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.

Back to search

Properties > RED HILL > 4/22 Discovery Street, RED HILL ACT 2603

4/22 Discovery Street, RED HILL ACT 2603

Sold

Building size: 6 m²

Bargain buying in the Inner South

Entry-level investment property or first home proposition in prime Inner South location. Solidly built upper floor 2 bedroom apartment in small block of only 10 units positioned in tranquil leafy street just a short stroll to Red Hill shops and schools. Presented in tip top condition with stylish renovated bathroom, bright open-plan living areas, functional kitchen, separate laundry facility, new carpet and paintwork plus carport car accommodation. Currently rented on flexible terms at $360 per week.
* 2 bedroom apartment of approximately 52 sqm
* Secure upper floor position
* Solid full brick construction
* Bright sunny north aspect to living area
* Renovated bathroom
* Functional kitchen
* Recently repainted and re-carpeted
* Separate laundry facility
* Carport car accommodation
* Short stroll to Red Hill shops
* Currently rented at $360 per week
* Body corporate levies – $643.70 p/q
* Sinking fund contribution – $157.95 p/q