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.

8 Valder Place, Farrer ACT 2607

Sold

4
2
2
EER1.5

Land size: 961 m²Building size: 163 m²

Live the lifestyle, love the location!

Tucked away in the tree-lined suburb of Farrer, this free standing four bedroom home is easy living packed with potential. Well positioned on an elevated 961m² (approx.) block, perfect to live in while planning a future extension or upgrades, or simply move in and enjoy. With parkland close by and only a short walk to Farrer shops, Farrer Primary School and Farrer Ridge, this property is all about lifestyle and location.

FEATURES

– Elevated position with views from Isaacs Ridge to Black Mountain
– Quiet cul-de-sac location
– Large entertaining terrace with wonderful views and morning sun
– Cool front verandah retreat
– Generous formal living and dining areas
– Four spacious bedrooms, three with built-in robes
– Fourth bedroom also great as a study
– Master bedroom with ensuite
– Well-appointed kitchen with lovely outlook to Isaacs Ridge
– Meals area adjacent to kitchen
– Main bathroom with separate toilet
– Laundry with ample cupboard space and access to rear terrace
– Expansive, low maintenance backyard with vegetable garden and fruit trees
– Recently painted throughout
– New carpet and LED lighting throughout
– Ducted gas heating throughout
– Reverse cycle air conditioning unit to living rooms (6.7kW) and fourth bedroom (2.7kW)
– 1.5kw solar system on 45.7c/kw rebate for 25 years from installation
– New 315L electric hot water service
– Rear access to double lockup garage
– Under house workshop, wine cellar and loads of storage
– Walking distance to Farrer Ridge, Farrer Primary School & Farrer shops
– Short drive to Southlands shopping centre, the Canberra Hospital and Westfield Woden

WHAT THE SELLERS LOVE ABOUT THE HOME

1. THE TERRACE – time for tea with Dad and Mum counting the birds singing on the wires and eating cumquats as the camelias flower pink in the morning sun.

2. LOUNGE ROOM – tables filling the room for all the family on special occasions with the dining room table overflowing with prawns, lobster, lemon pie and fruit cake

3. THE WORKSHOP – building beautiful boats and furniture with Dad crafted in red cedar with silver ash trim

4. THE GARDEN – space for children’s play and growing vegetables and fruit for enjoyable eating and preserving

STATISTICS (all figures are approximate)

EER: 1.5
Home Size: 163m²
Garage Size: 42m²
Land Size: 961m∙
Construction: 1971
Land Value: $1,051,000 (2022)
Rates: $1,309 per quarter
Land Tax: $2,900 per quarter (only applicable if rented)
Rental Range: $850 – $880 per week