Villa Unit Versus Unit In Multi-Storey Block - Pros and Cons
So I'm thinking of buying an investment property. It will either be a villa unit or a unit in a multi-storey block in inner Melbourne.
I'm planning to rent it out for about 3-5 years, then possibly sell and put any capital gains towards buying a house as an investment.
Now, it should be easy enough to rent it out because the Melbourne rental market is so tight right now. But, I'm a tad concerned about selling a villa unit as I guess they've never personally appealed to me.
I guess the benefits over a unit in a block are that a)there's no neighbours above or below making noise and b)no stairs and c) they're usually bigger and d) there's often a bit of a yard.
What have your experiences been?