One of many simple ways to justify charging higher rent is to identify small improvements which will make a big difference to your tenant’s comfort. Recently, I decided to upgrade the tapware, toilets, cooktop, rangehood and dishwasher in my lower North shore apartment which were the originals from 25 years ago.
The tapware consists of the older dual hot-cold system and were dated and leaky. The toilets had plastic cisterns which were not functioning properly while the kitchen equipment were less than effective having endured its fair share of battering through the years. The apartment was tenanted within a day of advertising and the new tenants were more than happy to pay a small premium for the brand new upgrades.