Downsize with flexibility and family at Seafarers

Subheading: Seafarers’ five-star amenity and unparalleled level of service offers downsizers a unique solution to multi-generational apartment living.

Recent data insights from the growing Seafarers community has revealed how the unique hotel-branded residences on offer are ushering forward a new era in apartment living, one that appeals to families of all ages and sizes, and helps downsizers realise their dreams of unimpeded apartment living.

Recent sales data has shown that more than 50 per cent of residents have reserved more than one apartment in the last quarter, purchasing additional homes for their extended family members in order to enjoy luxury apartment living, while still being able to host their loved ones under one roof.

“While it may seem unconventional at first glance, one of the biggest concerns for many residents is where they will accommodate guests, older parents or mature-age children when the need arises,” says Colliers director Brett Griffith.

“For downsizers, leveraging the equity from their old family home to invest in a second property within the same building presents a solution to this.”

After buying a home for himself, Seafarers purchaser Martin and his family have reserved additional residences for his sister and parents-in-law. A frequent global traveller well acquainted with 1 Hotels, he says the offering is unlike anything else on the market, and had encouraged his loved ones to take advantage of the unique opportunity.

“We want all of our family to enjoy this extraordinary property experience with us, so have bought extra properties for them. Friends have also done the same. I can see us all being together in this lovely environment enjoying all its services and assets, as well as everything the city offers,” he says.

Home to Australia’s first 1 Hotel property and Melbourne’s first international hotel-branded residences, life at Seafarers is inclusive of all amenity and services on offer within the building’s five-star hotel. In addition, the hotel provides an alternative opportunity for residents to have their friends and family stay with them under the same roof, but not in the same home.

“Speaking to our future residents, those downsizing find the hotel and included amenity a great comfort. Their day-to-day life no longer requires a four-bedroom home, but having children and grandchildren stay remains a constant. The hotel affords them the ability to have family stay, while at the same time enjoy the luxuries of a lower maintenance lifestyle,” says Riverlee development director David Lee.

“Our residents are optimising on the opportunity to share the convenience and lifestyle benefits of Seafarers with their friends and families, and that will ultimately play a really vibrant role in the fabric of the Seafarers community.”