The Mornington Peninsula has long been accepted as a retirement mecca for many Melburnians. Add to this the coastal strip from Mordialloc through to Frankston and Bayside on Westernport from Somerville through to Hastings, Merricks and Flinders – all these areas are considered very desirable retirement locations.
However, with changing lifestyles many older people are now looking for options with less maintenance and obligations than a traditional home. Townhouses, units and apartments are super appealing to this demographic.
And as the population ages suitable blocks for strata development become available in correctly zoned areas, which include many of the locations previously mentioned.
Larger blocks can accommodate 6 to 8 townhouses, or 3-4 luxury townhouses. Again an apartment complex these days can be constructed allowing up to 60 squares per apartment – real space, real living, the SLR Concepts way.
A recent project completed saw SLR Concepts Team develop an apartment complex in Woodbine Avenue, Chelsea. The previous dwelling here was a standard 3 bedroom weatherboard home that had seen better days. Local Government recognises the limitation of such housing in that it is not suitable for renovation and acknowledges such older dwellings are situated on very large blocks. Consequently, a number of Councils have rezoned many areas to accept Strata Title and Dual Occupancy on such blocks.
The financial advantages to those owning such properties are obvious. And with modern construction techniques, large comfortable dwellings taking full advantage of natural light and space are the result.
SLR Concepts have constructed a number of such developments in both South East Melbourne, the inner North and in Ringwood North in the Outer East of Melbourne.
With modern conveniences that includes full climate control, data based household systems, water saving, clever use of outdoor and common areas, SLR Concepts achieve a truly sustainable building foot print on all of its projects.
Dual occupancy is another option for those owning suitable properties with larger blocks. It’s simpler to demolish the older dwelling and create two new dwellings of substantial size and comfort. Owners then have the option of a passive income from rent or making the choice to sell the second new dwelling for capital gain.
SLR Concepts will facilitate and confirm all permits and documentation required by local authorities, providing a stress-free process for clients, right through to ‘lock up’ stage
Call now on 03 5981 0661 or leave you details here for a prompt reply to your enquiry.
Real Space, Real Living, Luxury and Comfort.