Commercial and industrial

Commercial property management. Managed properly.

Commercial property management in Hamilton, the Waikato and West Auckland, for owners of workshop units, warehouses, shops and offices. One fee: 7% of the rent we collect, plus GST, with no minimum fee.

Free, with no obligation. Tell us about the property and we will come back with the fee in dollars.

An industrial estate in Rosedale, Auckland, seen from abovePhoto: Koon Chakhatrakan, Unsplash

Our fee

7%

Of the rent we collect, plus GST. Nothing hidden in the small print.

Minimum fee

None

Many commercial managers charge small properties at least $10,000 to $12,000 a year.

On $40,000 a year of rent

$2,800

Our yearly fee plus GST, or $3,220 including GST.

The minimum fee figure is from Commercial Property Professional, The cost of property management in New Zealand, checked 25 October 2026.

Who it is for

Built for owners of one to three properties.

Big commercial managers are set up for big buildings. Their minimum fees make a single unit expensive to hand over. We charge the same 7% whether you own one unit or ten.

  • A workshop unit or small warehouse
  • A block of units with a few tenants
  • A single shop or office
  • A mixed use building, with shops below and offices or flats above
  • Owners living overseas or in another city
What we do

Everything in one fee.

The day to day work of owning a commercial property, done on time and shown to you every month.

  • Rent and outgoingsInvoiced to every tenant each month and collected into a separate client account, never our business account
  • Late paymentsFollowed up the day a payment is missed, using the steps the lease allows. You hear at every step
  • The outgoings budgetA budget each year, and the real costs reconciled with every tenant, so nothing recoverable is left unclaimed
  • Rent reviews and lease datesReviews, renewals, rights of renewal and expiries tracked and acted on in time
  • Repairs and maintenanceArranged with trusted trades at cost, with no markup
  • Building warrant of fitnessWhere the building needs one: inspections booked and the warrant renewed every 12 months
  • Insurance datesRenewals tracked, and the details gathered when the insurer needs them
  • A statement you can readEvery month: rent in, outgoings paid, our fee, and anything coming up

Finding a new tenant

In New Zealand, marketing a commercial lease is licensed real estate work, according to the Real Estate Authority. So when a unit comes empty, a licensed agent finds the tenant, and we handle everything around it: the brief, access for viewings, the lease paperwork with your lawyer, and the handover. The agent's leasing fee is usually one to two months' gross rent, from AssetPro.

Larger building works, such as a new roof or a fit out, are quoted before anything starts. The building warrant of fitness rules are from building.govt.nz, Managing your BWoF.

Questions

What commercial owners ask.

Latus Property charges 7% of the rent we collect, plus GST, with no minimum fee. On a property renting for $40,000 a year that is $2,800 plus GST, or $3,220 including GST. Many commercial managers charge small properties a minimum of about $10,000 to $12,000 a year, whatever the rent. See commercial property management fees.

Under most New Zealand commercial leases the management fee is one of the outgoings, so the tenant pays it back to the owner. Check your own lease: it lists exactly which costs count. See outgoings explained.

A licensed real estate agent does, because marketing a commercial lease is licensed work in New Zealand. We handle everything around it, from the brief to the handover, and keep managing the property once the lease is signed.

Across Hamilton and the Waikato, and across West Auckland, including Henderson, Te Atatū, Glendene, New Lynn, Massey, Hobsonville and Whenuapai. See West Auckland and industrial property in Hamilton.

Workshop units, warehouses, shops, offices and mixed use buildings, from a single unit to a small block with several tenants.

Yes. Give your current manager notice under your agreement with them, and we take over the leases, the outgoings records, the tenant contacts and the next rent review. Your tenants stay.

Own a commercial property?

Tell us about it. We will come back with what we would do, and the fee in dollars.

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