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.

38 Armstrong Crescent, Holt ACT 2615

Sold

3
1
EER0.0

Land size: 774 m²Building size: 215 m²

Reimagine the possibilities and potential for this detonators delight!

If you are a visionary who sees potential in challenges, then you’ll consider this property as a unique canvas just waiting for your imagination to bring it to life.

Here you have the ultimate opportunity to unleash your inner DIY Warrior, because at 38 Armstrong Crescent, you’re not just buying a property, you’re signing up for an adventure. It is most definitely one that’s more “before” than “after”!

The block presents an unfinished house that has been untouched for a few years now. It is certifiably uninhabitable… but if you have a bulldozer, or know someone with one, you have a conclusive opportunity to start with a clean slate, on a superb corner block, that’s close to schools, shops and public transport. The location offers convenience and a family-friendly atmosphere, making it an ideal choice for those looking to establish their roots in a well-established neighbourhood.

With parkland opposite the property has an element of serenity and greenery, creating a perfect backdrop for your future home.

Whether you’re a builder looking for your next project, or a homeowner with a vision, this property’s potential could be your next exciting adventure! Don’t let this potential masterpiece in the making slip through your fingers.

Key Features + Bonuses:
• Land size: 774sqm
• Corner block
• Opposite parkland
• Convenient location
• Not-so-finished symphony of walls and footings
• Holes where the roofing should be
• May be accommodating a resident possum or other wildlife
• Overgrown with love (read: grass and weeds)

DISCLAIMER(s)!
1. Only for those who truly enjoy a little humour and a lot of adventure.
2. Property is not for the faint of heart or DIY novices.
3. Cranes, bulldozers and a magic wand not included.
4. The property is being sold in “as-is” condition.
5. Buyers are advised to conduct thorough due diligence.

Rates: $2,788 pa
Land tax: $4,529 pa
UV: $474,000
EER: 0.0
Block: 774sqm
Building: 215sqm