Why would the tenants of this comfortable wooden-floored home with sweeping views of an Australian landmark go rent-free when they first move in?
- A landlord offers fifteen days of free rent to tenants
- Instead, the money can be spent on the cost of the move.
A new rental listing near the beach won’t cost tenants a dime for the first fortnight in a rare gesture of goodwill from a landlord.
The three-bedroom house in 120 East Derwent Hwy overlook Hobart’s famous Mount Wellington landmark from Lindisfarne, on the city’s east coast, for $525 per week.
During the first two weeks of the lease, the property owner has said that he does not expect to pay any rent and that the money can instead go toward the tenant’s moving expenses.
Property includes large patios, hardwood floors and fresh paint. Pets will also be considered, per listing by Kunama Property Management.
This is not the only Australian gambling house to offer this type of incentive, although it is one of the most generous.
This three-bedroom house at 120 East Derwent Hwy overlooks Mount Wellington from Lindisfarne, on Hobart’s east coast, for $525 per week
During the first two weeks of the lease, the property owner has said that he does not expect to pay rent and that the money can instead go towards the cost of moving out the tenant.
Another three-bedroom home in Prahran, Melbourne, has a free week of rent for renters looking to get their move off to a good start.
The 1940 style apartment located in 2/2A Craven Street advertises the first week free as long as the new tenant can start the lease within a week of being accepted.
These offers come as the rent crisis continues to grip the country, with most capitals experiencing routine rent increases starting in June of this year.
In parts of Sydney, rents have risen by more than 30 percent as an influx of international students pushed up prices in Australia’s most expensive rental market.
The heart of Sydney saw its rent increase by 29.2% to $1,042, while Melbourne’s CBD saw a 28.4% increase, bringing rents to $664.
Rent increases of more than 20 per cent were recorded in parts of Brisbane, with double-digit increases also occurring in Perth and Adelaide.
A 1940s-style apartment at 2/2A Craven Street in Melbourne advertises the first week free as long as the new tenant can start the lease within a week of being accepted.