🏢📄 Selling Tenanted Units in Annerley

Why Investor Buyers Are Still Active — and What You Must Know About Form 18a

Published by Norton’s Real Estate – Tenant-Aware Property Sales Specialists in Annerley

🏢 Why Annerley Is Still a Smart Spot for Investors

Annerley continues to hold its ground in 2025 as one of Brisbane’s high-performing inner south suburbs for yield-focused buyers.

• Close to universities, hospitals, and transport

• Strong rental demand from students, medical staff, and city workers

• Lower vacancy rates than city-fringe towers

• Affordable purchase points under $750K

• Mix of classic brick walk-ups and modern boutique blocks

These traits attract investors who want long-term, low-maintenance rental income — and that makes selling a tenanted unit in Annerley a very real opportunity.

📈 Investor Snapshot: Why Buyers Are Paying Attention

If your tenant is paying market rent and the lease is stable, that’s an asset — not a hindrance.

📄 Understanding Form 18a — What Sellers Must Know

When your unit is tenanted, it is governed by the Form 18a General Tenancy Agreement under the Queensland Residential Tenancies and Rooming Accommodation Act.

✅ What Form 18a Means for Your Sale:

• You cannot terminate the lease early just because you’re selling

• The buyer must honour the existing tenancy until the lease expires

• You cannot move into the unit yourself — or let the buyer do so — until the fixed term ends

• The tenant’s rights continue uninterrupted throughout the process

📄 Many sellers (and buyers) don’t understand that even if a buyer wants to live in the property, they’ll need to wait until the end of the current lease.

🤝 Norton’s Approach to Selling Tenanted Units

We specialise in tenant-respecting, legally compliant sales that protect:

• Your rental income

• Your tenant’s rights

• Your property’s market appeal

• Your ability to sell quickly and cleanly

Here’s how we do it:

📄 1. Lease Review and Disclosure

We provide buyers with:

• Copy of the Form 18a

• Lease start + end dates

• Current rent + bond

• Any special terms (e.g. pets, increases)

🗓️ 2. Inspection Management

We schedule inspections with proper notice, under RTRA guidelines:

• Minimum 24 hours’ notice

• Maximum 2 inspections per week unless agreed

• Respectful timing for the tenant’s routine

🧾 3. Investor Pack Creation

Our buyer pack includes:

• Rental appraisal

• Lease conditions summary

• Recent sales in the complex

• Proposed increases (if due)

• Body Corporate information (if applicable)

💬 What Buyers Ask When Considering Tenanted Units

“When does the lease end?”
“Can I move in or do I have to keep the tenant?”
“Is the tenant paying market rent?”
“Have they been reliable?”
“Will the tenant let in the building inspector?”

We answer these questions upfront — and screen for buyers who are genuinely happy to inherit the lease.

📈 Pricing a Tenanted Unit: Key Considerations

Well-leased, tidy units in Annerley with 2 bedrooms, 1 bathroom, and 1 car space are typically selling in the $580K–$650K range, depending on complex size and finishes.

🏢 Can You Still Market to Owner-Occupiers?

Yes — but only if:

• The lease is ending soon (within 60–90 days), and

• The buyer is happy to wait for settlement or issue notice post-purchase

• The tenant is open to early exit (must be voluntary)

Otherwise, focus on investors. Norton’s targets:

• SMSFs

• Rentvestors

• Portfolio buyers

• Interstate investors

• Local couples who want to hold for the long term

📍 Selling a Tenanted Unit in Annerley?

Let Norton’s:

📄 Ensure your legal paperwork (Form 18a, Form 6, Body Corp disclosure) is correct
🏢 Communicate with your tenant professionally
📈 Market your property to serious investors
🤝 Negotiate terms that protect your income + rights
🛡️ Handle every stage of the process with care and compliance

📞 Contact Norton’s Real Estate – Annerley Tenanted Property Sales

📱 0488 496 277
📱 0415 279 807
📧 nortons.re@gmail.com
🌐 nortonsrealestate.com

⚠️ Legal Disclaimer

This article is general in nature and does not constitute legal or tenancy advice. Always consult your solicitor or property manager regarding lease conditions and tenant rights. Norton’s Real Estate disclaims liability for decisions made based on this content.