Metropolitan Melbourne · Co-living property specialists
You could be sitting on $30,000 a year in passive income. Or you couldn't. The $550 session tells you which.
Most Australians approaching retirement have a super balance and a home. Very few realise their land, the block they already own, might be capable of producing a serious, ongoing income stream from a co-living property. Not a granny flat. Not a standard rental. A purpose-designed, multi-tenant dwelling that generates multiple income streams at once.
It's not new. Co-living has been a proven strategy for experienced investors for years. It's just new to most everyday Australians, and most property agents have no reason to tell you about it.
The $550 comes off your build if you proceed. The knowledge is yours either way.
Enable Group is a design and construction company specialising in high-compliance builds, not a financial adviser. Income figures are potential estimates only, not a guarantee. Results depend on your specific site, design and location. Nothing here is a planning assessment, legal opinion or financial advice. Always confirm current requirements with your council and qualified professionals. Full disclaimer below.
What makes this different
A co-living property isn't a granny flat. It's a specialised income asset.
A co-living dwelling is purpose-designed to house multiple tenants under one roof, each with their own private space, sharing well-designed common areas. Instead of one tenant paying one rent, you have multiple tenants each paying their portion. The income streams stack.
Done right, a co-living property can generate yields that a standard investment property, let alone a granny flat, simply cannot match. The difference between a $15,000-a-year rental and a $30,000-a-year co-living income from the same land is not luck. It is design, construction quality, location and compliance.
That is precisely why it is a specialist build. And precisely why the numbers have to be run properly before anything else happens.
Higher yield from the same land
Multiple tenants. Multiple income streams. One well-designed property.
Higher compliance, by design
Co-living properties carry more rigorous compliance requirements than standard rentals. That is not a problem. It is what protects the income stream.
Location-dependent
Co-living works in specific locations and not others. The Discovery Session tells you whether yours is one of them.
A co-living property that is designed wrong, built wrong, or in the wrong location will not perform. We will tell you that before you spend a dollar on construction, not after. That is what the session is for.
Before we go further, here's what we are, and what we're not.
We don't have properties to sell you.
We have no stock, no listings and no co-living 'opportunities' waiting for a buyer. We design and build them.
We don't have a sales office.
No display suite, no price list, no commission to earn on what you choose.
High compliance builds are our specialty.
Co-living, SDA, rooming house, Class 1B and Class 3 projects, plus childcare and medical centre delivery. We don't build standard investment properties. We build specialised, high-compliance assets that require expert knowledge to get right.
The asset class
It's not new. It's just new to most Australians.
Co-living is a purpose-built property designed from the ground up to house multiple tenants simultaneously under one roof, each with their own private space, shared common areas, and their own lease.
The yield difference over a standard investment property is significant, because you're collecting multiple rents from a single build on land you already own, not one rent from one tenant.
This is an established asset class. Institutional investors have used it for decades. What's changed is that planning and construction pathways now exist that make it viable at residential scale, on suburban blocks, in the right Melbourne locations.
Most property agents won't tell you this, because they don't build it. We do.
Designed right
Co-living has specific spatial, compliance and amenity requirements. A standard granny flat design doesn't produce co-living yields. The design has to be purpose-built for the tenancy model.
Built right
Higher compliance means higher construction standards. This is not a job for a generalist builder. The build has to meet the specific requirements of the asset class.
Right locations
Not every Melbourne suburb supports the co-living tenancy model at a yield that makes sense. Location is part of the feasibility, not an afterthought.
If all three conditions are met on your block, the income potential is real. If any one of them isn't, we'll tell you, and you'll know exactly why.
The retirement income question
You might be sitting on $30,000 a year in passive income. Or you might not be. The Discovery Session finds out which.
Most Australians approaching retirement have their superannuation in shares, a home they've nearly paid off, and no clear income plan for the other side of work. The standard advice is to buy an investment property. Pay the market price. Pay the agent's commission. Then hope a single rent covers the holding costs.
Co-living built on land you already own is a different calculation entirely. Multiple rent streams. Built at cost, without the acquisition margin. On a block you own outright or are close to owning.
For the right block, in the right location, the numbers can produce a retirement income stream that changes what the next twenty years look like.
For the wrong block, with the wrong location, dimensions or access, they won't. And knowing that clearly is also worth something.
That's exactly what the Discovery Session is for. Not a sales pitch. A number. Your number. For your block.
The $550 Discovery Session is a detailed strategy session with Enable Group's expert panel of architects, building consultants and our construction manager. By the end, you will know whether a co-living build on your land is viable, what it would cost at cost, and what it could realistically produce. If it doesn't stack up, we'll tell you, and the $550 comes back off your build if you do go ahead.
Before you start
First: is your land in the right position for this?
Before you run the checklist, four quick questions to see whether a co-living assessment makes sense for your situation. Be honest. The answers determine whether you are likely to be in the right range for this to be worth pursuing.
