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.

5/14 Hoolihan Street, Denman Prospect ACT 2611

Sold $550,000

2
2
2
EER6.0

Building size: 68 m²

Modern, Easy-Care Ground Floor Apartment

Situated in a quiet pocket of Denman Prospect is this wonderful ground floor two-bedroom apartment. Perfect for the first home buyer, downsizer or investor and offering a great practical layout with spacious living areas, modern interiors and a large (35m² approx.) sunny outdoor entertaining terrace. Immaculately maintained and presented, and within walking distance to the local school, playgrounds, Denman Prospect Village Shops, and Molonglo’s nature trails – don’t miss out!

FEATURES

• Ground floor apartment with modern interiors
• Two bedrooms, both with built-in wardrobes
• Main bedroom with ensuite
• Main bathroom servicing bedroom two
• Open plan living and dining area
• Kitchen with quality stainless steel AEG appliances and good storage
• European laundry
• Large outdoor entertaining terrace
• Reverse cycle air conditioning units in the living room and main bedroom
• Double glazed windows throughout
• Heated tiles in ensuite
• Ceiling fan in main bedroom
• Two side-by-side basement carparks and storage cage
• Pet-friendly complex
• Walking distance to Evelyn Scott School, Ridgeline Park Playground and Denman Prospect Village Shops
• Short drive to Stromlo Leisure Centre and surrounded by numerous nature trails

WHAT THE SELLERS LOVE ABOUT THE HOME

1. Ground floor apartment, but with a view.
2. Large dining terrace area.
3. Lovely neighbours and complex.

STATISTICS (all figures are approximate)

EER: 6.0
Living Area: 68m²
Terrace: 35m²
Construction: 2020
Rates: $420 per quarter
Land Tax: $544 per quarter (only applicable if not primary residence)
Strata Levies: $898 per quarter (admin + sinking fund)
Developer: Core Developments
No. Units in Complex: 87
Rental Range: $600 – $620 per week