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.

9/1 Fawkner Street, Braddon ACT 2612

Sold

3
2
2
EER6.0

Building size: 146 m²

Inner-city Chic!

A contemporary penthouse apartment with house-like proportions. This residence takes in leafy green scenes to Mt Ainslie for an inner-city experience that feels like an escape from the hustle and buzz of city life. In the boutique ‘Lagani’ development, with everything at your door step, it’s part of a thriving area, so close to the Lonsdale St precinct, with renowned pockets of dining and culture all around.

FEATURES

– Penthouse apartment with expansive 146m² (approx.) floorplan
– Huge 54m² (approx.) balcony, and two additional 6m² (approx.) balconies
– Private lift access
– Situated in a boutique complex of only 10 homes
– Good sized kitchen with granite bench tops, quality appliances and ample storage
– Segregated master suite with walk-in wardrobe, additional built-in joinery, and ensuite bathroom
– Two additional bedrooms, both spacious and with built-in robes
– Open plan living and dining with remote controlled blinds
– Huge main bathroom with spa bath
– Separate laundry
– Ducted reverse cycle air conditioning
– Intercom security system
– Secure basement parking, two spaces, and lock-up storage cage
– Freshly painted throughout
– New carpet in bedrooms
– Walking distance to the bustling Lonsdale St precinct, the Canberra Centre, light rail stop and bus stop

WHAT THE SELLERS LOVE ABOUT THE HOME

1: We found Fawkner Street to have the best of both worlds – only a couple of minutes walk from vibrant Lonsdale Street and a few more from the city, but removed enough to allow completely peaceful, relaxed living.
2: We always forgot we were living in an apartment – the place is so spacious and light filled and the separation of the master bedroom from the other rooms was perfect.
3: We were surrounded by lovely neighbours in the building, which has an incredibly proactive, hard working and committed Executive Committee.

STATISTICS (all figures are approximate)

EER: 6.0
House Size: 145m²
Balcony Size: 54m²
Homes in Complex: 10
Rates: $706 per quarter
Land Tax: $966 per quarter (only applicable if not primary residence)
Strata Levies: $3,891 (admin + sinking fund) per quarter
Construction: c2000
Rental Range: $850 – $870 per week

NOTE: The owners are prepared to pay the next 12 months special levies (approx. $16,000) as part of the sale.

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