This co-living property in Skye offers 5 bedrooms, 5 bathrooms and 2 garages, with 206 m2 of living area on a 400 m2 lot, with title registered. The layout is designed for shared accommodation, giving each tenant a private room and keeping the communal living areas shared, which suits investors targeting multiple rental incomes from a single property. Standard inclusions such as 20mm stone benchtops and 900mm appliances are part of the package. The package price of $1,031,000 combines land and build, giving a clear entry cost for portfolio planning.

Skye is in the City of Frankston on Melbourne's south-eastern side, where new estates are adding homes to an established area. That location supports tenant demand from renters looking for a newer home in the south-east. Investors can use that demand as part of a yield-focused portfolio.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing