Build to Rent
An Appealing New Option for Australian Renters
Australia’s housing market historically has only ever offered two choices if you’re looking for a place to live - rent or buy. As lifestyles and wants have changed, the housing market has finally caught up and there is now a third housing option.
We are all familiar with the two choices that have been available when it came to a place to live (that wasn't with the parents):
Rent a property for a typical 6 or 12-month lease
You might have a good location and amenities, but if your lease isn’t renewed at the end of the term, more often than not you’ll need to start the whole moving process again.
Save up to buy a property
You have the security of not having to move, but might have to compromise on your ideal property’s location or condition if you don’t want to exclusively eat two-minute noodles for the next 30 years.
But listen up – there’s now a third option in town. LIV combines the best of both worlds to offer the flexibility, centrality and amenities of renting with the stability of tenure offered with buying property.
Ok, so what exactly is LIV?
LIV is designed and built entirely for renters. Everyone who lives at LIV is a renter. With modern apartments, amenities and lifestyle features all centred around helping renters find a place to call home. We build brand new apartments in great locations which we only lease, we do not sell them. That means you don’t need to worry about your rental being sold out from underneath you. At the end of your 12-month lease you can choose to renew and if you’re looking to upsize or downsize we can even help you explore other available apartments at LIV, although we don't restrict these movements if your lease is still current, you can upsize/downsize as and when you need (provided we have available apartments).
What we want to offer is a home that renters stay for years to come with no moving stress but also provides time for you to settle in, make it your home and become part of the community, often not afforded to renters with the constant moving in and out of rental properties. We can hear your sighs of relief at this point!
"It’s an increasingly popular model for tenants who don’t want two levels of hassles in their lives – landlords and strata committees" www.flat-chat.com.au/build-to-rent-boost/
- Co-working spaces within your very building, equipped with everything you need to work from home.
- Shared barbecue areas, commercial kitchens and a cinema space where you can catch up with neighbours and friends.
- An apartment where you can really feel at home, including having pets, painting the walls and hanging your artworks up with actual nails (so say goodbye to those flimsy removable hooks that always seem to fall down in the middle of the night).
- Beautiful common garden areas including play spaces for the kids, dog-friendly grass and even pet-washing stations.
- Bike share options, storage and car parking as needed.
- An onsite Resident Services Ambassador who can help you settle in and explore the local area.
Hmm, this all sounds a little too good to be true. What’s the catch?
There is no catch! LIV takes its cues from the build to rent housing model, which is a tried-and-tested model that’s been popular overseas for some time now. We’re in the midst of bringing this third housing option to Sydney and Melbourne, with LIV Indigo at Sydney Olympic Park and LIV Munro opposite Melbourne’s Queen Victoria Markets.
LIV could be the solution you’re searching for when it comes to secure and lifestyle-focused housing. If you’re intrigued by LIV in NSW and Victoria, then we encourage you to check out the neighbourhood and enquire about apartments so you can be some of the first to take advantage of this new way of life.