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Chalmers St, Redfern

2/246 Chalmers Street Redfern NSW 2016

Large Two-Bedroom Warehouse Apartment

This boutique apartment comprises of 128 sqm of contemporary split-level living.
Set in a small block of six apartments. Located at the Northern end of Redfern, with Central Station and Sydney’s CBD just a short walk away. Close to cafes and parks.

Open plan living areas lead to two courtyards. Modern gas kitchen with granite bench-tops opens out to alfresco eating. 2 spacious bedrooms with built-in wardrobes master with a full-size bathroom, balcony and air conditioning. Built-in study area with loads of storage
Rear lane access to secure parking.

  • Modern eat-in gas kitchen with granite benchtops
  • Spacious living areas,
  • 2 covered courtyards for alfresco entertaining
  • 2 bedrooms with built-in robes master with private balcony & ensuite
  • Spacious bathroom with internal laundry
  • Stylish fitted study area and storage
  • Secure parking

Blair St, Bondi

2/62 Blair St Bondi NSW 2026

Stylish Designer Apartment

First time leased-2 bedroom contemporary designer apartment. Set in a quiet secure boutique complex. Quality fixture and fittings throughout the property. Near new deluxe gourmet kitchen, with Bosch appliances and refrigerator. Spacious living and dining room. Polished timber flooring in all rooms. Close to Bondi beach, restaurants, coffee shops, and transport.

Master bedroom with walk-in dressing room and en-suite bathroom. 3 more spacious bedrooms all with built-in robes.
Large full bathroom with tub and separate shower, extra bathroom facilities within the internal laundry area.
The spacious patio leads to gardens and in-ground pool. Pool and garden maintenance provided once per month.
Garaging and storage.
Walk to the train station, shops restaurants and popular Lindfield school.

  • Open plan living and dining room
  • Gourmet kitchen with stone benchtop and quality appliances
  • Two bedrooms with built-in robes, master offers a study nook
  • Bathroom with separate bathtub & shower,
  • Polished timber flooring throughout
  • Internal laundry with washing machine and dryer
  • Storage room off the external courtyard
  • Conveniently located on the ground level
  • Walk to bus transport, schools, restaurants, and shops

Beaconsfield Pde, Lindfield

45 Beaconsfield Pde Lindfield NSW 2070

Recently Renovated Family Home in Sought After Location.

Tastefully renovated family home with timber flooring throughout, spacious multiple living areas with reverse cycle air conditioning.
Family room overlooks peaceful gardens and in-ground swimming pool.
Kitchen has been renovated to include modern fixtures, stone benchtops, new style gas oven and stove ideal for the gourmet cook. Dishwasher and much more.

Master bedroom with walk-in dressing room and en-suite bathroom. 3 more spacious bedrooms all with built-in robes.
Large full bathroom with tub and separate shower, extra bathroom facilities within the internal laundry area.
The spacious patio leads to gardens and in-ground pool. Pool and garden maintenance provided once per month.
Garaging and storage.
Walk to the train station, shops restaurants and popular Lindfield school.

Features:

  • Formal and informal living areas
  • Fully renovated kitchen with large gas stove
  • 3 bathrooms including en suite
  • 4 bedrooms, master with walk-in robe and en suite
  • Large internal laundry with bathroom facilities
  • Reverse cycle Air Conditioning
  • Timber flooring throughout
  • Rear entertainment patio
  • In-ground swimming pool
  • Rear lock-up garden shed
  • 2 car garaging and storage
  • Pet-Friendly
  • Low maintenance gardens
  • Walk to the train station and shops

It’s competitive out there! How do you make your investment property shine?

Like all markets, the rental property market has it’s ups and downs. The ups come about when there are more tenants than properties for rent. The downs happen because there is an abundance of properties available for rent.

With over 35 years’ experience, we’ve seen it all. There are no surprises but there are some invaluable tips we’ve picked up along the way. Here are 3 to help you lease your investment property faster.

