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 > Farrer > 5 Prescott Street, Farrer ACT 2607

5 Prescott Street, Farrer ACT 2607

Sold

4
3
2
EER2.5

Land size: 892 m²Building size: 200 m²

Tranquil Family Living in a Prime Location

A Willemsen designed home in a prime location and only a short stroll from the Farrer Shops and Farrer Primary school. This executive retreat offers warmth, stylish and private entertaining set among stunning landscaped surrounds. Combining light, an abundance of space and a well-designed floorplan, all in a convenient location.

FEATURES

• Fantastic location in a quiet street
• Willemsen design
• Split level open plan living with raked ceilings and solid Spotted Gum timber floors throughout
• Chef’s kitchen with open walk-in pantry, quality appliances including two Smeg ovens, Smeg induction cooktop, Sirius exhaust & Meile dishwasher
• Four large bedrooms, two with ensuites
• Main with walk-in robe and all other bedrooms with built-in robes
• Ducted gas heating to all rooms other than bathrooms and laundry
• Ceiling fans in all bedrooms and family room
• Large outdoor entertaining area with electric awning and wind sensor for protection
• Private back yard with beautiful, landscaped gardens, very low maintenance
• In-ground saltwater pool
• External access from backyard to main bathroom through laundry
• Garden shed and utility area
• Double garage automatic door
• Additional parking for boat / caravan plus circular driveway
• Alarm system
• Fantastic storage solutions throughout
• Solar system with 5kw Inverter
• 2 x instant gas hot water systems
• Stroll to Farrer Shops and Farrer Primary School
• Short drive to Woden and Erindale town centres

STATISTICS (all figures are approximate)

EER: 2.5
Living Area: 200m²
Garage: 34m²
Construction: 1971
Land Size: 892m²
Land Value: $812,000 (2024)
Rates: $1,123 per quarter
Land Tax: $2,284 per quarter (only applicable if not primary residence)
Rental Range: $950 – $1,000 per week