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.

35/7 Medley Street, CHIFLEY ACT 2606

Sold

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Building size: 9 m²

Top Floor, Two Bedroom apartment

Located in the heart of Woden on the top floor of the ‘Melrose Mews’ complex, unit 35 represents a fantastic investment opportunity. Accommodation consists of two good-sized bedrooms both with built-in wardrobes, a bathroom with a shower and a large internal laundry.The kitchen features good storage & ample bench space and overlooks the central leafy park-like courtyard of the complex. The living areas consist of a large open plan lounge and dining room and generous enclosed balcony.

The apartment includes a carport and lockable storage cupboard right next to the to the stairwell, offering maximum convenience and enough space for secure storage of bicycles or sporting equipment.The closest bus stop is located only meters away on Melrose Drive and the complex is on the door-step of the Woden CBD and Phillip business district.With major existing infrastructure such as the Canberra hospital and new development projects already under way in the Woden CBD, this is an excellent opportunity to secure a central investment property. Features Include: Top floor unit in popular Melrose Mews complex
Short walking distance to the Woden Town Centre and public transport
Built-in wardrobes in both bedrooms
Combined lounge/dining room with access onto large balcony
Light filled kitchen with plenty of cupboard space
Bathroom with bath with shower over
Large enclosed balcony
Large internal laundry
Allocated single carport with storage cupboard
Living size: 65 sqm + 18 sqm balcony
Rates: $441.25 per quarter
Land tax:$640.75 per quarter (if rented)
Body Corporate: $481 per quarter
EER: 3