Drift Road, Warragul VIC (5 beds)

Description

This titled co-living property in Warragul features 5 bedrooms, 5 bathrooms, and a 2-car garage, designed specifically for shared living investment. Offering a complete turnkey package with premium inclusions, it provides investors with a high-quality, low-maintenance rental opportunity in a growing regional market. With private rooms, ensuite bathrooms, and shared communal areas, it is purpose-built to meet strong rental demand.

Suburb profile:

Warragul is a thriving regional town located in the West Gippsland region of Victoria. Known for its rolling green hills, Warragul offers a relaxed lifestyle with easy access to Melbourne via the Princes Freeway and V/Line train services. The area features strong local amenities, including shopping centres, schools, healthcare services, and recreational facilities, making it an attractive option for families and investors alike.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer Site Assessment & Survey
• Building Permit
• Energy Rating Report (min. 7 star)
• Bushfire (BAL) Compliance where applicable
• Stormwater, Sewer, Water & Single-Phase Underground Power to existing infrastructure
• Recycled Water where applicable
• NBN run in to front of home where available
• Telephone, Electricity & Gas by builder; connection fees by owner
• Engineer Designed Slab – Up to P Classification
• Site fall allowance over building area up to 500mm
• Rock excavation & removal allowance included
• Termite Treatment
• Temporary Fencing
• Site Signage & Waste Management to meet Council Requirements

Internal Inclusions:

• 3-month maintenance and 10-year structural warranty
• 2590mm high ceilings to ground floor and 2440mm to first floor
• 20mm engineered stone benchtops to kitchen, bathroom, and ensuite
• Laminate cabinet doors, drawers & kickboards
• Programmable Entry Lockset with PIN Code keypad to all bedroom doors
• Carpet to bedrooms and lounge
• Laminate timber-look flooring to family living areas & kitchen
• Ceramic tiles to wet areas and splashbacks
• Stainless steel trough and cabinet to laundry
• Energy-efficient insulation and plasterboard to walls/ceilings
• Robes with mirror sliding doors and walk-in robe (design specific)
• Linen cupboard with shelving

External Inclusions:

• Face brickwork and rendered features
• Concrete roof tiles with Colorbond fascia, guttering and downpipes
• Feature Aluminium Windows to front façade
• Coloured concrete driveway & path
• Turf to front & rear gardens with drought-resistant planting
• Letter box, clothesline, and boundary fencing as per estate requirements

Electrical Inclusions:

• White LED downlights throughout
• Floodlight with sensor outside external doors
• Double power points throughout the house
• TV point to living area, telephone/data points to kitchen & bedrooms
• Ducted exhaust fans with timer to wet areas
• Hardwired smoke detectors with battery backup
• RCD Safety Switch

Appliance Inclusions:

• 900mm stainless steel oven, cooktop, and rangehood
• Freestanding stainless steel dishwasher
• Microwave provision (design specific)
• 1¾ bowl stainless steel sink with mixer tap

Upgraded Inclusions:

• Optional $9,500 upgrade to multi-head split system air-conditioning to bedrooms and living

Furniture Pack Inclusions:

• Optional $32,990 package includes beds, mattresses, drawers, lamps, sofa, TV unit, TV, dining set, kitchen & laundry appliances, cookware and cutlery

Energy Efficiency:

• Minimum 7-star Energy Rating Report
• PV system to meet energy requirements
• Insulation to external walls and ceilings

Warranties:

• 3-month maintenance
• 10-year structural warranty

This co-living property in Warragul provides investors with a fully turnkey solution, combining strong rental yield potential with premium inclusions and energy efficiency, making it an ideal long-term investment in a growing regional hub.

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