In recent years, shared accommodation has become increasingly popular due to lack of housing supply and rental affordability.
Co-living ticks all the boxes for both renters and investors, by providing rental affordability for tenants, and superior returns and capital growth for investors. Co-living has the potential to generate up to 10% yields with three income streams!
Residents enjoy shared amenities like a laundry with a washer and dryer, air-conditioning, DATA, and TV points in each bedroom. The open-plan living areas include individual lockable pantries. Additionally, two tenants have garage space, and one tenant has a second living area.
Many renters cannot afford or do not need to rent an entire house. Tenants increasingly prefer not to live alone and pay for unused space. Co-living addresses this by offering a concierge service to singles and couples, improving affordability and reducing social isolation.
Co-living can deliver more than double the rental return of traditional investment properties, offering up to 10% yields and three separate income streams from tenants. This maximizes profit and meets the growing demand for affordable, shared living spaces.
If you would like to learn more about co-living investment opportunities, contact us.We provide low deposit solutions in South East Queensland, Victoria and Regional New South Wales.
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