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.

131 Bicentennial Drive, JERRABOMBERRA NSW 2619

Sold

3
2
2

Land size: 769 m²Building size: 18 m²

Perfect Investment - Hot Summer Sale - Must be Sold!

Being a Defence Housing Australia home this is the perfect investment opportunity in a great location for the future. In an elevated position with three good sized bedrooms, a large patio area and secure rear yard with mature trees this is an ideal home for the astute investor who may want to live in later. Located close to schools, shopping centres with easy access to Canberra this is the one!

As you enter the home you have the formal lounge, dining to one side of the entrance, with the master bedroom on the other side with views to the front garden. The master bedroom has built in robes and an ensuite. The hub of the home is the kitchen and living area with views to an excellent outdoor living area with a mature garden. A benefit to this home is the separation the master bedroom has from the other good sized bedrooms with built in robes and their own separate toilet and bathroom with bath. With ducted evaporative cooling your comfort is assured during summer.

A level, secure rear yard is another feature to this home, with good balance between the undercover patio area and lawn. The double lockable garage has a single roller door that allows access through to the rear yard. With raised garden beds in the rear yard, it is obvious that past tenants have made this place a home.

As this property is currently rented out through DHA, security and regular rental income is assured. This is your time to secure a property with an excellent rental return with a long-term lease, regular rent reviews and scheduled maintenance. The current lease ends May 2019 with guaranteed weekly rent of $490 per week.

Now is the time to sit back and watch the rent roll in, an opportunity not to be missed. Reluctantly this home must be sold.

With potential for a gross yield in excess of 4.8% this is one of the best DHA homes available!

Features:

Long-term secure lease expires May 2019
Guaranteed rental return from DHA
Single level home in an elevated position
Good sized bedrooms all with BIR
Ducted gas heating and cooling
Separate toilet
Lockable double garage with rear yard access
Large secure rear yard with mature trees
Rates: $651.65 per quarter (approx.)
Block size: 769 m2
Land value: $294,000 (approx.)

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131 Bicentennial Drive, JERRABOMBERRA NSW 2619

Sold

Perfect Investment - Hot Summer Sale - Must be Sold!

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131 Bicentennial Drive, JERRABOMBERRA NSW 2619

Sold

Perfect Investment - Hot Summer Sale - Must be Sold!

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The right partner makes all the difference.

The right partner makes all the difference.

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