Drift Rd, Warragul VIC (5 beds)

Description

This modern co-living property offers an excellent investment opportunity with five spacious bedrooms, each with its own ensuite, and a thoughtfully designed layout that blends private comfort with shared living convenience. The open-plan kitchen and dining area flow seamlessly into the living space, complemented by quality finishes and inclusions. Secure parking and low-maintenance features make this an attractive option for both tenants and investors.

Suburb profile:

Located in the vibrant regional hub of Warragul, this property is surrounded by scenic landscapes and essential amenities. The suburb is known for its thriving community, excellent schools, and proximity to Melbourne via convenient transport links. With a growing demand for rental accommodation, Warragul has become an attractive choice for investors. The area offers a balanced lifestyle with access to employment, education, and recreation, making it highly sought-after by tenants.

Inclusions:

• 2590mm high ceilings
• Five bedrooms with ensuite bathrooms
• Laminate timber-look flooring to living areas
• Carpet to all bedrooms
• Block-out roller blinds throughout

Site Inclusions - Site Works, Foundations & Connections:

• Engineer-designed slab up to P classification
• Stormwater, sewer, water and power connections
• Recycled water and NBN provision
• Temporary fencing and termite treatment

Preliminary Inclusions:

• Site assessment and survey
• 7-star energy rating report
• BAL compliance where applicable
• Building permit included

Internal Inclusions:

• 20mm engineered stone benchtops in kitchen and bathrooms
• Semi-framed shower screens and tiled shower bases
• Programmable entry locksets with PIN code to bedroom doors
• Robes to all bedrooms with mirrored sliding doors

External Inclusions:

• Face brickwork with feature render
• Concrete roof tiles and Colorbond fascia
• Aluminium windows with flyscreens
• Sectional Colorbond garage door with remote controls

Landscaping Inclusions:

• Coloured concrete driveway
• Irrigated turf to front and rear gardens
• Drought-resistant planting with mulch
• Letterbox and ground-mounted clothesline

Electrical Inclusions:

• LED downlights throughout
• Split-system air-conditioning to living
• Wall-hung heating panels to all bedrooms
• Smoke detectors hardwired with battery backup

Appliance Inclusions:

• 900mm stainless steel oven, cooktop and rangehood
• 600mm stainless steel dishwasher
• Microwave provision

Energy Efficiency:

• PV solar system meeting energy rating requirements
• Insulation to all external walls and ceilings

Warranties:

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

This co-living property combines strong rental potential with low-maintenance features, making it an appealing choice for investors seeking high yield and long-term value.

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