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Rooming and multigeneration
During my recent visit to Melbourne, came across an interesting concept from a builder:-
Rooming:-
In this concept, the house is a 5 bed room house and have 5 kitchenettes/toilets. This means that the house can have 5 tenancies created in it.
The builder claims that the house is built after approvals from the relevant authorities and returns a positive yield since the design is popular among students.
This design is becoming popular in Melton and Geelong areas of melbourne.
Multigeneration:-
In this concept, the house is innovatively built in a manner that are 2 tenancies that can be created within the house.
The builder claims that the house is built after approvals from the relavant authorities and returns a positive yield after all the expenses.
This house design can be constructed in any suburb in melbourne.