ACTPLA Commercial or Rural Land Rent Accounts

The ACT Government grants and manages two broad types of leases, nominal rent leases and rental leases. Nominal rent leases are granted upon payment of a premium typically for 99 years, and include rental of 5 cents per annum, as and when demanded.

Most leases are nominal rent leases. Other leases are granted with the requirement to pay land rent usually on a quarterly basis. These leases are typically for community or rural purposes and are usually with a rental reappraisal every 3 years for terms of less than 99 years. Land Rent is separate from Land Tax and Land Rates.

For more information visit the Environment and Sustainable Development website.