What is build-to-rent
Build-to-rent, also known as multi-family housing, presents a modern approach to urban housing development. Typically, in this model, a developer creates and builds apartment complexes while maintaining ownership of the completed structure. Subsequently, the developer rents out these apartments to tenants and assumes responsibility for managing and up-keeping the entire complex. It's important to note that while this is the usual practice, there are cases where the developer may not retain ownership after construction.
The apartments can then be rented out by the developer, who manages and maintains the complex.
Benefits of having Connect Facilities manage your build-to-rent complex
Build-to-rent apartments and properties are designed to attract and retain tenants, as opposed to attracting a landlord who may never live there or an occupier who may not want to pay high owners corporation fees. The focus is on the renter, which means the buildings typically include a number of amenities that other types of complexes might not feature.
Connect Facilities manages many build-to-rent complexes and maintains the amenities and common areas, to ensure it is a safe environment for all occupiers.
An example of built-to-rent amenities that we maintain are; BBQ areas, gyms, yoga studios, communal working spaces, gardens and cinemas.
Latest Case Studies
Union Quarter Spotswood – A Build-To-Rent Triumph
This dynamic mixed-use development, comprising The McLister Apartments and The Hobson Apartments, is currently in progress. Designed to accommodate over 500 residents across 334 one, two, and three-bedroom apartments, it seamlessly integrates with retail spaces, forming a vibrant Town Centre that is poised to set a new benchmark in Melbourne’s west.
At Union Quarter Spotswood, our Regional Facilities Manager oversaw the entire journey, from the inception stages to the anticipated Settlement in the fourth quarter of 2023. This expansive project addresses a critical need for both retail and accommodation in Spotswood, a suburb experiencing remarkable revitalisation.
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EV Charging Integration and Adoption at Camberwell Village
The global trend towards the adoption of electric vehicles (EVs) is on the rise. The United Kingdom and France have announced plans to ban new sales of petrol and diesel cars by 2040, followed by Sweden and Scotland in 2032, and Norway as early as 2025.
Anticipating this shift, Australia aims to make electric vehicles competitively available by 2025. Consequently, the incorporation of EV facilities in new buildings has become a common consideration, both for marketing advantages and enhanced property value. Retrofitting charging stations in existing structures poses a challenge due to potential disruptions and overloads on electricity supply.
Connect Facilities facilitated the integration and adoption of EV Charging at Camberwell Village, to improve the overall sustainability of the facility and to accommodate the evolving transportation landscape for the residents.
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