Cubitt Crescent, Tarneit VIC

Description

A Co-Living house package located in the high-growth suburb of Tarneit, Victoria. The property offers a modern design with five bedrooms, each featuring ensuite bathrooms, and is located in the Newhaven Estate. The home comes with turnkey inclusions, and there’s an option to upgrade to a multi-split air conditioning system. It’s a titled land with a total size of 400 square meters and a house area of 205.73 square meters. This investment property is priced at $855,000, making it ideal for investors seeking high returns.

Suburb profile:

Tarneit is a rapidly developing suburb located in the Wyndham Region, Victoria. Known for its family-friendly community, the area is experiencing significant growth due to its proximity to Melbourne’s central business district, affordable housing, and access to modern amenities. With ongoing infrastructure development, including schools, parks, and shopping centers, Tarneit is a sought-after location for both investors and homeowners.

Site Inclusions - Site Works, Foundations & Connections:

• Stormwater, Sewer, Water & Single-Phase Underground Power
• Recycled Water
• NBN run-in to front of home
• Engineer Designed Slab

Preliminary Inclusions:

• Engineer Site Assessment & Survey
• Building Permit
• Energy Rating Report (min. 7 star)
• Bushfire (BAL) Compliance

Internal Inclusions:

• 2590mm high ceiling heights on the ground floor
• 20mm engineered stone benchtops
• Stainless steel appliances (900mm oven, cooktop, rangehood)
• Inset vanity basins, mixer tapware
• Carpet and laminate timber flooring

External Inclusions:

• Rendered façade and face brickwork
• Concrete roof tiles, Colorbond fascia, gutters, and downpipes
• Aluminum windows with keyed locks and flyscreens

Landscaping Inclusions:

• Coloured concrete driveway & paths
• Turf and drought-resistant planting
• Letterbox and ground-mount folding clothesline

Electrical Inclusions:

• White LED downlights
• Split system air-conditioning in the main living area
• Gas ducted heating

Appliance Inclusions:

• Stainless steel appliances (oven, cooktop, rangehood, dishwasher)

Upgraded Inclusions:

• $14,100 upgrade for multi-split system air conditioning in bedrooms and living areas

Energy Efficiency:

• PV system to meet energy rating requirements
• Energy Rating Report (min. 7-star rating)

Warranties:

• 3-month maintenance
• 10-year structural warranty

This titled Co-Living investment property in Tarneit offers five bedrooms, five bathrooms, and two living areas. It features modern finishes, high-quality appliances, and energy-efficient inclusions, making it an attractive option for investors seeking a ready-to-go, high-return asset.

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