Frasers switches serviced apartments to residential rental portfolio

George Sell George Sell Uploaded 05 May 2020

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Australia: Frasers Property Management has a selection of serviced apartments to its national portfolio of residential properties for rent.

The apartments are available under flexible rental terms from three to 12 months.

Frasers Property Management, the residential property management arm of Frasers Property Australia, has partnered with Frasers Hospitality Australia to make a range of CBD hotel rooms at Fraser Suites Sydney, Fraser Place Melbourne, Fraser Suites Perth and Capri by Fraser Brisbane available to the residential rental market.

The move is a response to the collapse in demand for conventional hospitality offerings due to COVID-19.

The prices range from AUD$600 per week in Sydney, $310 per week in Brisbane, $325 per week in Melbourne and $500 per week in Perth.

“These short-term, super-flexible, fully-furnished apartments are ideal for anyone experiencing housing uncertainty, or who needs quality self-contained accommodation but prefers not to commit to a long-term lease,” said Richard Kemp, national property manager for Frasers Property Management.

Apartment sizes vary depending on the specific property. The offer includes studio, one- and two- bedroom apartments, fully-furnished and self-contained, and most with full-sized kitchens, internal laundries, and some with balconies.

All four properties are centrally located in CBD or CBD-walkable locations, and parking is generally available at an additional cost.

 

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