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.

22 Prescott Street, Farrer ACT 2607

Sold

5
3
3
EER3.0

Land size: 922 m²Building size: 228 m²

Renovated Dual-Living Family Home with Stylish Updates & Income Potential

Set in a peaceful pocket of Farrer and capturing sweeping views over the surrounding landscape, this beautifully updated two-storey residence offers flexible living, quality renovations, and the perfect layout for modern family life or multi-generational living. With a self-contained flat on the lower level, extensive upgrades throughout the main residence, and multiple entertaining spaces, this home is as versatile as it is impressive.
Lovingly renovated in 2023, the main level features a stunning designer kitchen, luxurious bathrooms, zoned ducted air conditioning, and spacious light-filled interiors. Whether you’re entertaining on the elevated rear balcony, relaxing around the firepit, or utilising the lower-level flat for extended family, guests or rental income, this property offers a lifestyle of flexibility, space, and style.

Property highlights:
• Two-storey, renovated family home with self-contained flat
• Extensive 2023 renovations to upstairs: kitchen, laundry & bathrooms
• Designer kitchen with Fusion Granite benchtops, black appliances, glass splashback & gas cooktop
• Spotted gum flooring in kitchen; new Bremworth carpet in living area and bedrooms
• Four spacious bedrooms upstairs, all with built-in robes
• Large master suite with generous built-in storage
• Designer bathrooms with premium finishes
• Ducted air conditioning with AirTouch Zoning (installed 2023)
• Spacious front terrace with elevated views
• Rear entertainer’s balcony off dining area + separate firepit entertaining zone
• Self-contained flat on lower level with kitchen/living, bathroom, laundry & bedroom – ideal for rental, guests or home business
• Home gym with split system A/C (installed 2025), located at rear of garage
• High-clearance double garage with panel lift door, suitable for 4WDs + additional parking
• Landscaped grounds, fenced backyard & side access

Offering generous proportions, high-quality updates and unmatched flexibility, this Farrer home is perfect for growing families, investors, home-based professionals or anyone looking for space with future potential.

EER: 3.0
Rates: $4,895 pa (approx.)
Land Tax: $10,158 pa (approx.)
Lower Residence: 62.5m²
Upper Residence: 166.08m²
Garage and Workshop: 103.58m²
Land Size: 922m²
Land Value: $811,000 (2025)

Nearby
• Farrer Primary School
• Melrose High School
• Canberra College
• The Canberra Hospital
• Farrer Shops
• Erindale Shopping Centre
• Farrer Ridge
• Playgrounds and Nature Reserve