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  • Actual - Five Features Tenants Look For In Renting a Unit

    After six months of living and renting a range of units, there are five key features I can definitely share that tenants look for when renting a unit. These five features can make a difference in whether your unit is occupied all year round or just a f
    According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
    ew months a year.

    Feature 1: A Large Balcony

    The number one feature that my wife and I looked for when we were choosing a Unit to rent was the size of the balcony. Many older style units built in the 60's and 70's have incredibly small balconi
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    s. In many cases the balconies can only hold a single chair and a small coffee table.

    In talking with a number of tenants, we found that the majority of tenants told us that they would pay more for a unit with a larger balcony than one with a smaller b
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    lcony. For example, our unit we are renting has an outdoor balcony area of 25 sq m which means that much of our life is spent outside during the summer. As we are located in tropical North Queensland, we tend to use our deck as much during summer as du
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ing the winter. One of the other key features that we looked at was whether the balcony was in fact covered. This has also influenced when we use the balcony.

    If you spend time looking at units without balconies you will notice that the quality of the
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    r outdoor settings go off in a short period in time. We chose a unit which had a covered balcony so that our outdoor settings would last, especially since the deck setting is timber. The other core reason, we chose a unit with a covered balcony is that
    ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
    it is much easier to warm during winter than an open air balcony.

    Feature 2: An Internal Laundry

    I cannot believe in the Year 2007, there are still developers around the world who do not provide brand new units with an Internal Laundry. I rece
    easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
    tly travelled overseas and found that one of the brand new units we were renting for a period actually did not include an Internal Laundry, you still had to go to a common laundry that you had to pay between $5 AUD and $10 AUD per load.

    I have seen a n
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    mber of really well structured laundries that do not take up a lot of space. The unit we are currently in actually has the laundry built into a cupboard. Essentially the laundry comes with a small dryer, front loader washing machine and sink. For a cou
    and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
    le such as my wife and I this is sufficient. The downside I have found to this style of internal laundry is that you have to make sure that there is physical space for your existing washing machine, if you have to supply your own. When we moved into t
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    e unit we found that our top loaded washing machine was to big for the space provided and we actually had to give away our old machine which was only 2 years old.

    Feature 3: Lots of Cupboard Space

    I reckon one of the best units is those with lo
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    ts and lots of cupboard space. Most people when designing their own homes or units do not invest in enough built-in cupboard space. Built-ins are a must in any high rise, multi-story units or town houses. Many tenants avoid units or town houses that a
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    e multi-story with out built-in cupboards simply because it is to difficult to get them up and down the the stairs plus many removalist companies charge more for going up the stairs.

    Feature 4: Two Bathrooms

    It does not matter whether you are b
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    ilding a house or a unit, any property with two bathrooms is a must. Having lived with my wife for 5 years now, having two bathrooms is a God send. It means that regardless of whether either of you are running late you can both get ready at the same ti
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    e. The other advantage is that if you have friends or family visit, having a second bathroom means that you are not all going to be lined up waiting to get ready.

    One of the issues developers and people looking to buy Investment units need to be carefu
    t?

    As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
    of is not making the bathrooms to small. One of our bathrooms in our latest unit is so small, that when you are on the toilet, you cannot close the door properly or if you do and something happens, your partner will not be able to easily access the bat
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    room. As they say, size counts!

    Feature 5: A Great View

    The last feature that I believe is the most important feature of any unit is the view. A great view will always surpass any other feature. Nobody wants to come home to a brick wall out o
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    their window every day like I have seen in some apartment blocks. A great view though does not always mean that we are talking sea views or city views. My wife and I recently found a unit in which its views were not magnificent, like overlooking the o
    .

    As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
    ean or a beautiful rolling hill scene; in fact the views from the balcony were of a simple garden area that was well manicured. The interesting part about these units was that they were all rented out in only two weeks.

    If you are thinking about buyin
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    a unit for an investment purpose, these five basic features will certainly affect whether the tenants will want to rent your property. The bottom line is this, the more attractive your unit is, the more likely a tenant will rent or lease your property


    tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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