This subject is available within certain ICMS undergraduate degrees. Please click the button below to find an undergraduate course for you.
Course level of study pre-requisite: a total of 12 credit points including ACC101A, MKT101A, STA101A and MGT101A from level 100 core subjects (approximately 80% completion of level 100 core subjects) prior enrolling into level 200 core and specialisation subjects.
3 credit points
This subject enables students to be commercially astute property professionals with the necessary critical and analytical skills to manage income-producing properties, including residential, commercial and industrial properties.
Students will develop management capabilities to help maximise the economic viability and sustainability of the income-producing property whilst meeting all statutory obligations.
Students will also develop the knowledge and skills required as property managers to effectively, ethically and sustainably manage residential and more complex income producing properties to ensure that the objectives of the property owners are met while abiding by the relevant legislative requirements.
a) Analyse the effects of legal, physical and planning parameters that govern the management of income producing property assets.
b) Apply the principles of property asset management to property categories including residential, commercial and retail.
c) Implement procedures and processes for negotiating and establishing leases, including options and rent reviews.
d) Demonstrate an understanding of a range of contemporary issues impacting on market demand and use, ownership and investment returns as these apply to various sectors of commercial investment properties.
e) Report on properties’ financial performance.