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.

50 Drevermann Street, Farrer ACT 2607

Sold

3
2
2
EER3.5

Land size: 962 m²Building size: 185 m²

Private Oasis in a Fantastic Location

Nestled in a peaceful street, this beautifully presented family home provides a highly sought-after lifestyle of space, tranquillity, and ease. Showcasing modern and contemporary interiors, this retreat boasts gorgeous light-filled living areas and endless warmth across a vast single level layout. It also presents relaxed living and indoor/outdoor entertaining surrounded by landscaped gardens. With easy access to shops, schools and major arterial roads, this magnificent home ticks all the boxes for immediate enjoyment – don’t miss your opportunity.

FEATURES

– Single level family home in a sought-after location
– North-east facing aspect with beautiful natural light
– Huge master suite with walk-through wardrobe and luxurious ensuite
– Two additional bedrooms, both with built-in robes
– Open plan formal living and dining area with high feature raked ceilings and large bi-fold doors to outdoor entertaining terrace
– Renovated modern kitchen with quality appliances and ample cupboard and bench space
– Family room adjacent to kitchen with large bi-fold doors to terrace
– Updated main bathroom with separate toilet
– Separate laundry with good storage
– Ducted gas heating throughout and fireplace in formal living
– Ceiling fans in bedrooms, living room and family room
– Private yard with beautifully landscaped gardens
– Multiple outdoor entertaining terraces
– Solar panels
– Double garage with automatic door and breezeway access to house
– Solar hot water
– Double glazed windows throughout
– Proximity to walking trails, Farrer shops, Farrer Primary school and playing fields
– Short drive to Southlands Shopping Centre, The Canberra Hospital and Woden Town Centre

WHAT THE SELLERS LOVE ABOUT THE HOME

1. Single level, no steps-living
2. Wedge shaped block – excellent outdoor living spaces to rear of house
3. Sunny winter courtyards

STATISTICS (all figures are approximate)

EER: 3.5
Home Size: 185m²
Garage Size: 42m²
Land Size: 962m²
Construction: 1976
Land Value: $886,000 (2023)
Rates: $1,484 per quarter
Land Tax: $2,634 per quarter (only applicable if not primary residence)
Rental Range: $670 – $700 per week