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.

68/14 Boolee Street, Reid ACT 2612

Sold $600,000

2
2
EER5.5

Building size: 86 m²

Make your next move to Monterey!

An incredible opportunity to secure a premiere apartment in the sought-after suburb of Reid, suited to buyers looking for a high-end but low maintenance home, with the bonus of an easy lifestyle. Conveniently located within moments from Glebe Park, the Canberra Centre, Lonsdale St, schools, and public transport.

FEATURES

– Premier apartment located in the ‘Monterey Apartments’
– Large open plan lounge and dining room with access to balcony
– Two spacious bedrooms, both with built-in wardrobes
– Main bedroom with ensuite and access to balcony
– Large main bathroom with European laundry
– Kitchen with good quality appliances, and ample cupboard and bench space
– Family room or meals area adjacent to kitchen, with access to balcony
– Reverse cycle units in the lounge room and main bedroom
– Ceilings fans in both bedrooms and family room
– Freshly painted throughout
– Updated flooring throughout
– Single allocated car space
– Secure complex with resident’s only gated swimming pool and tennis court, and ample visitor parking and bike storage facility
– Walking distance to the Canberra Centre, the Lonsdale St dining precinct, Reid CIT Campus, and ANU
– Walking distance to several parks, trails, and ovals, including Glebe Park, Commonwealth Park, and Lake Burley Griffin
– Walking distance to public transport links
– Close to the Australian War Memorial and the Anzac Parade Walk, Mt Ainslie lookout, Canberra Museum and Galleries, Canberra Theatre Centre, and Gorman Arts Centre
– Proximity to several schools including Campbell Primary and High School, and the Parliamentary Triangle
– Approx. 15min drive to Majura Park and Fyshwick

STATISTICS (all figures are approximate)

EER: 5.5
Living Area: 86m²
Balconies (Total): 20m²
Construction: Circa 1994
Rates: $547 per quarter
Land Tax: $668 per quarter (only applicable if not primary residence)
Strata Levies: $1,314 per quarter (admin + sinking fund)
Units in Complex: 139
Rental Range: $630 – $650 per week