner site of Tauranga approximately 1,002m2 improved with a modern four-level commercial office building with two levels of basement car parking. This building presents to a high standard with a 4-star green rating as well as benefiting from a high-profile location with an attractive outlook over the Tauranga Central Business District combined with stunning sea views. Tenants include Sharp Tudhope Lawyers, PowerCo, IAG Insurance and Ignite Architects.
150 George Street
This property comprises the large format Farmers Department Store located in the heart of George Street, Dunedin providing two levels of retail shopping with associated load in and storage space, smaller third level of administrative office accommodation and open carpark on the Great King Street frontage.
Wilsons carparks and Otago Regional Council also lease the adjacent car park area.
8 Stark Drive
The principle improvement to the property is a modern warehouse office facility which has been developed primarily for food preparation and distribution. The interior has been constructed by way of Kingspan insulated panels to the food preparation packaging area, freezer area, blast freezer and docking areas. There is a two level office facility to the front of the property which includes a retail outlet to the ground floor providing bakery and café facility and workers café. The upper level includes office fit out to a high specification. The property is leased to Original Foods Limited.