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.

4/50 Hillcrest Street, Crace ACT 2911

Sold $410,000

2
1
1
EER6.0

Stylish and spacious apartment with a courtyard

Set within the boutique ‘Newtown’ complex and just a short stroll from the Crace shops, this ground-floor apartment presents a fantastic opportunity for first-home buyers or investors.

The apartment features a spacious open-plan design that seamlessly connects the kitchen to the lounge, complemented by expansive floor-to-ceiling windows. It offers two generously sized bedrooms, each with built-in robes, and a stylishly appointed central bathroom. Outside, a large private courtyard provides a quiet retreat with direct access to the beautifully maintained complex grounds.

Ideally positioned within the Gungahlin, the home is within close proximity to the Gungahlin town centre and Gold Creek village. There are also several parks and ovals nearby to enjoy a picnic or a light stroll with your furry friend.

Features:
– Ground floor
– Reverse cycle heating/cooling
– AEG appliances
– Both bedrooms with built-in robes
– Well-sized courtyard
– European laundry area
– Underground carpark with storage cage
– Complex BBQ area

Figures:
Body Corp: $1,052pq
EER: 6.0
Living Area: 53m2
Courtyard Area: 29m2
Rates: $440pq
Land Tax: $560pq