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.

48 Michie Street, Wanniassa ACT 2903

Sold

5
2
4
EER1.5

Land size: 987 m²

Exceptional Opportunity In An Ideal Location

Situated in the popular suburb of Wanniassa, this residence is an exceptional offering of a multi-purpose property consisting of two dwellings, thoughtfully designed with the flexibility to accommodate families at any stage of life.

The main residence consists of three bedrooms, updated kitchen and bathroom and light-filled living spaces with seamless flow. The rear self-contained unit comprises of a two bedroom, one bathroom layout with fully equipped kitchen and open plan lounge/dining area.

Enjoy summer months entertaining family and friends on the outdoor entertaining deck surrounded by exquisite gardens.

Whether you have an extended family or are looking for investment potential, you do not want to miss your chance to secure this rare lifestyle opportunity.

FEATURES

– Main residence consists of three spacious bedrooms with built-in robes
– Updated kitchen with quality appliances
– Updated bathroom with separate toilet
– Spacious formal living and dining areas
– Family room off kitchen
– Covered outdoor deck area, great for entertaining
– Ducted gas heating and evaporative cooling in main residence
– Rear self-contained unit with living area, fully equipped kitchen, two bedrooms and combined bathroom/laundry
– Reverse cycle air conditioning unit in lounge and main bedroom of unit
– Beautifully established gardens with feature fish pond
– Three water tanks connected to automated irrigation system
– Greenhouse
– Wheelchair access from the rear
– Huge four-car garage with storage
– Walking distance to playground, Wanniassa shops and Wanniassa Hills Primary School
– Proximity to Tuggeranong Town Centre, Woden Town Centre & The Canberra Hospital

WHAT THE SELLERS LOVE ABOUT THE HOME

1. The beauty and tranquillity of the gardens and waterfalls/ponds
2. The quiet friendly neighbourhood
3. Great location to everywhere, nothing too far away, walking distance to local shops

STATISTICS (all figures are approximate)

EER: 1.5
Home Size: 140m²
Unit Size: 70m²
Garage Size: 65m²
Land Size: 986m²
Land Value: $334,000 (2020)
Land Rates: $610 per quarter
Land Tax: $882 per quarter (only applicable if rented)
Rental Range (Main House): $550 – $600 per week
Rental Range (Unit): $420 – $450 per week
Rental Range (Whole): $750 – $800 per week