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.

78/1 Limburg Way, Greenway ACT 2900

Sold

2
1
1
EER6.0

Building size: 74 m²

As New Apartment in Exceptional Location

Buyer’s Guide: Mid $300,000 range.

Situated in the highly sought after Watermark Development, this modern apartment sets the benchmark for high quality and low maintenance living in the heart of Greenway. Stroll to South Point, the Limburg way playground and all of the lifestyle amenities on offer.

FEATURES

– Spacious two bedroom apartment
– Separated bedrooms (on opposite ends of apartment)
– Located on the second floor with lift access
– Light-filled open plan living space with access to balcony
– Modern kitchen with granite bench tops, electric cooking and Ariston stainless steel appliances
– Large two-way bathroom
– Generous sized bedrooms both with built-in robes
– Reverse cycle air conditioning
– NBN ready
– European laundry
– Single car space with storage cage
– Walking distance to Lake Tuggeranong and South.Point Tuggeranong

WHAT THE SELLER LOVES ABOUT THE HOME

1. Bloc is a fantastic developer, and the quality and finishes of this Watermark complex is superb. The building and surrounds are always in great condition.
2. Friendly neighbours that are mostly long-term residents, creating a community feeling.
3. The apartment is insulated from the elements with a high elevation that creates a cosy and comfortable feeling.

STATISTICS (all figures are approximate)

EER: 6.0
Apartment Size: 74m²
Balcony Size: 7m²
Construction: 2016
Body Corporate Rates: $2,832.50 per annum
Land Rates: $353 per quarter
Land Tax: $423 per quarter (only applicable if rented)
Rental Range: $440 – $460 per week