ALERT! FIRST HOME BUYERS!!
LISTEN IN! For a great alternative to what’s been on the market over the past decade in Melbourne … why not Sydney?
The Nightingale … ‘The Commons’ … a Model that has already been successful in parts of Europe … costs are shared for green/renewables power costing as little as $42 a month… even less for some, share laundry …up on the roof … allows more living space in each apartment
Double and triple glazing keeps the noise and heat out … even when located next to a railway line
FINALLY who’s the developer? No-one
Re-imagining the block part one
Tuesday 3 September 2019 (view full episode)
If you’re searching for somewhere to live in some kind of apartment style building, you’d be forgiven for thinking twice about buying anything recently constructed or even off the plan.
The poor building practices revealed in the last 12 months have seen residents evacuated from apartment blocks sporting a range of deadly defects – from cracking foundations to flammable cladding – as developers squeeze every last dollar at the expense of quality and safety.
But what if there was another model?
Where the bottom line wasn’t profit, although backers do make money, and the residents buy below market value, but then can’t make a killing if they on-sell?
This kind of approach to apartment life isn’t new in Europe, but it’s only about 12 years old in Australia.
It’s called Nightingale Housing and Michael Mackenzie took a tour through the prototype building that’s led to others across the suburbs of Melbourne.
His guides were residents Bronwyn and founding architect Jeremy McLeod.
Producer Michael Mackenzie: LIFE MATTERS RN
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