How to sell a tenanted investment property
By | 13th Feb 19

Your how to guide to sell a tenanted property

If the time has come to sell your investment property, we’ve got some fantastic tips to guide you through the process.

Follow these easy steps to make the process easier for you, or speak to our Vendor’s Advocacy team to see how we can manage the sale of your property without the stress!

Let your tenants know – This is pretty straight forward. Giving your tenants plenty of notice is important as you won’t be able to organise open for inspections without doing so. It’s important to give your tenants enough time to process the news as this will help with the transition process and presentation of your property.

Prior Notice required – If you are planning to show through prospective buyers before your tenants have vacated, you will need to give notice to access the property prior to showing prospective buyers through. In Victoria, 24 hours is required before gaining access to a tenanted property.

Incentives are important – If you are showing prospective buyers through the property while it is tenanted, it’s a good idea to be amicable with your tenants to ensure the property is shown in the best light. You may want to offer a rental discount or offer regular cleaning to help show off your property as you may not have control over furniture or styling.

If you would like your tenants to vacate, you will need to understand your rental agreement. If you are within a fixed term agreement you cannot force you tenants to vacate, but if they consent in writing, you will be able to end your fixed term agreement. If your tenant is not on a fixed term agreement, in Victoria you are required to give 65 days’ notice to evict you tenant.

Make the process of selling your property a positive one. Our Vendors’ Advocates and Property Management experts are always here to step you through the process. Call our office to speak to one of our team members 1300 239 901 or email