5 Top Lifestyle Features Desired by Luxury Renters in 2024

Luxury Living: The Rise of High-End Rentals

In today’s urban landscape, luxury living isn’t just reserved for homeowners. With an increasing number of renters seeking premium features that complement their inner-city lifestyles, developers are innovating to meet this demand. Build-to-rent (BTR) developments are at the forefront of this trend, offering upscale amenities and flexible arrangements to cater to modern renters. Let’s delve into the key features and advantages of luxury rentals in 2024.

Advantages of Build-to-Rent Living

According to PropTrack economist Anne Flaherty, the build-to-rent model offers several advantages that renters are willing to pay a premium for. These include security of tenure, with the option of signing multi-year leases, and access to better amenities and onsite support services.

Key Lifestyle Features

Here are five lifestyle features that renters seeking luxe accommodations are prioritizing in 2024:

1. Flexible Arrangements: Unlike traditional renting models, where flexibility is limited, modern renters desire flexibility along with a range of on-site amenities and community-focused environments. At Home, lease periods can be negotiated from six months to six years, with fixed rent increases available for multi-year agreements. Additionally, tenants have the freedom to make cosmetic changes to their space, including painting walls, and can skip open inspections with private one-on-one tours available by appointment.

2. Wellness Facilities: Keeping fit and mindful is crucial in today’s culture, but it can also be expensive. Residents at Home have access to a variety of wellness features, including yoga and Pilates rooms, state-of-the-art gyms, saunas, and pools, providing convenience and cost-saving benefits. Optional add-on services such as wellness treatments, personal training, and pet walking further enhance the resident experience, promoting a healthy lifestyle.

3. Specialized Services: Premium rental properties should offer luxurious service offerings to justify the premium rent. Home Southbank provides a range of high-end services, including a pet spa, shared Tesla, 24/7 concierge, and on-site maintenance professionals. Safety and security are prioritized, with a dedicated team of handymen available to address any maintenance issues promptly.

4. Central Location: Luxury living often goes hand in hand with a central location, eliminating long commutes and providing easy access to urban hubs. Home communities in Richmond and Southbank offer proximity to Melbourne CBD and inner-suburban areas, with convenient access to trains and trams. Luxury amenities and social activities foster connections among residents, further enhancing the appeal of central living.

5. A Sense of Community: Home fosters connections among residents, encouraging social interaction and exploration. With a dedicated events manager planning regular activities such as social drinks, craft workshops, and art tours, residents have ample opportunities to connect with like-minded individuals and explore their local neighborhoods. This sense of community is particularly attractive for interstate and international relocators, fostering friendships and enriching the rental experience.

Conclusion

In summary, luxury rentals in 2024 offer more than just a place to live – they provide a lifestyle tailored to the needs and preferences of modern renters. With flexible arrangements, wellness facilities, specialized services, central locations, and a strong sense of community, premium rental properties are redefining urban living. Whether you’re seeking convenience, luxury, or social connection, luxury rentals like Home Southbank and Home Richmond offer an unmatched living experience in the heart of Melbourne. Book your private tour today and experience the future of renting firsthand.

FAQs

Q: Can tenants negotiate lease periods at Home?**
A: Yes, lease periods at Home can be negotiated from six months to six years, offering flexibility to tenants.

Q: What wellness facilities are available at Home?**
A: Residents at Home have access to yoga and Pilates rooms, state-of-the-art gyms, saunas, pools, and optional add-on services such as wellness treatments and personal training.

Q: What specialized services are offered at Home Southbank?**
A: Home Southbank provides a range of high-end services, including a pet spa, shared Tesla, 24/7 concierge, and on-site maintenance professionals.

Q: How does Home foster a sense of community among residents?**
A: Home organizes regular activities such as social drinks, craft workshops, and art tours, allowing residents to connect with like-minded individuals and explore their local neighborhoods.

Q: Are Home communities centrally located?**
A: Yes, Home communities in Richmond and Southbank offer proximity to Melbourne CBD and inner-suburban areas, with convenient access to trains and trams.

 

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