One flat fee. No surprises.
7.5% + GST of rent.
Locally owned property management for Gisborne investors. We take care of the day-to-day with care and precision, so you can enjoy the rewards of ownership without the workload.
7.5% + GST of rent. One easy fee.
At Square One, exceptional property management starts with being proactive, responsive, and three steps ahead of every detail. From appraisal and tenant placement through to inspections, maintenance, and financial reporting, we handle every part of owning a rental property — protecting your asset, building long-term value, and giving you back your time.
These are on-charged to your account at cost.
“We’ve been with Square One Property Management for 4 months now and have been really impressed with their communication and management of our rental.”— Steve & Shona Baty
“We moved over after a bad experience with another property manager in town. These guys have been a life saver. So much easier to deal with. Cheers.”— Aaron McKay
“Dave and I would like to thank you for assisting us with our investment property in Gisborne. As we are older now it is important that we are able to fully trust someone else to act on our behalf. Warm regards.”— Margaret & Dave
Square One charges 7.5% + GST of rent collected, all-inclusive. No tenant placement fees, no fixed-term contracts, no cancellation fees. Most Gisborne property managers charge between 8–10% plus separate letting fees, inspection fees, and renewal fees on top.
No. Tenant placement (sometimes called letting fees) is included in the 7.5% management fee. That covers rental appraisal, professional photography, listing on Trade Me and other channels, viewings, applicant screening, reference and credit checks, tenancy agreement, and bond lodgement. The only costs on-charged at cost are the Trade Me ad itself and any compliance reports (insurance, Healthy Homes, methamphetamine testing if required).
Every applicant goes through credit checks, employment verification, previous landlord references, and a Tenancy Tribunal history check. You'll receive a summary of shortlisted applicants and have final approval on who moves in. It's your property — you choose the tenant.
Rent is paid into your nominated bank account on a regular basis, with the management fee already deducted. You'll receive a monthly statement and a full end-of-year financial summary for your accountant. All funds are held in a dedicated trust account.
Routine inspections are carried out four times per year — once per quarter — with a written report and photos sent to you after each one. We also do incoming and outgoing inspections at the start and end of every tenancy. For maintenance, you set a spending threshold (typically $300–$500) below which we authorise repairs directly to keep things moving. Anything above your threshold gets a quote sent to you for approval first. All repair costs are on-charged at cost — no mark-up.
All we need is your written consent to act on your behalf. From there, we contact your current property manager, cancel your existing management agreement, and handle the full handover: transferring the tenancy file, notifying the tenant, transferring the bond at Tenancy Services, and taking over rent collection. There's no gap in service and no extra cost. Most switches complete within 30 days.
If you're not happy with our service in the first 13 weeks, we refund every management fee you've paid. No questions, no conditions, no fine print. You only pay for third-party costs that have already been incurred (like the Trade Me listing or any compliance reports). The guarantee applies once per owner per property.
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