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.

5 Molineaux Place, Farrer ACT 2607

Sold

4
2
2
EER1.0

Land size: 1126 m²Building size: 190 m²

Elevated Family Home With Views

An outstanding opportunity to purchase a Willemsen design home located in a no through traffic cul-de-sac in the popular suburb of Farrer. The property has been upgraded to ensure it’s as easy as simply moving in and loving the lifestyle and location on offer.

Perfect for the family or astute buyer who is looking for quality and a flexible layout, with unique spaces that link perfectly for full utilisation of both indoor and outdoor areas of the home. The home has been cleverly designed to take full advantage of its aspect and spectacular views to Isaacs Ridge. You won’t want to miss this one!

FEATURES

– Willemsen design home
– Four generous bedrooms with built-in robes
– Master bedroom with walk-in robe and ensuite
– Study nook
– Elevated formal living area with views to Isaacs Ridge
– Balcony off formal living and master bedroom
– Separate formal dining with access to courtyard
– Upgraded kitchen with Miele appliances, walk-in pantry and adjoining meals area
– Second living or rumpus room downstairs
– Upgraded main bathroom
– Ducted reverse cycle air conditioning downstairs and reverse cycle unit upstairs
– 12m above-ground decked pool
– Loads of underhouse storage including 3mx12m workshop area
– 10 solar panels
– Beautifully established gardens with irrigation system in front garden
– 3 water tanks
– Rinnai 330L solar hot water system (installed Jan 2020)
– Double carport with storage
– Gorgeous views to Isaacs Ridge and Black Mountain
– Minutes to Farrer Primary School & Farrer Shops
– Proximity to Southlands shopping centre, Woden town centre & The Canberra Hospital

WHAT THE SELLERS LOVE ABOUT THE HOME

1. We like the northern aspect for views and solar access
2. Being able to get from car to kitchen under cover after shopping is convenient
3. The free flow from room to room with plenty of views out to the gardens in the design and the integration of the dining area with the green outdoor BBQ area is useful when entertaining

STATISTICS (all figures are approximate)

EER: 1.0
Home Size: 190m²
Carport Size: 39m²
Land Size: 1,126m²
Construction: 1979
Land Value: $762,000 (2020)
Land Rates: $1,160 per quarter
Land Tax: $2,059 per quarter (only applicable if rented)
Rental Range: $850 – $950 per week