Make your investment property stand out

Gabi Somlai shares advice on how to make your investment property stand out to prospective tenants.

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Following is the video transcript

If you have a rental property that’s looking a little tired and dated and you’re wondering what to do with it, there are a few things you can consider to help it stand out.

This doesn’t have to mean spending a fortune, but keep in mind that any money you do spend will likely lead to increased rental income and better quality tenants, who are likely to stay longer.

So what do we advise property investors in this position? First of all, most tenants like updated kitchens and bathrooms. They don’t need to be brand new, but a new benchtop, cabinet doors, tiles or tapware can make a big difference.

Air conditioning, or even ceiling fans, are appealing. New flooring that is hard-wearing, won’t show every scuff and is pet-friendly, if you are open to pets, is also a good idea.

And for return on investment, a fresh coat of paint is always a good move.

Got any questions? Contact our team at Home Property Agents to discuss improving a tired and dated apartment today.