Furnished Properties

Your property at work for you

Furnished Properties Pty Ltd is a Sydney based accommodation provider for the corporate market for both long and short term bookings. Furnished Properties primary objective is to grow their property portfolio across Sydney and to build a relationship with property owners and clients that puts them above the rest.

There are many advantages of renting your property fully furnished. From a taxation point of view you are able to depreciate most of the furniture and fixtures and fittings in the property, in fact, almost everything that is used by the client in the apartment. (Please note that this statement does not and is not intended to constitute taxation advice. For tax advices please contact a professional tax adviser.) Ultimately the most important factor in choosing furnished rental is that your property is likely to yield a higher rate of return. Please refer to the rental comparison chart to see the difference.

One of the most common misconceptions for furnished rental is that your property will sit vacant for a long period of time. The properties we manage are generally occupied for more than 90% of the year.

You may already have a property that is suitable for FurnishedProperties.com.au to manage. As our client, we can offer advice on what you need to do and help you through the process and hopefully start maximising your investment. We can evaluate the requirements through a step by step process, or alternatively we can do all the work for you including organising all of the furniture, electrical’s etc, and prepare the property for the fully furnished rental market. Give us a call, whether you have a property or would like to buy one of our preexisting properties. We look forward to helping you in growing your investment.

1 & 2 bedroom apartments turnover for the last financial year paid to owners after commissions and expenses:

1 Bed Harwood St Pyrmont $38,568.52. per/year, $741.70 per/week
1 Bed Miller St Pyrmont $34,886.64 per/year, $670.89 per/week.
1 Bed Market St Sydney $44553.70 per/year $856.80 per/week.
2 Bed Market St Sydney $44,252.75 per/year $851.01 per/week.
2 Bed Market St Sydney $47,323.55 per/year $910.06 per/week.

Your property at work for you

Furnished Properties has been offering its own accommodation to the corporate market for the past 13 years, and now it is offering external landlords the opportunity to rent their properties to a client base consisting of blue chip corporate companies, relocation agencies and individuals relocating to Sydney. This investment opportunity provides investors with the potential to maximise their property rental returns through renting out their properties fully furnished.

Many companies prefer this type of accommodation as they do not wish to place their staff into hotels where they cannot cook or clean. In addition, staying in a hotel for an extended period of time can be rather unsettling, while staying in a furnished property is like being in a hotel but having full facilities for the guest, making this solution especially attractive for corporate travelling guests.

Rental comparison chart: standard rental or furnished rental

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21 Dec, 2018

Worst host experience

Apartment was fine but worst host and check in experience ever due to non-responsiveness and rude host. There was a delay in my flight which resulted in a next day arrival instead. I have sent multiple emails the day before my flight, to inform about the delay and confirm the location for key collection which is a taxi ride away from the apartment. I only got a reply 2 hours after I touched down in Sydney airport and I was already on my way to the initial communicated location. There was a change in collection location but their email communications were very late and unclear. As I was unaware of the change in location, I called their hotline for help on key collection since I did not have an umbrella, already drenched, ushering 2 elderly and travelling with luggages for 4 people. It was also our first day and first time in Sydney so we are unfamiliar with the roads. The host passed me the key and very sarcastically commented “Thank you for making me come all the way from my office, missing all the calls, getting drenched just to pass you these keys. Thank you very much. I hope you have a pleasant stay.” I did go to the wrong collection location but it was due to non-responsiveness and delays in communicating the collection location. Upon feedback to Furnished Properties on this incident, they did not agree that this is bad customer service despite the sarcastic remark to their clients. It seems like this is the norm for them but I hope other travellers will not have to go through this. Unresponsiveness, unhelpful and sarcastic host has made the check-in extra painful and dampened our spirits on the first day of our arrival. I will not recommend Furnished Properties to other travellers.

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2 Jul, 2018

Enjoy staying at Sydney with this company

The apartment is well-equipped and clean. Cleaners will come regularly. The house manage, i.e. Bruno, is a very nice gay and helped me a lot.

