About Lianne & Craig, Cheltenham, VIC
Lianne and Craig have a 2 bedroom apartment in
St Kilda that they invested in using their Self Managed
Super Fund. Their lovely spacious apartment was being managed by a competitor and we transitioned the
account smoothly and without any impact to the Owner or Guests.
Why Ready Set Host
With confirmed and analysed demand for short stay accommodation, Ready Set Host puts it’s Hosts in the box seat to capitalise on higher returns than traditional long term leasing. Not only a return on rent received, but also with the ability to depreciate assets, as advised by your registered Tax Agent.
The Challenge
St Kilda is a fantastic location and the apartment is positioned on famous Fitzroy St, buzzing with fantastic restaurants, cafes and bars. It’s a fantastic location attracting both business and leisure stays being only 15 minutes from Melbourne CBD, 5 minutes from St Kilda Road offices and 5 minutes away from St Kilda beach, and right across the road from Albert Park.
It is such an amazing apartment and location, however the Airbnb listing was not living up to its true potential when managed by our competitor, receiving a low review completion rate and low amount of 5-star reviews, and ultimately never reaching the top tier of listings, known as being a Superhost.
Execution and Delivery
It was our aim to improve the review rating and completion rate through a strategy that included a mixture of price, housekeeping and guest relation changes.
Results
- 123% increase in review rating.
- 208% increase in review completions.
- Approved as a Superhost in less than 6 months.