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.

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Properties > Farrer > 14 Pridham Street, Farrer ACT 2607

14 Pridham Street, Farrer ACT 2607

Sold

3
2
2
EER1.0

Land size: 717 m²Building size: 144 m²

Sought After Suburb – The Perfect Renovator

This tidy freestanding residence is presented in almost original condition and offers excellent scope to bring fantastic value to a solid traditional property. It has been well-loved for many decades and provides a rare opportunity for buyers to acquire a potential-packed home on a level block of 717m² (approx.), within walking distance from Farrer Shops and Farrer Primary School, ovals, and bus transport.

FEATURES

– Freestanding home on a great street
– 717m² (approx.) level block
– Three bedrooms, one with built-in wardrobes
– Two bathrooms
– Generous living and dining room
– Large kitchen with ample storage, and adjacent family or dining area
– Linen cupboard
– Ducted gas heating
– Separate laundry
– Double lock up garage
– Generous backyard with low maintenance gardens
– Walking distance to Farrer ovals, Farrer shops, Farrer Primary School and bus stop
– Short drive to Southlands shopping centre, The Canberra Hospital and Woden Town Centre

STATISTICS (all figures are approximate)

EER: 1.0
Home Size: 144m²
Garage: 34m²
Land Size: 716m²
Land Value: $715,000 (2023)
Rates: $1,106 per quarter
Land Tax: $2,018 per quarter (only applicable if not primary residence)
Rental Range: $430 – $450 per week (as is)