Two ways to start
Two ways to find out
Start with the free assessment if you just want to know whether your land is worth a closer look. Book the Discovery Session when you want the full picture: costs, yields, and a clear answer.
Land Assessment Consult
Free
A conversation about your land and what co-living might allow.
- We look at your block, title, zone and overlays
- We assess whether co-living is physically possible on your land
- You leave knowing whether it's worth going further
This is the starting point. If it looks viable, the Discovery Session is where we take it to numbers.
Discovery Session
$550
credited back against your build
One hour plus
A detailed co-living feasibility session with our expert panel.
- Architects, building consultants and our construction manager, all in the room
- Co-living design options specific to your block and location
- Itemised build costs at cost, and realistic income projections
- A clear yes or no, with the numbers that support it
Some items may need further verification after the session.
Both options give you a straight answer, including a clear no. Neither is a sales appointment. We have no properties to sell. Neither is financial advice; anything to do with your superannuation, structures or tax is a conversation for your licensed adviser or accountant. Bring them if you have one. Many of our clients do, and some of those advisers come to us for guidance on co-living strategies their clients ask about.
The Discovery Session · $550
In one session you will know whether a co-living retirement income strategy is possible from your land, or whether it isn't.
This is what the $550 gets you. Our expert panel of architects, building consultants, our construction manager and specialist co-living advisers goes through your specific situation in detail. By the end, you have a definitive answer.
Whether your block can physically carry a co-living dwelling
Setbacks, access, services, overlays: the things that rule most blocks in or out.
Whether your location supports co-living yield
Co-living works in specific suburbs and not others. We tell you honestly which side of that line you're on.
What the multi-tenant income projection looks like
Not a guess. A worked figure based on the dwelling design, the location and current rental evidence.
The full build cost, at cost
Itemised. No acquisition margin, no middleman fees. Direct from the builder.
Whether the numbers produce a genuine retirement income strategy
This is the question. We run it properly, not optimistically.
The compliance requirements
Co-living carries higher compliance than a standard rental. We explain what that means for your build and your ongoing obligations.
The design pathway
What would be built, how it would be configured for multiple tenants, and why those decisions affect the income.
A clear yes or a clear no
And the reasons either way. Some blocks won't work. You will know that by the end of the session, not three months into a project.
Some items may require further verification after the session. We'll tell you what and why.
The knowledge gap
For years we educated the advisers. Now we're talking directly to you.
Enable Group has spent years working alongside accountants, financial planners and mortgage brokers, not as their clients, but as their educators. When a planner's client asked about co-living as a retirement income strategy, the planner came to us. When an accountant wanted to understand whether their client's land could carry a viable income-producing build, they came to us too. We gave them the knowledge. They passed it on.
We've decided to change that. You deserve access to the same information directly, without it being filtered through a professional who learned it from us in the first place. The Discovery Session puts you in the room with our expert panel, not in the waiting room while your adviser figures out who to call.
Your accountant or financial planner is still the right person to advise you on your financial structures, your superannuation and your tax position. That's their discipline and we won't step into it. But when it comes to whether a co-living build on your land is physically viable, what it costs at cost, and what it could realistically produce, you no longer need to hear that from a middleman.
We wrote the playbook
Co-living feasibility, build economics and location yield analysis is a body of knowledge we've built over years of completed projects. Accountants and planners come to us to understand it. Now you can access it directly.
No filter, no delay
When you book a Discovery Session, you sit with the expert panel, not with someone who attended one of our briefings last quarter and is passing on what they remember.
Bring your adviser
If your accountant or financial planner wants to be in the room, that's a good idea. We're used to that conversation, and it usually produces better outcomes for everyone. But the seat is yours to book, you don't need them to do it for you.
Questions
Questions people ask
What is co-living and why does it yield more than a standard rental?
What does it cost?
What's the catch?
Why would my accountant or financial planner not have told me about this?
Because designing an end-to-end property investment strategy isn't what they're licensed or trained to do.
Your accountant's job is to manage your tax position, your financial structures and your compliance obligations. Your financial planner's job is to manage and grow the wealth you have. Neither of them is trained or licensed to assess whether a co-living property is physically viable on your land, what it would cost to build, how it should be designed to produce the yield, or which locations in Melbourne support the tenancy model.
That's a specialist discipline, and it's ours. We've spent years educating advisers who came to us when their clients asked these questions. Now we're making that knowledge available to you directly, without the intermediary.
Is co-living legal and compliant?
Are you going to try to sell me a property?
Are you financial advisers?
What if my block doesn't work?
I don't really know where I stand financially. Is it too early?
Is co-living legal in my suburb?
I've got questions about my own block. Can I just ask someone?
The best $550 you will spend on your retirement, or a free hour that tells you it's not for you.
You'll leave the Discovery Session knowing one of two things: that a co-living property on your land could produce a viable retirement income stream, with the costs, yields and design pathway laid out, or that it can't, and exactly why. Either answer is worth more than the session costs. We have no co-living properties to sell you. We're the builder.