Build to Rent
Housing affordability is a real challenge for everyday Australians, intensified even further by sharply rising housing prices during the Covid-19 pandemic. The percentage of Australians unable to access home ownership, and therefore renting long term, is on the rise.
Build to Rent models are specifically designed, built, and managed as a single asset for long term ownership and rental. Build to Rent developments seek returns from long-term rental income, rather than up-front sales or capital growth, driving an increased focus on tenant experience and satisfaction. Build to Rent targets the growing renter market seeking secure long-term rentals with increased amenity.
Key characteristics of Build to Rent include:
- Design
- Central location providing amenity and public transport.
- Building amenities and services befitting the size of the development (e.g., concierge, business centre, gym, BBQ facilities, pool etc)
- Longer term tenure
- Community creation and tenant experience
- Net income streams optimised through operational efficiencies.
Horizon Housing Realty is excited to already be part of a Build to Rent project and is working alongside our parent company CHL, and other investors and developers on future projects. HHR have a specific Build to Rent strategy to ensure achievement of tenancy and rental income targets in line with market expectations and experience. These plans can be tailored for various Build to Rent developments and will be informed by local market research and detailed comparative market assessments.
HHR has strong and proven operational capabilities with its experienced team of dedicated property managers and support staff providing real estate agency services across Australia. We are licensed in Victoria, Queensland, New South Wales, Western Australia, and South Australia managing over 1,400 properties.
Our operations are maintained using Australia’s leading real estate property management software and staff have access to professional training, education and resources through a comprehensive Australia wide property management knowledge base.