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.

6 & 6A Wambaya Crescent, Waramanga ACT 2611

Sold $1,055,000

3
2
2
EER1.0

Land size: 751 m²Building size: 135 m²

Exciting investment opportunity - Two properties in one

An exciting opportunity now presents itself for you to purchase these tastefully renovated properties. This property is in a quiet, leafy street in this sought-after suburb! There are so many options as both properties are under unit entitlement so can be sold or rented out separately. The current owner will be selling them as a package.

The front property offers north facing open plan living areas that flow to the semi open renovated kitchen with quality appliances. There are two bedrooms both with built in robes and direct access to the updated bathroom. The home has been immaculately maintained throughout.

The second property boasts sundrenched living area, functional updated kitchen, modern bathroom and a generous bedroom. Other features include reverse cycle heating and cooling. There is a double carport as well as plenty of off street parking for visitors. The gardens are tidy and are low maintenance.

This property is ideal for the extended family, elderly parent, home office or take advantage of the potential income from renting the second or both dwellings out.

Rates: $3,507 pa (whole property)
Land tax: $5,257 pa (whole property)
UV: $485,000 (2021)
Land size: 751m2

FRONT RESIDENCE
Reverse cycle heat/ cool
Single carport
Two generous bedrooms
Modern bathroom
Open plan kitchen
Spacious lounge and dining area
This property is currently tenanted at $460 pw until 24 September 2022

Living: 89m2
EER: 2.5

SECOND RESIDENCE
Open plan kitchen with breakfast nook
Sun-filled lounge
One bedroom with BIR
Single carport
Reverse cycle heat / cool
Extra off street parking
This property is currently tenanted at $350 pw on a month to month lease

Living: 45m2
EER: 1.0