expert-q-a

Investors Ask: Renovating with tenants

By Lisa Indge

Q. I own a duplex with a common property driveway. One of the two dwellings is currently tenanted and I want to renovate the untenanted half. What are my obligations to my other tenant?

A. Renovating is an exciting process for you, but let’s face it, your neighbours will probably not look at it the same way. You’ll be thinking about the future, maybe an increase in rent, whereas they will be focusing on the sound of the banging and drilling.

It goes without saying that you should firstly inform your tenant and direct neighbours of the date you will commence works and the anticipated date of completion. Comply with council guidelines and rules around safety, noise and rubbish removal. For example, what hours and days of the week are works permitted?

Whom should the tenant contact if there is an issue? Sometimes people just like to be heard. Be considerate, but also don’t pander to your tenant. Be open about the fact that there will be disruption as well as noise and be firm about what is reasonable.

As the driveway is shared you must not obstruct the driveway without the tenant’s permission and agreement. If you need constant use of the driveway during the works, negotiate this with the tenant beforehand by offering them a rent reduction.

Beware, your tenant may ask for a rent reduction as a result of the disruption to their “quiet enjoyment” of the rented property if the situation turns sour, and you obviously want to avoid this as far as possible. 

Lisa Indge, Managing Director, Let’s Rent

Do you have an investment question you would like answered? Send yours to [email protected]

Thank you.

Your enquiry has been sent to a local Aussie Mortgage Broker.

We will be in contact with you shortly.
Opps.

error occurred.
Unfortunately Aussie cannot attend to your home loan related enquiry at this stage as you must be a citizen or permanent resident.
Do you need help finding the right loan for your investment?
What Aussie do for you:
  • Give expert mortgage advice to help you find great investment loan deals
  • Help you maximise return by lowering financing costs
  • Save you time and effort by helping with the paperwork
First name
Last name
Location
Mobile Number
Are you an Australian Resident?
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BLUE BAY 49.18%
2.
PAMBULA 43.5%
3.
BERKELEY VALE 42.74%
4.
POINT PIPER 40.52%
5.
NORTH TURRAMURRA 38.12%
Investors Ask: Renovating with tenants
SPI logo