Why More Downsizers are Opting for Apartment Living
Why downsizers like apartment living. From lock up and leave benefits to being close to cafes and restaurants.
If retirement is on the horizon and you're planning your next move, consider following this emerging trend. More and more empty-nesters are downsizing from their family homes and opting for the convenience and comfort of apartment living, in addition to freeing up some much needed funds in the process. Read on for our top reasons why apartment living could be for you.
As apartment developments are often located in well established urban areas, there's easy access to parks, shops, cafes and public transport. Once you retire, you will likely have more time on your hands, so you can join a local community group or club, find a new hobby or increase your daily exercise with walks or cycling around the area.
When you move into an apartment complex, you'll find there's often an access card required just to enter the complex. Not only for peace of mind, this makes your home much more difficult for thieves to target, and it's very rare for someone to slip through unnoticed.
You definitely won't need to worry about renovating when you purchase a brand new apartment. Strata will take care of the rest, including regular building maintenance, cleaning of communal areas, gardening and even putting the bins out!
Lock up and leave
If your grand retirement plan is to travel, an apartment is the ideal lock up and leave home. There's really nothing that needs maintaining while you are away, and you can feel confident that everything will be safe and secure upon your return.
Do Your Research
On The Developer Here's the big one. Make sure that the developer of the complex is a reputable one. Research their past developments and find out if they ran on time, the end result was of top quality and that they stayed true to their initial promises. This will give you a good idea of what to expect.
Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.
Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.