Frequently asked questions
Yes, CoLiving is legal. An increasing number of investors are utilising CoLiving properties as part of their investment strategy.
Yes, there are multiple lenders who provide residential loans for CoLiving properties. We can assist you with finding a suitable lender through our mortgage broker connections.
Yes, Insurance for CoLiving properties is available.
Yes, CoLiving properties have a much higher rental yield than traditional investment properties and as a result the demand for CoLiving properties should drive capital growth to be equal to or stronger than a traditional property.
All tenants are vetted with history checks and references in the same way as any investment property.
The leases are no different from residential leases on traditional properties being a minimum of 6-12 months.
Coliving properties are in high demand because they cater to a large segment of the rental market being individuals and people who would otherwise rent a studio or 1 bedroom apartment.
Yes, you can sell to another investor (most likely) or you can sell to a family. No one is going to complain about having the extra ensuites !
Contact us and we will guide you through the process which is similar to buying a traditional investment property.