Park Street South Yarra One of the oldest streets in South Yarra, architecturally Park Street is also said to be the most interesting. One of the earliest subdivisions building began on the west side of Park Street in the early 1850s. By the 1880s during the boom much of the earlier more simple houses were…
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Caring about the environment we live in: it’s not merely the concern of your dread-locked cousin or raw vegan best friend. Increasingly, savvy property investors are turning their focus towards ‘greening’ their assets – driven not only to reduce their environmental footprint, but to improve their return on investment in the long-run, too. Here’s why…
You’re unlikely to become an overnight millionaire when buying, selling and renting properties, but it may be possible to create a sustainable, long- term investment portfolio by following a few steps to ensure your success. Here are our three key steps for property investing success. Identify Your Strategy As you establish and build your property…
Many a tenant and landlord relationship has become fraught with tension over the issue of gardening maintenance. Particularly when a property has once been a landlord’s treasured principal place of residence, with roses and lawns carefully tended. Gardens can be a real asset to an investment property, attracting tenants with a green thumb and a…
It is most common for a lease agreement term to be fixed for either six months or 12 months, and we are often asked by our owners, “Which length is best?” The approach that we take will often vary depending on your circumstances. For example, if your property is a long term investment for you,…
Cassell Street South Yarra Cassell Street is named after The Hon. James Horatio Nelson Cassell, a collector of customs for the Victorian Government. Originally bushland, Cassell purchased lot 33 in the early 1850s where he built “Hawksburn House” which was located on the intersection of what is now Cassell Street and Hawksburn Road. “Hawksburn House”…
Tenants are better educated today and are aware of the going rate for a certain type of property in a given location. This information is readily available to them simply by navigating the various websites available. In our experience, properties for which investors increase the rent to above-market levels have higher vacancy rates than those…
Daly Steet South Yarra The low-lying land and buildings of Daly Street South Yarra were originally owned by D.B. Daly, a landlord who didn’t spend much time in the area. Daly had a heavy mortgage load and carried out few repairs on the buildings in the area which had become known as a slum. In…
Rental Demand: What really separates rental properties in the minds of tenants, and what will they actually pay more for? As trends change, the answer to this question changes and as we continue to search for improvements in returns for our owners we’ve been asking tenants at opens about their likes, needs and wants. Here…
The property must comply with various safety standards required by legislation. Tenancy and other legislation demands that your property be safe for a tenant to live in. This relates to every aspect of the property including the operation of door and window locks, smoke alarm installation, pool fencing and registration, water compliance, railings and stairs.…