Front Cover: 2A John Street, Pakenham
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FIRST NATIONAL REAL ESTATE NEILSON PARTNERS SHONE AGAIN AT THE INDUSTRIES GENERAL EXCELLENCE & MARKETING AWARDS
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FEATURED SALE
126 Bourkes Creek Road, Pakenham Upper
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WHAT IS AN OWNERS CORPORATION
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LEASED IN MARCH
Leasing Statistics For March 2024
First National Real Estate Neilson Partners was recognised for outstanding achievement at the national network’s General Excellence and Marketing Awards, held at the Grand Hyatt Melbourne.
The awards recognise the achievements of First National’s Victorian and Tasmanian agents throughout 2023, with winners now competing for the network’s National Awards, which will be announced at the network’s annual convention in Kuala Lumpur, Malaysia this May.
First National Neilson Partners Director Allison Holzer said ‘’it was so great to hear our names called so many times on Saturday night! Between the sales and rental departments, many individuals and offices were recognized for their effort and hard work, and this is outstanding.
I would also like to draw attention to our receptionists, account managers, administration support, marketing and maintenance teams who are our backbone and we would not be able to achieve what we do without your input, skillset, and hard work.’’
Allison went on to say that ‘’the fact that all of our offices were recognized as Magnificent 7 or Elite is a testament to everyone’s effort and contribution, including our unsung heroes. Thank you all for another stellar year.”
First National Real Estate Neilson Partners Narre Warren received the Magnificent 7 Investor Relations Management Office and both Berwick and Pakenham property management departments received The Elite Investor Relations Office award.
First National Neilson Partners Berwick and Pakenham lifestyle sales departments came out on top with Number 1 in Victoria for Lifestyle Sales and Nyall Greene was amazing winning Number 1 in Victoria for Lifestyle Sales.
Additional outstanding achievements were Flynn McKenna who was awarded the New Investment Relations Manager of the year, Lily Thompson as Number 3 Business Development Manager in Victoria and last though not least, Shannon Hynd who came out on top with the award for Number 1 Commercial Property Manager in Victoria!
As an organization First National Neilson Partners could not be prouder of our team and their outstanding work. Congratulations everyone. We cannot wait to see what 2024 brings.
The following individual awards were recognized:
Peter Watson Diamond Award Lifestyle Sales
Shannon Hynd Diamond Award Commercial Settled Sales & Gross Leasing/Sales
Tara Walters Platinum Award Residential Sales
Nyall Greene Platinum Award Lifestyle Sales
Sachin Arora Gold Award Residential Sales
Matt Clark Gold Award Residential Sales
Kim Rosser Gold Award Residential Property Management Revenue
Karen Neil Gold Award Residential Property Management Revenue
Rebecca Lawson Gold Award Residential Property Management Revenue
Alesia Kasey Gold Award Residential Property Management Revenue
Barbra Darvell Gold Award Residential Property Management Revenue
Brittany Cox Gold Award Residential Property Management Revenue
Jess Ostrom Silver Award Residential Sales
Maddy Johnson Silver Award Residential Sales
Ben Duke Silver Award Residential Sales
Graeme Curtis Silver Award Residential Sales
Shannon Hynd Silver Award Commercial Property Management
Amy McMillan Silver Award Residential Property Management
Narelle Dixon Silver Award Residential Property Management
The journey of 126 Bourkes Creek Road, Pakenham Upper has come to a thrilling conclusion.
This remarkable property, on 6 acres of land, entered the Pakenham Upper property market with a price range of $995,000 - $1,094,000, reflecting its potential despite needing some TLC.
From the outset, the response was overwhelming. Within the first few days of hitting the market, the property garnered a staggering 69 enquiries. As the days progressed, interest continued to surge, with over 99 inspections conducted in just 13 days.
The property’s charm and unique offerings did not go unnoticed. With 4 paddocks, spring-fed dam, stables, arena, and round yard, it captured the imagination of prospective buyers.
Inside, the semi-renovated living spaces included a beautiful kitchen, living area, and decking with expansive views plus separate one-bedroom selfcontained unit.
As the campaign unfolded, excitement peaked with 7 offers presented to the owner. Ultimately, the owner selected their most favourable offer, at an impressive $1,200,000.
The success of 126 Bourkes Creek Road serves as a reminder of the appeal of lifestyle properties. Pakenham Upper has always been attractive to buyers looking for space and serenity, especially equine enthusiasts.
In the current lifestyle market, the sale of this home highlights the importance of strategic marketing and skilled negotiation in achieving exceptional outcomes.
An Owners Corporation (formerly known as a Body Corporate) manages the common property of a residential, commercial, retail, industrial or mixeduse property development. Common property is whatever it is stated to be on the plan of subdivision and may include gardens, passages, walls, stairwells, pathways, driveways, lifts, foyers, and fences.
The Owners Corporations Act 2006 states that the owner’s corporation must, among other things:
• Manage and administer the common property
• Repair and maintain the common property, fixtures and services
• Takeout and maintain required insurance
• Raise fees from the lot owners to meet financial obligations
• Prepare financial statements and keep financial records
• Provide owners corporations certificates when requested
• Keep an owner’s corporation register
• Establish a grievance procedure
In a residential setting, if you own a flat, apartment, unit, or townhouse, you are likely to be a member of an owner’s corporation. Active Body Corporates became Owners Corporations on 31 December 2007, when the Owners Corporations Act 2006 came into force. This law sets out the duties and powers of owner’s corporations.
An owner’s corporation is automatically created when a plan of subdivision containing common property is registered at Land Use Victoria. Land Use Victoria registers and records owner’s corporation applications received either with a plan of subdivision or lodged following registration of the plan of subdivision. If you own property affected by an owner’s corporation then you become a member of that owner’s corporation automatically. As a member, you have legal and financial responsibilities to the owner’s corporation.
For more information regarding Owners Corporations, please visit the Consumer Affairs Victoria website - https://www.consumer.vic.gov.au
LEASED IN MARCH
PAKENHAM
5 ALBATROSS DR $640PW
4 / 2 / 2
NARRE WARREN
14 MALDON COURT $450PW
2 / 1 / 1
0.57%
BERWICK
17 THE GATEWAY $590PW
OFFICER SOUTH
92 CENTENARY BLVD $515PW
35,649
595
from our family to yours...
