In simple words, property management is a service that you can get if you want to take advantage of all the properties you have. You can think of it as selling your property to a company, but the twist is that they will never end up in sending the monthly payment for you, as long as you want them to manage your property. Because it can be considered as "endless sales" of a property, the company will treat your property as their own.
Companies will be the ones to send you monthly payments instead of paying them monthly for their services. The good thing about hiring a property management company is that you will receive a fixed amount regardless of whether the company makes money from your property or not. You can check property management companies via https://mcintyreproperty.com.au/.
Although it is also possible that they can earn more than what they send you every month, you would not know it. Aside from this, they have done everything in your property in order for it to achieve current income they make.
You, as the owner, are only there to receive the amount that the two companies have agreed. This will give you a fixed income regardless of whether the property making money or not.