How often can you increase the rent?

Rent cannot be increased at intervals of less than 12 months. Landlords must give tenants at least eight weeks’ written notice of a rent increase. In a fixed-term lease, the increase date must be outside the term dates.

How will you find the perfect tenant/s for my property?

Our leasing consultant will meet all potential tenants when conducting open homes for the property. Our leasing team will then closely assess whether the property will be a right fit for those who have applied for the property. Once the applications have been processed and the references have been called for each, we take all applications to the owner, who will decide which applicant to approve of living at the property.

How many routines can be conducted yearly?

A landlord is allowed to inspect a property twice every 12 months. The landlord can also conduct an inspection within the first month of the tenancy and within the last month.

What maintenance is the tenant responsible for, and what is the landlord responsible for?

If there is a noticeable impact or damage that has occurred during a tenancy, it usually falls under the tenant. General upkeep, such as a globe, also falls under the tenant. If the damage falls under general wear and tears due to ageing, this will fall under an owner to repair. However, maintenance can always be a grey area, so it is best to ask your property manager first.

How much notice must a tenant provide if they are on a periodic tenancy?

A periodic lease is a month to month. In the ACT, tenants are only required to give 21 days’ notice in writing.

What is the process if my tenant requests to keep a pet at the property?

If the tenant requests to keep a pet at the property, they must write to the lessor to ask for consent. If the lessor refuses to consent, they will be required to apply to the ACT Civil and Administrative Tribunal for approval.

12/3 Waddell Place, Curtin ACT 2605

Sold

2
1
EER4.5

Building size: 53 m²

An Excellent Investment or First Home Opportunity!

Centrally located within the Woden Valley with easy access to shops, fitness facilities, bus interchange, medical centres and a quick trip into the City.

This top floor apartment is spacious and hosts ample natural light with an open plan living area and airy, functional kitchen with breakfast bar and leafy outlook. The bedrooms are a good size and the master has a built-in robe. The large laundry is shared with only one neighbour. Currently tenanted at $285 to long term tenants – an investment opportunity not to be missed!

Features include:

• Sun-filled living area
• Functional kitchen with breakfast bar
• Functional bathroom with bath tub
• Plenty of common parking in complex grounds
• A short stroll to Curtin shops and public transport
• Close to Woden Town Centre
• Ideal entry into the market or investment
• Prime investment opportunity
Living area: 53 sqm
EER: 4.5
Rates: $510 pq (approx.)
Land tax: $635 pq (approx.)
Body Corporate: $570pq + special fund $885 pq
Currently tenanted at: $285 per week on a periodic tenancy

Don’t delay in inspecting this fantastic opportunity.