When looking for a rental, whether it be a home or apartment, it can be difficult to find one that suits your needs; especially if you’re wanting something a step above a standard rental. Properties that ooze that wow factor are known as executive rentals; premium properties that are fully furnished and full of special amenities, often located in sought after suburbs. For those that are new to the world of executive rentals, below is the list of some of the benefits of renting an executive prop
One of the major benefits of living in an executive rental is that they often come completely furnished, allowing you to live comfortably the minute you set foot through the door. Better yet, executive rentals don’t just have any old furniture, the owners will have specifically purchased high quality furniture to match the aesthetic of their home. If your executive rental is in an apartment building, these luxury buildings will either have supplied furniture of their choice or have guidelines that each apartment owner has to adhere to, including selecting furniture that fits the aesthetic of the hotel. Executive rentals will also usually have a selection of premium appliances included such as a coffee machine, toaster, blender and electric kettle.
Executive rentals are classed as executive not only due to their aesthetic features, but also because of the location they’re in. Often located in sought after areas, executive rentals provide tenants with easy access to some of the city’s best local cafes and restaurants, shopping centres, parks and walking tracks without even having to jump in your car.
In Brisbane, some of the top suburbs for executive rentals are:
- East Brisbane
- Norman Park
In many of these suburbs, the median house purchase price is in the low-mid $1 million, whereas the median rent price is less than 10% of the median purchase price. This means that people who may not be able to afford to buy a house in their dream suburb, can sign on to a beautiful rental instead for a fraction of the price.
If you’re leasing an executive rental in an apartment block, the building will often have a selection of premium amenities that are included in your rental agreement. This might include access to a swimming pool, gym, barbecue area and onsite cafe, with some buildings even having a cinema, spa centre, day care services and more. If your executive rental is a home, it will often have a range of luxury “nice to have” inclusions such as a pool, tennis court, wine cellar, walk in robes and ensuites in every bedroom, a large carport or a gym. Having access to these amenities included in your rental agreement means you can save money on paying these expenses externally, with some gym memberships costing up to $70 per week.
One of the major benefits of living in an executive rental apartment is the high security that you simply cannot achieve in a regular home or apartment block. Luxury apartments have 24/7 high security surveillance with multiple security guards manning the entrances in addition to automated doors and windows that alert guards of trespassers.
If you’re living in a luxury apartment, the building will often have a cleaning service available. Depending on the apartment, the cleaner may be included or come at an extra cost, but this can often be negotiated in your rental agreement. Having a cleaner is perfect for busy renters who don’t have time to clean their apartment as part of renting means you have to keep your apartment maintained in line with Property Managers standards.