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.

30 Ulverstone Street, LYONS ACT 2606

Sold

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2

Land size: 1254 m²Building size: 20 m²

Highly Desirable Location - Outstanding Opportunity

A fantastic opportunity to secure a family home is a super convenient location, close to the Canberra Hospital, easy walk to excellent schools, colleges and public transport.

This much loved family home sits on a large secluded block in a quiet loop street, backing reserve within the RZ2 zoning. It’s only a few minutes’ walk down the reserve to the Woden Town Centre, Phillip business district and has the added advantage of being located in an RZ2 zone, providing secondary opportunity for development.

The home offers flexible accommodation including spacious living areas, formal dining room and centrally located kitchen. There are three bedrooms plus study and an ensuite bathroom to the master bedroom. The light and bright living areas flow out to a sensational covered deck overlooking well established gardens with shady trees, ideal for entertaining family and friends. There is also an attached self contained one bedroom flat with bathroom and kitchenette, ideal for the extended family or extra income.

Additional Features:

– Superb location backing reserve
– Located within the RZ2 precinct / zoning
– Three / four bedroom ensuite family home
– Self contained one bedroom flat
– Quality soft furnishings
– Ducted gas heating
– Ducted evaporative cooling
– Back to base security system
– Gas cooking, gas oven
– Ceiling fans
– Ample of off street parking
– External roller shutters to windows
– Double car accommodation
– Stroll to Woden
– Minutes to Canberra City

Currently tenanted on a month by month lease at $700 pw
AUV: $485,000
Block size: 1,254 sqm
Rates: $3,329.80 per annum (approx.)
Living area: 187.36 sqm