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.

19/2 Corinna Street, Lyons ACT 2606

Sold $340,000

2
1
1
EER6.0

Building size: 58 m²

Ultra-Convenient Location.

This light-filled, first floor apartment has been designed for easy living, with Westfield Woden just a short stroll across the road and easy access to the city. Recently refreshed with partial paint and new carpet throughout, the home offers two spacious bedrooms, a large bathroom, and a good-sized kitchen, living and dining area – ideal for a first home buyer or savvy investor.

FEATURES

– Low maintenance first floor apartment
– Two spacious bedrooms, both with built-in robes
– Combined bathroom and laundry (washing machine and dryer included)
– Kitchen with good cupboard space
– Light-filled living and dining area
– Brand new carpet throughout
– Good sized balcony
– Single undercover car space with storage unit
– Ample off-street parking
– Walking distance to Westfield Woden
– Close to popular schools, sports ovals and The Canberra Hospital
– Easy access to public transport (bus interchange) and arterial roads to the city

WHAT THE SELLER LOVES ABOUT THE HOME

1. Easy access to the entrance of the unit with parking and storage just below.
2. A comfortable size and convenient in so many ways.
3. Geographically located in the centre of the ACT with easy access to all areas of the city.

STATISTICS (all figures are approximate)

EER: 6.0
Home Size: 58m²
Balcony: 5m²
Rates: $608/quarter
Strata Fees: $789/quarter (admin + sinking fund)
Land Tax: $783/quarter (only applicable if not primary residence)
Construction: Circa 1970
Units in Complex: 34
Rental Estimate: $450 – $500/week