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16 Aug, 2017

Worst customer service experience of my life

I don't really know where to start with these guys, but they are honestly one of the worst companies I have dealt with in my entire life. First issue was that the property we originally wanted to rent and was shown as available was given away to another customer. Being flexible we agree on another property, we were offered this at a discounted rate, however had to correct the customer service rep when they sent the invoice as they were then actually trying to charge us more. No worries, still ok, these things happen. Communication was pre tty average to start with, however we managed to confirm that our payment was received and that early check in would be possible from noon on the day of our arrival. Lo and behold when we arrived and contacted FP they told us that they weren't aware of early check in and that we'd have to wait. After complaining about this they finally grudgingly agreed to come down and let us check in. This is where the real fun started. Upon our arrival we were greeted with: - When we opened the dishwasher it had not been unpacked. In addition, the dishwasher had clearly not been opened since it was last run. This meant that the dishwasher and the items inside it absolutely stank. - After re-running the dishwasher to try to get rid of the smell we unpacked the dishwasher only to find that there were many, many very dirty items inside it. Large chunks of old food were stuck on knives and serving spoons, a large (and dinted) pan has burnt food stuck onto it and a mug has very large mold sots still inside it (see pictures for more details). - Owning to the state of the only two provided pots and pans (one very dirty and damaged and the other with burn marks so bad that it would be difficult to cook anything in it) we actually had to leave and ourselves purchase pans to cook with. Given that we have rented a fully furnished apartment with an apparent "complete" kitchen this is very annoying and disappointing. - The dishwasher, oven and kitchen cupboards and handles were stained with multiple greasy fingerprints, drip marks and even some residual food. It seems that the kitchen was not wiped down after at least the last customer, perhaps not even prior to that. - Inside the cupboards we found more dishes and cups that were still dirty and two glasses that were broken. This is a severe and unacceptable safety hazard as I could have easily cut myself badly had I reached in to take a glass without realising they were significantly broken. - The top of the kettle was covered in grime. - Walls in the bedroom were stained with dark liquid drips and we found bugs squished on the walls and left there. - The upstairs balcony (which is advertised to have a nice sitting arrangement) is littered with broken pegs and leaves. The front balcony also has accumulated trash and weeds are growing. - The shower has some significant black mould growth (I appreciate that the bathroom is older and sometimes tiles / edging are stained and can't be cleaned - but mould can be cleaned off). - The duvet was badly stained underneath with some sort of white / beige crust. - After running the dishwasher last night and discovering that it did not work very well, my husband discovered that in the waste catchment drain area there are very large shards of glass blocking the drain. This suggests that someone unpacked those broken glasses into the cupboard and ignored the shards in the dishwasher. I hope I don't have to spell out how unacceptable that is. - The oven does not work. When we turn the oven on, the light at the front switches on - indicating that the oven has power - but no light or fan or element comes on inside. We regularly cook with an oven and would like this seen to ASAP. - The remote for the AC unit upstairs has dead batteries, is missing the cover for the battery compartment and has a very sticky stain on the back of it as well as having not been serviced and being full of dust. After contacting furnished properties, we received a very blasé response, advising that they would send a cleaner around to sort things out. No apology, if anything this seemed like a routine email, to a routine complaint. The cleaner herself was very friendly and apologetic, however did not come equipped with all the cleaning stuff she needed, she said she would talk to management at FP and probably return. She never did. More issues were raised with FP and finally it was agreed that they refunded us the cleaning fee as well as a couple of days accommodation in addition to our security deposit, 5 days after check out. It took me no less than 10 phone calls as well as about as many emails to finally get Vincent and co to pull their finger out and pay what they promised. I am a firm believer in 's**t happens - it's how you clean it up that really matters' however these guys just kept soiling themselves when it comes to customer service and screwing me at literally every turn. Promises went unanswered for a long time until I finally had enough and cc'ed in email address at stayz.com.au, the company we originally booked through. 15 minutes later I did receive the full refund, a full 2 weeks after I was originally promised this would happen. I don't believe these guys have any idea when it comes to customer service, nor do they know how to run a business which in essence is all about supplying a clean apartment and addressing customer issues well as and when they come about. If I could give them a lower score I would, do not deal with these guys if you value your sanity. You have been warned.

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