Ellisburg Street, Manor Lakes VIC

Description

This is a co-living property located in Manor Lakes Estate. It features 5 bedrooms, 5 bathrooms, and 2 car spaces on a 400m² lot with house size of 205.42m².

Suburb profile:

Manor Lakes is a well-established suburb in the City of Wyndham, Victoria. It offers excellent connectivity via Wyndham Vale train station and access to the Princes Freeway. The area features numerous schools, parks, shopping precincts, and ongoing infrastructure development, making it ideal for families and investors alike.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer designed slab up to P classification
• Stormwater, sewer, water & single-phase underground power
• Recycled water (where applicable)
• NBN provision (to front of home)
• Telephone, electricity & gas by builder; connection fees by owner
• Site fall allowance up to 500mm
• Rock excavation & removal allowance
• Termite treatment
• Temporary fencing
• Site signage & waste management
• Engineer site assessment & survey
• Building permit
• Bushfire (BAL) compliance (where applicable)

Preliminary Inclusions:

• Energy rating report (min. 7-star)

Internal Inclusions:

• 2590mm ceiling height to ground floor
• Carpet to bedrooms & lounge
• Laminate timber-look flooring to family/living/kitchen areas
• Ceramic tiles to wet areas and splashbacks
• 10mm plasterboard to walls & ceilings
• Water-resistant plasterboard in wet areas
• 75mm cove cornice
• Water-based acrylic paint to walls & ceilings
• Gloss enamel paint to internal doors, architraves & skirtings
• Flush panel 2040mm internal doors with chrome furniture
• Programmable entry locksets with keypad to bedroom doors
• Privacy locks to bathrooms and ensuite
• Door stops to all hinged doors
• Robes with melamine shelves and hanging rails
• Linen cupboards with shelves and doors
• Chrome handles to cabinetry
• Block-out roller blinds to all windows and external doors (excluding obscure glazed windows/sidelights)

External Inclusions:

• Face brickwork and rendered features as per design
• Painted cement or lightweight cladding
• Concrete roof tiles
• Colorbond fascia, guttering and downpipes
• Feature aluminium windows to front facade
• Aluminium windows & external doors with keyed locks
• Aluminium flyscreens to openable windows
• Feature front entry door with programmable lock
• Sectional Colorbond garage door with 2 remotes
• Plasterboard-lined garage with cove cornice
• Hinged access doors with locksets
• Outdoor living area with plaster-lined ceiling and concrete slab
• 2 external taps (front and rear)

Landscaping Inclusions:

• Coloured concrete driveway and path
• Turf to front and rear
• Drought-resistant planting with mulch
• Lilydale/Tuscan toppings
• Letterbox
• Ground mount folding clothesline
• Landscaping design determined by builder
• Boundary fencing as required by estate

Electrical Inclusions:

• White LED downlights throughout and at entry/outdoor area
• Fluorescent light to garage
• Sensor floodlight to external doors
• Double power points throughout
• Single power points to fridge and dishwasher
• TV point to living area (antenna not included, cabling coiled in roof)
• Telephone/data points in kitchen & bedrooms
• Ducted exhaust fans with timer
• White wall-mounted switches & GPOs
• White smoke detectors (hardwired with backup)
• RCD safety switch

Appliance Inclusions:

• 900mm stainless steel electric oven, cooktop & rangehood
• Dishwasher (freestanding underbench)
• 1¾ bowl stainless steel sink
• Sink mixer tap
• Microwave provision (design specific)

Upgraded Inclusions:

• Add $9,500 for upgrade to multi-head split system to bedrooms and living

Energy Efficiency:

• Minimum 7-star energy rating
• PV system to meet energy rating requirements
• Insulation to external walls and ceilings as defined by energy report
• Heat pump hot water system with gas booster or electric alternative

Warranties:

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

This titled co-living property in Manor Lakes offers a turnkey investment opportunity with premium inclusions and strong rental appeal. It is ready to build and designed for maximum energy efficiency and tenant comfort.

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