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Page 20

EASTERN SUBURBS

20 REAL ESTATE

Ed 17, Mar - Apr 2020

DARLING POINT, darling home Darling Point was known as 'Yaranabe' by the local Aboriginal people during the early days of the colony. It was renamed to Mrs Darling’s Point to recognise the wife of Governor Ralph Darling and later it was simplified to Darling Point. From the mid-1800’s the emerging gentry of the colony purchased lands and built their gentleman’s home called a ‘villa’ in Darling Point.

themselves as a social grouping and at the same time display their success.

They created an enclosed society outside of Sydney town by having their own laws, manners and customs, even their own song “The Darling Point Polka”. In late 1850's a Sydney magazine 'The Month' referenced the Darling Point residents ‘Darlingpointians’.

The gentry shared common interests in picturesque gardens, gothic architecture and science. They brought the society together by building St Mark’s church, establishing schools and bus service to the town, inviting neighbours to dinners, balls and concerts in fine manners and fashionable customs.

The 'Darlingpointians' were the emerging gentry of the colony. The new and picturesque harbourside suburb was a perfect place to create a good home for their families so that they could differentiate

Today, what the modern 'Darlingpointians' love about Darling Point remain the same. Serene atmosphere, picturesque water views, elegant homes close to the city and a strong sense of community. If you are new to the suburb, you can easily meet strangers who become new friends at the local hub, Richie’s Café, or attend the Tai Chi classes in McKell Park, or simply call me. Don’t forget to bring your good manners and cheerful appearance with you!

The initial requirement was to build only one villa with value at least 1000 pounds on each piece of the land purchased. The land in Darling Point was subdivided into 13 lots in 1833. By 1836 all lots were sold and by 1841 six villas had been built. Four of these villas survive today. They are Lindesay, Carthona, Mona and Percyville (later Greenoaks and Bishopscourt).

Very soon you will find you do not want to leave once you settle in the suburb. If you are thinking to sell or buy in Darling Point, the best person to help you is a true local – like me. I have quality buyers who can’t wait to call Darling Point home.

APRIL STRAUSS

THE AGENCY, 180 CAMPBELL PDE, BONDI BEACH 0414 690 218 aprilstrauss@theagency.com.au www.theagency.com.au

In May 2009, I turned down Darling Point Road to inspect an apartment behind Richie's Cafe, and a sense of peace and joy flowed through me. It was a strange feeling, but I immediately felt at home, perhaps it was the tree-lined street that reminded me of home. The stone gates of 'Babworth Garden' excited me, and I was curious about the history of the place. I signed the lease and moved in straight away. I had no idea that I had accidentally become a ‘Darlingpointian’. Nor, could I predict that I would meet another 'Darlingpointian' six years later (in Orme House in Marathon Ave) and marry him 9 years later at that same location.

New Tenancy Laws

During March, major changes to the residential tenancy laws take effect, with the new Residential Tenancies Regulation 2019 accompanied by amendments to the Residential Tenancies Act 2010. These are set to improve the position of tenants. For example, rent increases for continuing leases will be limited to once every 12 months. However, if a tenant breaks a lease early, mandatory set fees will apply to fixed-term agreements that are three years or less. This applies to agreements entered into from Mar 23, 2020.

SET BREAK FEES

The break fees are: • Four weeks rent if less than 25% of the lease had expired. • Three weeks rent if 25% or more but less than 50% of the lease had expired. • Two weeks rent if 50% or more but less than 75% of the lease had expired. • One week’s rent if 75% or more of the lease had expired. So, for example, in a 12-month tenancy agreement, a tenant would only be required to provide one week’s rent to their landlord to end their agreement early, if nine months (ie 75%) of the agreement had expired.

FOR SALE: WATERFRONT, 3 BEDROOM APARTMENT, YARRANABBE RD, DARLING POINT APRIL STRAUSS 0414 690 218

CPM MAKES STRATA MANAGEMENT EASIER RECTIFICATION ORDERS

Also from Mar 23, NSW Fair Trading will have new powers to resolve disputes between tenants and landlords over repairs, maintenance and property damage. This includes issuing rectification orders, a process which will also aim to support both tenants and landlords in resolving disputes over such matters.

SMOKE ALARMS

All NSW landlords will need to ensure that smoke alarms installed in the rented property are in working order or they can be penalised. To ensure smoke alarms are working properly, a landlord must: • Carry out annual checks. • Replace removable batteries in all smoke alarms in the period specified by the manufacturer, otherwise annually. • Repair or replace a smoke alarm that is not working within two days of becoming aware that it is not working. • Replace a smoke alarm within 10 years from the manufacture date, or earlier if specified by the manufacturer. For more information: www.fairtrading.nsw.gov.au/about-fairtrading/legislation-and-publications/ changes-to-legislation/new-residentialtenancy-laws

Adopting a Common Property Memorandum (CPM) can deliver several benefits for owners corporations and strata managers. Gary Adamson, Managing Director, Strata Management Services NSW, and REINSW Strata Management Chapter Committee Chairperson was part of a strata management working group that introduced the CPM.

WHAT IS THE COMMON PROPERTY MEMORANDUM?

The Common Property Memorandum is a publicly available document that specifies who is responsible for the maintenance, repair or replacement of any common property. It details responsibilities for everything from balconies, electrical, ceilings and courtyards to flooring, windows, plumbing and parking. The prescribed common property memorandum can be uniformly applied to any strata scheme. The CPM document cannot be modified except to exclude specified items that are not applicable or present at the property. Adamson says while the CPM document is only four pages long, it contains enough

detail and is specific enough to meet the needs of any strata scheme.

KEY BENEFITS

Adamson says the key benefits of adopting a CPM include providing certainty around common property responsibilities and making strata management administration easier. “A CPM makes everything uniform for the strata schemes where it is adopted. From a strata management point of view, strata managers won’t need to move between different reference documents for each property. By having the CPM in place for all the properties they manage they will save on administration time.”

ADOPTING A CPM

A CPM can be adopted by passing a bylaw for the individual strata scheme. Source: REINSW

Profile for Eastern Suburbs Life

Eastern Suburbs Life - Mar/Apr 2020 - Edition 17  

Informative articles by local writers, business professionals and community bodies covering Health & Wellbeing, Finance, Car Care, Local His...

Eastern Suburbs Life - Mar/Apr 2020 - Edition 17  

Informative articles by local writers, business professionals and community bodies covering Health & Wellbeing, Finance, Car Care, Local His...