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.

51/3 Martel Street, Denman Prospect ACT 2611

Sold $930,000

4
2
2
EER6.0

Building size: 163 m²

Fresh and contemporary with house-like proportions.

A generous and light-filled home designed for easy care living. This large, four-bedroom residence is perfect for first home buyers, downsizers, or astute investors. Fresh, contemporary, and featuring a bright northerly aspect (from the rear), it captures the essence of urban style with house-like proportions, good-quality finishes, and an ultra-convenient location. All of Molonglo’s amenities are within easy reach, including being moments away from, local cafes, shops, Evelyn Scott School, and only a short drive to Cooleman Court.

FEATURES

• North-facing aspect (from the rear)
• Modern kitchen with great cupboard and bench space, and quality Ilve appliances including an induction cooktop
• Downstairs powder room
• Open plan living and dining area
• Four bedrooms, all generous in size and with built-in wardrobes
• Master bedroom with walk-in wardrobe and ensuite
• Large main bathroom upstairs with separate toilet
• Zoned (upstairs/downstairs) ducted reverse-cycle air conditioning
• Double glazed windows throughout
• NBN fibre to the home
• Instantaneous hot water
• 13.3 kW solar panel array and Level 2 EV charger
• Understair storage
• Double garage with automatic door and internal access
• Huge 54m² rear courtyard with easy-care gardens
• Drip irrigation system in gardens and grass with WiFi controls
• Walking distance to Molonglo’s nearby nature trails
• 10 minutes’ walk / 3 minutes’ drive to the Denman Prospect shops, including an IGA, cafe, gym, bar, medical centre, dentist, childcare and community centre
• 15 minutes’ drive or 30 minutes by bus to Civic
• 5 minutes’ drive or 20 minutes’ walk to Evelyn Scott School (P-12)
• 10 minutes’ drive to Cooleman Court
• 15 minutes’ drive to either Westfield Woden or Westfield Belconnen

WHAT THE SELLERS LOVE ABOUT THE HOME

1. We love the modern spacious kitchen with the large stovetop – great for hosting and cooking for large groups of people.
2. The community at Otto was lovely, neighbours were very friendly and there was a sense that everyone cared about the development. It’s also very quiet.
3. The amount of light downstairs was so lovely all year round. It never felt cold and dreary, even on overcast winter days because there was so much light coming through downstairs – that and the double glazing did a fantastic job.

STATISTICS (all figures are approximate)

EER: 6.0
Living Area: 163m²
Courtyard: 54m²
Garage: 37m²
Construction: 2023
Strata Levies: $553 per quarter
Rates: $637 per quarter
Land Tax: $881 per quarter (only applicable if not primary residence)
Rental Range: $830 – $860 per week