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.

5/15 Oliver Street, Lyneham ACT 2602

Sold

1
1
EER6.0

Building size: 51 m²

It's all about location!

Ideally located within walking distance to the light rail and Dickson shops is this spacious and light-filled one bedroom ground floor apartment. The home has been fully renovated, with premium finishes and appliances throughout, and is situated within a secure complex, making it the perfect home for the first home buyer, downsizer or investor. With only one owner since purchased off-the-plan, don’t miss your opportunity to secure this quality home!

FEATURES

– Ground floor apartment (no stairs) in the ‘Allure Gardens’ complex
– Approx. 3min walk to light rail stop and 5min walk to Dickson shopping and restaurant precinct
– Sporting and recreational facilities nearby (including Next Gen Health Club)
– Open plan living, kitchen and dining area
– Newly renovated modern kitchen with waterfell edge bench tops, LED lighting under cupboards, quality appliances (induction cooktop and combo oven/microwave) and great storage
– Two good sized courtyards, both with gate access
– Spacious bedroom with built-in robe
– Combined bathroom and laundry
– Split system heating and cooling unit
– Great storage solutions thoughout – pull out shelving, under bench storage on outer side of kitchen etc.
– Secure complex of only 21 apartments
– SIngle basement car space + large, secure storage
– Security intercom access

WHAT THE SELLER LOVES ABOUT THE HOME

1. Two full-size closets in the bedroom.
2. Separation between living+kitchen area and bedroom.
3. Privacy in boutique complex with close proximity to restaurants, gyms and public transport.
4. The brand new, premium kitchen.

STATISTICS (all figures are approximate):

EER: 6.0
Living Area: 51sqm
Courtyards: 22sqm + 27sqm
Construction: 2012
Developer: Madison Constructions
Rates: $594 per quarter
Land Tax: $834 per quarter (only applicable if not primary residence)
Strata Levies: $1,026 per quarter (admin + sinking fund)
No. Homes in Complex: 21
Rental Range: $500 – $530 per week