Our fees. All of them.
Our fee is a percentage of the rent we collect. If your tenant does not pay, we do not get paid. We don't add it to maintenance bills or other outgoings or contractor invoices. Every fee we charge is on this list with no surprises.
Charged on rent collected, never added to maintenance bills or other outgoings.
Per inspection, with a photo report. Entry and exit inspections are included in the management fee.
Disputes are rare when properties are well managed. If in the rare instance we represent you at the tenancy tribunal.
Free, with no obligation. Appraised against current REINZ rental data and what comparable properties in your street are actually letting for.
Recommended. Listings with professional photos get more enquiries and tend to rent for more. Not compulsory, though - if you would rather skip it, we photograph the property ourselves at no charge.
Per credit check on prospective tenants.
Charged once, when we place a new tenant. Covers advertising, viewings, vetting, the agreement, bond lodgement and both condition reports.
Property management fees are fully tax deductible against your rental income. All prices above exclude GST.
We don't charge a fee on maintenance. Many managers do.
Some managers apply their percentage to more than the rent. It also comes off maintenance invoices, council rates, water bills and end-of-tenancy work. We don't charge a cent on any of it. Our fee is charged on rent collected, and only on rent collected.
Paid on top of the fee on your rent, and rarely spelled out.
Our fee comes off only from rent collected.
Worked example, invoice by invoice
Illustrative figures, actual invoices vary. Not every manager charges this way, and the practice is usually disclosed in the management agreement rather than the advertised rate, so check the agreement before you sign.
How our fees compare
to the New Zealand average
The percentage on its own does not tell you what you will pay. Here is how we sit against the ranges published in New Zealand fee guides, including the line most companies leave out.
Market ranges compiled from published New Zealand fee guides. Ranges vary by company and region, and each company's own agreement is the authority on what it charges. GST-exclusive unless stated.
Property management fees for multiple properties
Excluding GST
The lower property management fee applies to your whole portfolio, not just the properties above the threshold. Your 5th or 10th rental moves every property you own to the lower rate.
We count rental properties held under one name: a single person, company or trust. Tell us the entity and we'll set your tier against it.
The discount applies to the management fee. Letting fees and inspections are the same for every landlord, whatever the size of your portfolio, so there is no per-property premium to unpick.
What's included in a standard property management fee?
The management fee is a percentage of the rent collected, and it covers the day-to-day running of your tenancy. In our case that means:
All of it sits inside the 7.99%. Anything charged separately is on the fee list above and in the management agreement, nowhere else.
Frequently asked questions
Is your fee charged on anything other than rent collected?
No. The management fee comes off rent collected and nothing else. It is never applied to maintenance invoices, council rates, water bills or any other outgoing, so the percentage you were quoted is the percentage you pay.
Do you take a percentage or coordination fee on maintenance invoices?
No. Arranging repairs is part of the management fee, and the contractor's invoice reaches you at the price the contractor billed. We take nothing on top, and we take no commission on debt collected either.
Can I see a sample statement before I sign?
Yes. Ask us and we will send a real statement with every line item on it, alongside the management agreement and the full fee schedule. You should be able to see exactly what a month with us looks like before you commit to anything.
Is a property management fee tax deductible?
Yes — property management fees are fully tax deductible as an expense against your rental income, and so are most of the one-off charges on this page. We break down exactly what that means for your rental income, with real numbers, in our guide: Did You Know Your Property Management Fee is Tax Deductible?
What does the plan include?
The plan covers the full ongoing service — rent collection, inspections, maintenance coordination, your owner portal and statements. A one-off letting fee of one week's rent applies when we place a new tenant.
Is there a lock-in contract?
No. We earn your business every month. If you are ever unhappy, you can leave, and we will even help with the handover.
Which areas do you cover?
We are launching in Auckland and rolling out New Zealand-wide soon, with the same transparent pricing everywhere. Get a free AI appraisal to see your estimated rent in seconds.
How much does property management cost in New Zealand?
Most NZ managers charge 7–10% of rent plus GST, then add letting, inspection and maintenance markups, so the true cost is often 10–15%. Megsan keeps it transparent: 7.99% + GST on rent collected, dropping to 6.50% for larger portfolios, with no hidden admin or maintenance markups.
What is a fair property management fee in New Zealand?
A fair fee is one where you know the full cost upfront. We publish every fee on this page, with no admin, statement or maintenance-markup fees to discover later.
How do I switch property managers in Auckland?
Switching is simple. Check the notice period in your current management agreement (usually 28–90 days), then let us handle the rest — we contact your existing manager, transfer the bond, tenancy records and keys, and notify your tenant. There is no cost to switch to Megsan and no lock-in once you do.
Do you offer a rent guarantee?
Talk to us about rent protection options for your property. There is no lock-in fixed term either way.