Aristides Cres, Thornhill Park VIC (5 beds)

Description

This modern co-living property offers five spacious bedrooms, each with its own ensuite, ensuring privacy and comfort for every resident. Designed with practicality in mind, it features a well-appointed kitchen, open-plan living and dining areas, and a secure double garage. The home is thoughtfully configured to deliver both convenience and strong rental appeal, making it an excellent investment option for those seeking long-term growth and high-yield returns.

Suburb profile:

Thornhill Park is a growing suburb in Victoria’s western corridor, offering excellent access to major transport routes and essential amenities. With close proximity to shopping centres, schools, and public transport, it is an attractive location for families and professionals alike. The area continues to experience strong growth due to ongoing infrastructure development, creating consistent demand for housing. Investors are drawn to Thornhill Park for its affordability and strong potential for capital appreciation.

Inclusions:

• Private bedrooms with individual ensuites
• Modern kitchen with engineered stone benchtops
• Open-plan living and dining areas
• High ceilings and premium finishes throughout

Site Inclusions - Site Works, Foundations & Connections:

• Engineer-designed slab with termite treatment
• Stormwater, sewer, water, and underground power connections
• Temporary fencing and waste management compliant with council requirements
• Rock excavation and removal allowance included

Preliminary Inclusions:

• Site assessment and survey
• Energy rating report (minimum 7-star)
• Building permit and bushfire compliance where applicable

Internal Inclusions:

• Ensuites with stone benchtops, semi-frameless shower screens, and modern tapware
• Laminate timber look flooring to living areas, carpet to bedrooms
• Water-based acrylic paint to all walls and ceilings
• Built-in robes with mirrored sliding doors
• Programmable entry lockset with PIN keypad to all bedroom doors

External Inclusions:

• Face brickwork with rendered front façade feature
• Concrete roof tiles with Colorbond fascia, gutters, and downpipes
• Aluminium windows with flyscreens to all openable windows
• Sectional Colorbond garage door with two remotes

Landscaping Inclusions:

• Coloured concrete driveway
• Irrigated turf to front and rear gardens
• Drought-resistant planting with mulch to garden beds
• Letterbox and ground-mounted clothesline
• Boundary fencing in accordance with estate requirements

Electrical Inclusions:

• White LED downlights throughout
• Double power points to all rooms
• Smoke detectors hardwired with battery backup
• Telephone and data points to kitchen, living, and bedrooms
• Split system air-conditioning to main living area

Appliance Inclusions:

• 900mm stainless steel oven, ceramic cooktop, and rangehood
• 600mm freestanding stainless steel dishwasher
• Microwave provision and stainless-steel sink

Upgraded Inclusions:

• Optional upgrade to multi-head split system for bedrooms and living ($9,500 additional)

Energy Efficiency:

• PV solar system to meet energy rating requirements
• Insulation to all external walls and ceilings
• Double-glazed aluminium windows (design specific)

Warranties:

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

This co-living property presents a unique opportunity for investors seeking high-yield rental income and long-term capital 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