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Pricing

One model.
Three tiers.
No surprises.

We publish every fee before you sign. No markups on maintenance, no charges during vacancy, no inflated letting fees. You only pay us when your property is earning you money.

The tiers

Pick the
level of
involvement
you want.

Same standards across all three. The difference is how much we do for you, and how proactive we are about your returns. You can switch tier any time. Bringing three or more properties? We offer discounted, flexible rates for larger portfolios — talk to us.

Sentinel.

For the hands-on landlord who wants professional backup.

$89/ month + GST
No fee during vacancy.

Admin, compliance and screening handled. You stay in the driver's seat for the day-to-day.

  • Tenant enquiry handling and communications
  • Tenancy agreement preparation and compliance checks
  • Healthy Homes compliance monitoring and reminders
  • Legislation update alerts
  • Rent collection (owner-coordinated)
  • Trades coordination (owner-coordinated)
  • Routine inspections — available as an add-on
Start with Sentinel
Custodian.

Proactive portfolio management for the growth-focused landlord.

10%+ GST of rent collected
No fee during vacancy.

Everything in Guardian, plus a dedicated layer of portfolio intelligence — turning a passive asset into an investment thesis.

  • Quarterly market rent benchmarking report
  • Annual CapEx planning and expense forecast
  • Pre-approved maintenance threshold
  • Proactive market-timed rent reviews and increases (legislation-compliant)
  • Portfolio-level reporting for multi-property owners, including consolidated yield tracking
  • Annual property condition report with photographic record
  • Annual smoke alarm test and heat pump service
Start with Custodian
Charter Member
054/100
For the first 100 properties

The first 100 properties we take on will never pay more than they do today.

Founding members lock in a flat 7% management rate for life — a sizeable discount on Guardian and Custodian. No annual creep, no renewal hikes, no fine print. You also get one free month and a voice in what we build next.

  • Flat 7% rate, locked for life — one simple rate, never increases while you stay with Propr.
  • One free month — first full month of management fees waived after switching completes.
  • Voice in product — quarterly input sessions on what we build next.
Compare tiers

What's in each
tier.

Every tier shares the same standards on transparency and maintenance pricing. You step up only when you want more of the work done for you.

Sentinel
$89/mo + GST
Guardian
8.5% + GST
Custodian
10% + GST
Tenant enquiry handling
Tenancy agreement & compliance
Healthy Homes compliance tracking
Legislation update alerts
Rent collection & arrears
Owner disbursements
Routine inspections per yearAdd-on4
Photo reportsAdd-on
Pre-approved maintenance threshold
Maintenance at cost (zero markup)
Tenant sourcing & vettingAdd-on
Quarterly market rent benchmarking
Annual CapEx forecast
Portfolio-level reporting
Annual photographic condition report
Annual smoke alarm test & heat pump service
Annual tenancy statement (tax)
Fee during vacancyNoneNone
Sentinel$89/mo + GST
Tenant enquiry handling
Tenancy agreement & compliance
Healthy Homes compliance tracking
Legislation update alerts
Rent collection & arrears
Owner disbursements
Routine inspections per year
Add-on
Photo reports
Add-on
Pre-approved maintenance threshold
Maintenance at cost (zero markup)
Tenant sourcing & vetting
Add-on
Quarterly market rent benchmarking
Annual CapEx forecast
Portfolio-level reporting
Annual photographic condition report
Annual smoke alarm test & heat pump service
Annual tenancy statement (tax)
Fee during vacancy
None
Custodian10% + GST
Tenant enquiry handling
Tenancy agreement & compliance
Healthy Homes compliance tracking
Legislation update alerts
Rent collection & arrears
Owner disbursements
Routine inspections per year
4
Photo reports
Pre-approved maintenance threshold
Maintenance at cost (zero markup)
Tenant sourcing & vetting
Quarterly market rent benchmarking
Annual CapEx forecast
Portfolio-level reporting
Annual photographic condition report
Annual smoke alarm test & heat pump service
Annual tenancy statement (tax)
Fee during vacancy
None
The numbers don't lie

A typical Wellington
4-bedroom on Guardian
costs $2,182 less
a year.

Worked example: 4-bedroom Wellington rental, $900/week, $46,800 annual income. Same property, same income, same year — just a different commercial model.

Fee / charge
Typical PM
Propr Guardian
Management (8.5% of $46,800, + GST)
$4,575
$4,575
Tenant placement (Trade Me listing + credit checks)
$1,500 (flat letting fee)
$239 at cost (Trade Me ~$199 + checks ~$40)
Routine inspections (4 × $80, + GST)
$368
$0 — included
Maintenance coordination markup (10% on $3,500 spend, + GST)
$403
$0 — zero markup
Lease renewal fee
$150
$0 — included
Total annual management cost
$6,996
$4,814
Your annual saving with Propr
$2,182.
More than $181/month back in your pocket.
Over 5 years
$10,910.
Compounded against typical fee creep, often more.

Illustrative example, based on a typical Wellington 4-bedroom rental and tenancy event averaged across the market. Actual savings depend on your property and tenancy events in any given year.

The Propr Pledge

The fees
we will never
charge.

Our commercial model includes an explicit public commitment to what we won't charge for. This “Never-Charge” list becomes a trust anchor — we don't make money when your property costs you more.

  • 01

    No maintenance markup.

    Trade invoices passed through at the actual cost. Markups create the wrong incentive — we'd profit when your property costs you more.

  • 02

    No fees during vacancy.

    If your property is empty, we don't get paid. Our incentive is always to fill it quickly with the right tenant.

  • 03

    No tenant placement markup.

    Advertising and credit checks pass through only at the actual cost of advertising and vetting. Compare that to the industry's standard letting fee (circa $1,500).

  • 04

    No lease renewal fees.

    Renewing a tenancy benefits both parties. It shouldn't generate a separate charge.

  • 05

    No advertising markup.

    Every advertising spend passes through at actual cost. You see the actual invoice.

Pricing questions

What owners
ask us about
fees.

Still unsure which tier suits you? Book a free 15-minute consult.

Management fees are a percentage of rent plus GST, in line with industry standard, so our tiers are quoted exclusive of GST. In the Numbers Don't Lie comparison, fee lines that attract GST are shown GST-inclusive; pass-through costs are shown at cost.
If the property is between tenants and not earning rent, you don't pay us a management fee. Our incentive is to refill it quickly with a quality tenant, not to keep collecting from you while it sits empty.
Most agencies charge a flat letting fee — often a week's rent or more, around $1,500 once advertising is included. Under Guardian, you pay only the actual cost of advertising and credit checks — typically around $239 — with no markup.
From onboarding, you're not locked into any lengthy contracts. If you find we're not the right fit, only 30 days' notice is needed — no multi-year tie-in, no exit fee.
Yes — switch tiers any time with one business day's notice. Charter Members keep their flat 7% rate on Guardian or Custodian, including after a tier change.
Each managed property counts as one Charter spot until the cap of 100 is reached. After that, new owners onboard at our standard rate card. The Charter rate is locked permanently for as long as the property stays with Propr.
No. All trade invoices pass through at actual cost. For larger work over your pre-approved threshold, we get quotes, share them with you, and only proceed once you've signed off.
Common with multi-property owners — e.g. Guardian on your stable rentals and Custodian on a property you're actively positioning for value. We'll structure it however suits the portfolio. For larger portfolios (three or more properties), we tailor the rate to your specific properties — get in touch and we'll work it out with you.
Ready when you are

Property
management
with nothing to hide.

Get a free rental appraisal in 24 hours, with the tier we'd recommend and the numbers behind it. No commitment. No small print.