Co-Living, we blend the desire for a community-focused and interactive lifestyle with the added benefits of enhanced personal space and privacy.
Co-living solution offers investors the unique opportunity to invest in purpose built 2, 3 or 4 bedroom designer homes, where 76% of people searching for rental accommodation are Singles or Couples.
Young professionals and white collar workers who might not be able to afford to rent on their own are nevertheless increasingly demanding a greater degree of personal space than a shared rental property can usually provide.
Co-living properties are purpose designed homes with features that create more privacy, like individual rooms with their own bathrooms, and other private spaces (such as private lockable pantries) in what is otherwise a conventional 2, 3 or 4 bedroom, modern house.
In this way, a single tenant or a couple in a co-living property get the best of both worlds — privacy when they want it, combined with a built-in social group and ongoing support from housemates, with the added bonus of no owner or landlord living on the premises.
Just as many conventional rental properties do not fully meet the needs of tenants, at the same time landlords, property owners and investors are not always obtaining the levels of rental income that they might from properties that are capable of housing multiple tenants, as the available space is not being fully utilised.
However, a 2, 3 or 4 (or more) bedroom house with self-contained bedrooms could potentially bring in significantly more rent through letting out these rooms individually.
Co-living Homes deliver up to 80% more income than a standard investment property.
In this way, the entire space is being utilised more effectively, which leads to a significant increase in rental income.
In addition, having multiple rental agreements on the same property means that if one of the en-suite bedrooms is vacant for any length of time, there is still income coming in from the other room(s).
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