If you own a property that you want to rent out, preparing it well is the key to finding good quality tenants and achieving the highest rent possible.
Here are some top tips to prepare your property before leasing it.
Ensure your property meets Legislative requirements
You must make sure that your property complies with the Act.
- Smoke Alarms and Residual Currency Devises (RCD’s) are compliant
- Minimum Security requirements are met for door and window locks
- Blinds and curtain cords on windows are secured
- Fencing and gate latches to pool areas are in good working order
Make your property attractive and desirable
The kind of tenants you attract to your property depends upon its condition. Tenants who pay top rent are looking for a well-presented property. Weed-free gardens, mowed and edged lawns and a sparkling clean home set a standard at the beginning of the tenancy.
Take care of the repairs
It is possible to overlook or ignore some issues when you are living in a property. But when you decide to lease it to tenants, you must make sure that all repairs have been carried out. Having appliances such as your air conditioners, dishwasher, and remote garage door serviced, helps to reduce unexpected maintenance issues.
You should also look at when the property was last painted and floor coverings replaced. These are depreciable items and may not be covered if damaged when the tenancy ends. If you decide to replace floors and repaint, we recommend choosing a neutral colour, that doesn’t date. Repair or replace fixtures that are broken, ensure all lights have working globes and test and repair any reticulation to present your property in an excellent condition to prospective tenants.
Improve the curb appeal
You can’t change the location of your property, but you can certainly enhance the curb appeal to attract good tenants. Clean the driveway, mow the lawn and prune the shrubs, and add some low-cost flowering plants to create a nice, fresh impression.
Once you have taken care of the structure, the interiors, and the curb appeal, we can start marketing your investment property to attract the highest quality tenants.