All Topics / Help Needed! / Pool in investment property
We will be renting out our old PPOR permnently. It has a fully fenced council compliant inground swimming pool. It is in Melbourne so swimming time is limited. What are your thoughts on what to do? Obviously leaving it as is would be the cheapest option but how do tenants go looking after a pool? We would have landlords insurance as well.
Hire a pool cleaner and add the cost to the rent.
Thanks ivrage. My concern with this way is how often would be deemed sufficient to get the cleaner in. Would tenants then not do anything such as check chlorine levels. Would they then say it was our fault if someone got an ear infection or something?
Does anyone else have experience with pools & tenants?
Fill it in and make a herb garden.
Costs many thousands of dollars to get rid of the pool.. Received quotes from $5000 to $15000.
Generally, you make it a condition of the lease that the tenant must maintain the pool. You are required to provide the tools ie vacuum cleaner, brushes, net, test kit etc and some chemicals to get them started.
If in doubt, get an agent to handle the first lease (get a copy from the agent so you know what additional clauses they have put into the lease & what your obligations are towards the pool & property management in general) then manage the property yourself if you feel up to the task.
?? Drain the water out of it and build a deck over it. That way it can be converted back into a pool whenever you want
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
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