Tip 1:  Market your property like it’s toothpaste!

In the current market, tenants can afford to be discerning. They will go from one property to another looking for the biggest bang for their buck and the property that best fits their needs. That means you need to be savvy with how you market your property – by understanding what type of tenant will be attracted to its qualities and promoting it accordingly. It also means the advertising and presentation needs to fit what they’re looking for.

Tip 2:  Inspect your investment property regularly!

Over time, wear and tear happens to every property. It’s likely you’ve experienced it in your own home and it’s the same with your rental property. If you haven’t visited your investment for 12 months or more, ask to inspect it now. You may be surprised by what you find and importantly, you’ll see how potential tenants will view it. Then visit a similar property in your area and ask yourself, how do they compare. That’s what your potential tenants are doing.

Tip 3:  Listen to your managing agent and get another opinion if it doesn’t sound right

If you trust your property manager, listen to their advice. Why? Because your property manager should be an expert in leasing properties. If he or she recommends you do some upgrades, maintenance or repairs before going to market, then you probably should. Alternatively, if you don’t trust your property manager, get another opinion and see if you receive the same advice.

Keep your eye of the prize

No-one wants an empty investment property – not you or your managing agent. So you need to ensure your property is appealing to high quality, potential tenants. That means having a well presented and maintained property that’s cleverly marketed.

At Stills Properties, we’re experts in finding the right tenant for our landlords’ investment properties. If you are currently DIYing the management of your investment property or, you’re not sure your current property manager is looking after you, get in touch by emailing propertymanager@stillsproperties.com.au or call Brigitte on 1300 091 638.

With a tenant in place, could you manage your own investment property?

When budgets are tight, it’s important to look at ways to trim expenses. For people with investment properties, it may be tempting to look at whether you really need a property manager – especially if you already have a tenant in place. But be careful. Recently, we met a landlord who is self-managing her investment property and now she’s found it’s cheaper to engage a property manager.

Here’s her story.

I wanted to trim our family expenses so I thought I would take over managing our investment property. After all, we had a tenant in place and he’d been there for a while without any problems.

A few weeks later, our tenant asked for a rental discount – not because he was in financial distress, but because he said ‘everyone else is’. The last thing we wanted was a vacant property so we agreed to his request even though it was a significant strain on our family budget.

The following week, the tenant requested changes to the conditions in the current rental agreement. We’re only part way through the lease!

I didn’t know what to do so I began searching online, trying to understand tenancy laws and how they applied in my situation. I spent hours and hours trying to figure it out. I couldn’t find an answer and meanwhile the tenant kept bugging me for changes.

I thought managing our investment property myself would help our family budget. But now I’m losing sleep, time with my kids and money.

If this happened to one of our landlords, this is what we would do:

  1. When the tenant asked for a rent reduction, we would investigate his claims. If he wasn’t experiencing financial distress, we would explain the rules around financial hardship eligibility and why he didn’t qualify.
  2. Before a lease is signed, there is some room to negotiate. Once the lease commences, both landlord and tenant are legally bound to the conditions in that lease (taking into consideration the changes implemented due to COVID-19). At Stills Properties, we take the time to educate each tenant on their rights and obligations under the tenancy agreement. Then, if a tenant asked for conditions to be changed mid-way through the lease, we would explain why that isn’t possible.

Our philosophy

Tenancy law is complicated, constantly evolving and now has some temporary changes due to COVID-19. As property managers, it’s our job to keep up with these changes so we can advise our landlords and tenants accordingly. Not only that, property management fees are usually tax deductible which means there are financial advantages in asking a professional to manage your investment property.

The rental market is challenging at the moment so now more than ever, landlords need the help and advice of their property manager.

If you are currently self-managing your investment property or simply looking for an experienced property manager, talk to Brigitte from Stills Properties on 1300 091 638 or email propertymanager@stillsproperties.com.au