Being a landlord offers many benefits: amongst them, a time-proven way to build wealth via the security of ‘bricks and mortar’, plus the potential to reduce your tax liability whilst retaining an asset of considerable value. It isn’t all beer and skittles though – being a landlord can also place you at risk should you…
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Coolullah Avenue South Yarra Coolullah Avenue is a cul-de sac located on the west side of Williams Road just south of the Toorak Road intersection. The area was first offered for sale as part of lot 30 at the crown land Auction in June 1849 and the allotment was 20.8 hectares. In 1851 James Horatio…
If you’ve ever had your home or car broken into, you’ll know it’s a deeply unsettling experience. More than just the value of the objects stolen, the knowledge that your space or property has been intruded upon is worrisome. With that in mind, have you given your investment property a security audit recently? Making sure…
Kensington Road South Yarra At the June 1840 land sales 21 acres were purchased by Mr Charles Williams at $66 per acre. When Charles Williams died his executors sold his property to George Mercer, managing director of the Port Phillip Bank for $1600 on 6th December 1843. Originally Kensington Road was named St. Edmunds Road…
When you have a portfolio of investment properties, staying on top of the rental market activity associated with each of their locations can be a herculean task. If you want to ensure that each of your investments are yielding the maximum returns possible, you’ll need to remain in close communication with your property manager to…
Most landlords are aware that great tenants pay their rent on time. But a number of investment property owners don’t know there are other benefits in having great tenants. In addition to paying the rent on time (which allows you to pay your mortgage on time) having great tenants also promotes goodwill within the community…
The first sale of Crown lands in Prahran, 1840, Lot 8 (20 acres) was purchased by George Augustus Robinson, who had been appointed Chief Protector of the Aborigines. Upon this site he built a house of stone, employing Aborigines to carry the rough stones up the steep hill from the Yarra Bank. The name of…
Property investment poses risks, like any type of investment, and one risk that can never be completely eliminated is the chance of having a bad tenant. This can either happen when a bad tenant has given false information that was missed at application stage, or they were previously a good tenant but their circumstances changed…
Occasionally, life plans change. You may have signed a lease agreement fully intending on owning the property for its duration – but you now realise that you need to sell your investment before the lease expires. What to do? Firstly, let us know your plans and inform our sales that there is a lease in…
Some of the things that start to show their age quickly in property are fixtures and fittings. While some fixtures and fittings may need to be updated due to damage or a fault in the item, knowing when to update things in your home is important. This keeps your home in excellent condition before you…