Ardsley St, Manor Lakes VIC (5 beds)

Description

This high-quality co-living property offers five bedrooms, five bathrooms, and a double garage, perfectly designed to meet the needs of modern shared accommodation. Positioned on a titled 350m² lot with a full turnkey package, it is tailored for investors seeking a low-maintenance, high-yield opportunity. With energy-efficient features and a complete inclusions list, this home is built for both comfort and long-term investment growth.

Suburb profile:

Manor Lakes is a rapidly growing suburb located in Melbourne’s western growth corridor. Known for its family-friendly environment, it features schools, parks, shopping centres, and easy access to public transport including the Wyndham Vale train station. The area is popular with both homeowners and investors due to its ongoing infrastructure developments and strong rental demand.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer Site Assessment and Survey
• Building Permit
• Energy Rating Report (minimum 7 star)
• Bushfire Compliance where applicable
• Stormwater, Sewer, Water and Single-Phase Underground Power
• Recycled Water where applicable
• NBN run-in to front of home where available
• Telephone, Electricity and Gas by builder; connection fees by owner
• Engineer designed slab up to P classification
• Allowance for rock excavation and removal
• Termite treatment
• Temporary fencing, site signage, and waste management

Internal Inclusions:

• 2590mm high ceilings
• Carpet to bedrooms and lounge (design specific)
• Laminate timber look flooring to living and kitchen areas
• Water-based acrylic paint to all walls and ceilings
• Gloss enamel paint to doors, architraves, and skirting
• Flush panel internal doors 2040mm high
• Programmable entry lockset with keypad to all bedroom doors
• Privacy locks to bathrooms, ensuite and powder rooms
• Mirror sliding robes or walk-in robe (design specific)
• Linen with shelving and doors (design specific)
• White LED downlights throughout house
• Block-out roller blinds to all windows and external doors
• Smoke detectors hardwired with battery backup

External Inclusions:

• Face brickwork and acrylic render to front facade (design specific)
• Concrete roof tiles
• Colorbond fascia, gutters and downpipes
• Aluminium windows and external doors throughout
• Feature front entry door (design specific)
• Programmable entry lockset to front door
• Sectional Colorbond garage door with 2 remotes
• Garage with lined ceiling and walls, external and internal access doors
• Alfresco area with plaster lined ceiling and concrete floor (design specific)
• 2 external garden taps

Landscaping Inclusions:

• Coloured concrete driveway and front porch path
• Turf to front and rear yard
• Drought-resistant plants and mulch to garden beds
• Letterbox
• Ground-mount folding clothesline
• Boundary fencing to estate requirements

Electrical Inclusions:

• White LED downlights throughout
• Fluorescent light in garage
• Sensor floodlight to external doors (design specific)
• Power points throughout
• TV point in living area
• Telephone/data points to kitchen and bedrooms
• Ducted exhaust fans with timer
• Smoke detectors with battery backup
• RCD safety switch

Appliance Inclusions:

• 900mm stainless steel electric oven
• 900mm electric cooktop
• 900mm stainless steel rangehood
• Freestanding stainless steel dishwasher
• Microwave provision (design specific)
• 1 & ¾ bowl stainless steel sink with mixer tap

Upgraded Inclusions:

• Add $9500 to upgrade to multi-head split system to bedrooms and living areas

Energy Efficiency:

• 7-star minimum energy rating
• PV system to meet energy rating requirements
• Insulation to external walls and ceilings
• Heat pump hot water system with booster

Warranties:

• 3-month maintenance period
• 10-year structural warranty

This co-living property combines a fully turnkey build with energy efficiency and premium inclusions, making it an outstanding choice for investors seeking strong rental yields and long-term growth potential.

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.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

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 in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

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