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.

1/2 Edmunds Place, Spence ACT 2615

Sold

3
1
3
EER1.5

Land size: 520 m²Building size: 102 m²

Easy living, great location!

Situated in a great location within walking distance to schools, shops, and nature trails, is this wonderful easy-care home. Perfect for the first home buyer, downsizer, or investor. Offering a great practical layout with three bedrooms, renovated kitchen, open plan living and dining area and a spacious rear yard. Single level and extremely low maintenance, this home presents an exceptional lifestyle or investment opportunity.

Note: This property has no strata fees. An insurance policy is in place on approx. 1m² of common property on the driveway. Water is a shared cost with Unit 2.

FEATURES

– Three bedrooms, all with built-in robes
– Updated bathroom with separate toilet
– Spacious open plan living and dining area
– Renovated kitchen with quality appliances and ample cupboard space
– Built-in study desk in living
– Renovated laundry with great storage
– Double garage with automatic door and internal access
– Enclosed carport with automatic door
– Circular driveway with ample off-street parking
– Sun drenched front deck
– Low maintenance rear yard with covered entertainment area and sandpit
– Ducted gas heating and evaporative cooling
– Solar panels x 12
– Shared water meter with Unit 2
– Walking distance to Mt Rogers Primary School, Baringa Early Learning Centre, local playgrounds, Spence shops, and Mt Rogers Nature Reserve
– Short drive to Belconnen Town Centre, Lake Ginninderra and University of Canberra

WHAT THE SELLERS LOVE ABOUT THE HOME

o The community
o Living across from the reserve and easy access to mount rogers
o Our family of magpies (who don’t swoop)
o Lovely views from the living room with glorious afternoon sun
o Walking distance to schools and shops
o Easy access to shopping centres and the main arterial routes to get around Canberra
o Single footpath to Mount Rogers Primary School (no road crossings)

STATISTICS (all figures are approximate)

EER: 1.5
Home Size: 102m²
Garage: 43m²
Carport: 18m²
Land Size: 520m²
Rates: $710 per quarter
Land Tax: $865 per quarter (only applicable if not primary residence)
Rental Range: $650 – $670 per week