Landlords exposed

Quoted from EBM. CAN Estate Agents Pty Ltd is an authorised distributor of EBM landlord insurance.   A staggering 40 per cent of property investors have the wrong insurance. There are more than two million property investors in Australia, owning around 27 per cent of all housing stock in the country and providing homes for almost 31 per cent of the population who are renters. Yet an alarming number of landlords don’t have the right insurance. Figures from the Landlords’ Advisory Service reveal that 40 per cent of landlords do not have specialised landlord insurance. Consequently, many landlords are leaving themselves at risk financially. While many landlords have insurance for their investment properties, often it is only a standard home...

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Proposed changes could impact investors

Quoted from BMT New rules on claiming plant and equipment may affect you On Tuesday the 9th of May 2017 the government proposed changes to the depreciation of plant and equipment assets in the federal budget. This prompted a number of property investors to contact BMT Tax Depreciation to discuss how they might be affected. Understandably so, as the last major changes to depreciation legislation were made by the government in the mid 1980’s. The main concerns investors had were about the impact the changes would have on their existing arrangements, future purchases and more widely on the property market. The good news for investors is that properties purchased prior to 7:30pm on the 9th of May 2017 are unaffected, as the...

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Tips when you buying a property has the owners corporation

An owners corporation manages the common property of a residential, commercial, retail, industrial or mixed-use property development (Consumer affairs). When you are purchasing an apartment, flat or unit, then most likely you are buying into an Owners Corporation. Apart from the usual rates and taxes those who buy into an owners corporation are also required to pay OC fees. Whenever a lot is on the market for sale, the owners corporation is required to produce an Owners Corporation certificate which forms a part of Section 32, this certificate provides information in relation to the fees the lot is required to pay, any potential future expenses for the Owners Corporation and rules and regulations if any relating to the OC. Things...

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105/8 Daly Street South Yarra Vic 3141

Huge courtyard... Lucia apartments locate in most thought after location in south Yarra, close to Chapel Street and Toorak road but also close to public transport. Full filled nature light with great size, this apartment is your No.1 choice in South Yarra area. Facilities includes: - Resident lounge (Dinner room for parties) - Gym, sauna and steam room - Close to Melbourne High School - Outdoor swimming pool and spas To book an inspection time for any of our available rental properties, simply click on “Email Agent”. By registering for an inspection, you will be instantly informed of any updates, changes or cancellations to your appointment. General Features Property Type:Apartment Bedrooms:2 Bathrooms:2 Price per calendar month:$2,607 Bond:$3,000 Indoor Features Floorboards...

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304/60 Stanley St Collingwood Vic 3066

Modern Oxley 1 Bedroom Apartment Plus Study Area Conveniently located in the heart of Collingwood’s Foy heritage precinct is an exceptionally well maintained one bedroom apartment plus study area that has all the creature comforts you could possibly need! This is the perfect opportunity for a single professional or couple! Combining quality finishes with space and an abundance of natural light, this modern and well-appointed apartment features large bedroom with built in robes, stylish kitchen with stainless steel appliances, ample pantry and storage space, sleek bathroom, open living and dining space leading to a huge private balcony. Additional features include split system heating/cooling, secure undercover car space on title, large storage cage, secure video intercom entry. The building offers access...

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