Selling Your Investment Property on the Sunshine Coast

Selling an investment property on the Sunshine Coast requires careful consideration, especially when a tenant occupies the property. This process is different from selling your own home, as it involves specific legal and logistical challenges. Here’s a guide to help you navigate the sale of your tenanted property and make informed decisions about your investment.

Tenant Considerations and Rights

Lease Terms: Before listing your property, it’s crucial to understand the terms of the existing residential lease. Any sale must honor the lease conditions, which cannot be changed without the tenant’s consent. While some buyers are content with a property that has a lease in place, others might want to move in before the lease ends, potentially complicating the sale.
Tenant Rights: If you recently signed a new lease (within the last two months) and decide to sell the property, the tenant has the right to terminate the lease and vacate. This is an important consideration when planning your sale.
Inspections: Your sales agent must obtain written consent from the tenant to conduct open homes, on-site auctions, and to include internal photographs in marketing materials. Securing this consent can be crucial to the success of your sale and may require negotiation with the tenant.

Why Investors Choose to Sell

As your lifestyle and financial goals evolve, you may decide to sell your investment property for various reasons:

Upgrading Investments: Taking advantage of down markets to enhance your portfolio’s net value.

Lifestyle Changes: Moving from an investment property to a home you plan to live in.

Debt Reduction: Selling to reduce financial obligations, often driven by lifestyle considerations.

Retirement Planning: Liquidating assets as part of a broader retirement strategy.

Diversifying Investments: Transitioning from property to other asset classes like superannuation or shares, particularly in response to changing market con

At Sanctus Partners, we understand the unique needs of property investors on the Sunshine Coast. Whether you’re selling a single investment property or reassessing your entire portfolio, our team is here to guide you through the process, ensuring a smooth and successful transaction tailored to your specific goals.

Sanctus Partners: Your property team

Selling, investing or developing, we’re here to support you every step of the way. Reach out to discuss your property journey—we look forward to connecting with you soon.

admin@sanctuspartners.com.au

0408 799 578

admin@sanctuspartners.com.au

0408 799 578

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