Your agency has taken over the property management of a newly built 6 bedroom home with double garage in a new housing estate at BellaVista. The property was bought by the landlord for $2.5 million. The property is presently tenanted to a company director on a twelve-month lease. The landlord has agreed to maintain the gardens of the property and is very keen to ensure that the property is maintained in excellent condition. The landlord has asked you to report to them regarding how the property should be maintained over the next five years to ensure it maximises its value.Period for action 15 years Every 3-5 years 6-12 month Replace the alarm 8-10 years Yearly Every 3-5 years 25 years plus 25 years plus 6 monthly Yearly Yearly 6 monthly Yearly Maintenance Activity Replace fixtures, such as stoves, air-conditioning units, hot water systems Repaint internal rooms Replacing smoke detector batteries (nonlithium) Replacing smoke detector batteries (lithium) Replacing smoke detectors General repairs of fencing and gates Repainting of external areas Replacement of guttering and downpipes Upgrading of electrical wiring Testing smoke alarms Safety check balconies and balustrades Pest inspections Check for water leaks and mould Checking for damage to external cladding or brickwork Replacement of floor coverings, incl. carpet Check for rotten and loose material Checks for leaks, incl taps, toilet etc. Regrouting of tiled wet areas Replacement of timber fences (if applicable) Servicing airconditioners and ducted heating Checking of fixtures, e.g. stoves, airconditioning units, hot water systems, etc. Test electrical safety switches Check all lighting appliances Service swimming pool equipment (ifapplicable) very 3-5 years early monthly - yearly very 3-5 years 5 years plus early early early monthly - yearly Yearly Replacement of gutters and downpipes Checking and pruning of large shrubs and trees, if required Servicing remote control doors 25 years plus early Yearly Checks for mould Clean gutters and clear downpipes List other items for attention gardern maintenance - monthly - monthly monthly