New homes with secure leases for renters,
In today’s challenging housing market, finding a suitable home can be particularly difficult, especially for those who are renting.
Typically, renters lack the security, personal styling options, and amenities that homeowners often take for granted. However, this situation is changing.
The recently completed build-to-rent development, LIV Aston by Mirvac, is located in Melbourne’s up-and-coming North Wharf precinct.
This development represents a new housing model that aims to transform the renting experience for many individuals and families.
At first glance, LIV Aston resembles any other residential development available for sale in the market.
It features 474 one, two, and three-bedroom apartments, catering to a variety of living needs and preferences.
Additionally, it offers diverse health and wellness, work, and entertainment amenities in a desirable CBD-edge location.
Conveniently situated on the corner of Flinders and Spencer streets, it’s near the emerging Greenline project and the CBD.
Moreover, excellent transport links enhance accessibility, making it ideal for young professionals, students, downsizers, and families alike.
LIV Aston provides a unique experience for renters, as every apartment is rental-only with secure, flexible leases available.
These leases include all essential white goods, such as a fridge, dishwasher, washing machine, microwave, and dryer for convenience.
Additionally, pets are welcome, allowing renters to feel more at home in their living spaces and personalizing their apartments.
Moreover, renters can paint their walls and hang art, adding a personal touch to their living environment.
There’s also an attractive introductory incentive, offering three months of rent-free living for new tenants.
LIV Aston responds to Australia’s evolving housing market, where renting is becoming a long-term option for many individuals.
As a result, more people are renting for longer due to challenges with housing affordability and changing lifestyle choices.
Angela Buckley, Mirvac’s BTR sector lead and fund manager, highlights this shift in renting dynamics and options for tenants.
“We are bringing the best of renting and owning together, providing people with another choice for their living arrangements,” she states.
Furthermore, the aim is for customers to stay as long as it suits them, whether long-term or short-term.
Renters have the flexibility to choose the length of their lease, accommodating life’s inevitable changes as they arise.
For instance, job relocations, breakups, or desires to move into differently sized apartments can all be easily managed.
Because Mirvac owns and manages the entire building, they can offer tailored solutions to meet tenants’ needs effectively.
Mirvac launched its first property in 2020, and the build-to-rent model has proven successful, attracting over 1,300 residents.
These residents currently live in various developments across Sydney and Melbourne, showcasing the model’s appeal and effectiveness.
LIV Aston marks the second build-to-rent development completed by Mirvac in Melbourne, with plans for a third project underway.
Additionally, another LIV by Mirvac is set to open in Brisbane soon, expanding their presence in the rental market.
In contrast to typical rental properties, where personalisation is often discouraged, LIV by Mirvac promotes a new level of freedom.
Residents are encouraged to paint their walls and hang art, allowing them to truly make their apartments feel like home.
“We want our residents to feel at home,” Buckley explains, emphasizing the importance of comfort in their living spaces.
Moreover, Mirvac also offers furnished solutions for residents who prefer a complete living arrangement from the beginning.
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LIV Aston is thoughtfully designed with pet owners in mind, which is a rare consideration in the current rental market.
“We have a dedicated pet park on level five, providing fantastic city views for both pets and their owners to enjoy.”
This pet-friendly approach has become a significant draw, with over 20 percent of residents proudly owning pets.
LIV Aston represents more than just a place to live; it embodies a vibrant lifestyle for its residents.
With diverse amenities available, residents can enjoy a fully equipped gym and a 25-metre lap pool for fitness.
Additionally, traditional and infrared saunas, co-working spaces, and a pet park enhance the overall living experience.
There are also pet wash facilities, private dining rooms, and a cinema room for entertainment and social gatherings.
Furthermore, outdoor terraces equipped with barbecues provide residents with spaces for relaxation and gatherings with friends and family.
Overall, LIV Aston offers everything needed for a balanced life, all conveniently located under one roof.
