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.

81 Hopetoun Circuit, Yarralumla ACT 2600

Sold

4
2
2
EER2.5

Land size: 948 m²Building size: 178 m²

Large land holding in Canberra's most covered suburb

An outstanding opportunity has arisen for live in owners or investors alike. If you are looking to renovate, extend or rebuild, 81 Hopetoun Circuit offers an excellent starting point. Situated on a substantial 948 sqm parcel of land within this beautifully established and highly sought after suburb.

Originally designed in 1964 to generate a dual income the home comprises of two separate dwellings, one above the other, each offering an updated kitchen, open plan living and dining, two bedrooms and a renovated bathroom. Below the homes is a double tandem garage together with an abundance of storage space.

The gently sloping parcel of land provides ample space to re-build your dream home a north facing right boundary for great solar access. The elevated position provides views stretching from the Brindabellas to the arboretum.

A peaceful, lakeside lifestyle is on offer within a close proximity to Canberra’s finest private and public schooling as well as Burley Griffin’s lakeside attractions, the Parliamentary Triangle, Royal Canberra Golf Club, Weston Park, ANU, meters to both the Yarralumla and Deakin Shops and moments to Canberra’s CBD.

Whether you take advantage of the dual income whilst drafting plans for your re-build, utalise the current home to extend and improve upon or simply land bank the home for future growth this is an opportunity not to miss.

81a Hopetoun Cct tenanted until May 2023 at $460
81b Hopetoun Cct tenanted until Feb 2023 at $480

Large 948 sqm parcel of land
Previously approved plans available for a 356 sqm 4 bedroom 3 bathroom home
Dual income home
Great potential to renovate, extend or re-build
Renovated kitchens and bathrooms

Rates: $8,539
Land tax: $15,531
UV: $1,910,000
EER: 2.5
Living: 178 m²
Block: 948m²