Erskine Road, Winter Valley VIC (5 beds)

Description

This stunning co-living property in Winter Valley offers the perfect blend of privacy and shared living. Featuring 5 bedrooms and 5 bathrooms, each with modern finishes, this residence is tailored for investors seeking strong rental returns. The design maximises both functionality and comfort, with premium inclusions and a thoughtful layout that balances community and individual space. Situated in a high-growth suburb of Ballarat, this home presents a turnkey opportunity for buyers wanting long-term value and growth.

Suburb profile:

Winter Valley is a rapidly growing suburb within the Ballarat region, offering a family-friendly lifestyle with excellent infrastructure and amenities. The area is well connected to Ballarat’s CBD, providing easy access to schools, shopping centres, and public transport. Known for its blend of modern housing estates and community parks, Winter Valley is popular with both families and investors. With ongoing development projects, the suburb continues to attract strong demand, making it a prime choice for property investment.

Inclusions:

• 2590mm high ceilings
• Face brickwork with feature rendered façade
• Aluminium windows with keyed locks and flyscreens
• Colorbond fascia, guttering and downpipes
• Programmable entry lockset with PIN code keypad

Site Inclusions - Site Works, Foundations & Connections:

• Engineer designed slab up to P classification
• Stormwater, sewer, water & single-phase underground power
• NBN run-in to the home (where available)
• Rock excavation & removal allowance included
• Temporary fencing, site signage & termite treatment

Preliminary Inclusions:

• Building permit
• Energy rating report (minimum 7-star)
• BAL (Bushfire Attack Level) compliance where applicable

Internal Inclusions:

• 20mm engineered stone benchtops to kitchen & bathrooms
• Laminate cabinetry with chrome handles
• Robes to all bedrooms with mirror sliding doors
• Carpet to bedrooms, laminate timber-look flooring to living areas
• Block-out roller blinds to all windows and external doors

External Inclusions:

• Concrete roof tiles
• Sectional Colorbond garage door with 2 remotes
• Feature front entry door
• Two external taps (front & rear)

Landscaping Inclusions:

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

Electrical Inclusions:

• White LED downlights throughout
• Smoke detectors hardwired with battery backup
• Floodlight with sensor outside external doors
• Telephone/data points to kitchen, living & bedrooms

Appliance Inclusions:

• 900mm stainless steel oven, cooktop & rangehood
• 600mm stainless steel dishwasher
• Microwave provision
• 1 & 1/3 bowl stainless steel sink with mixer tap

Upgraded Inclusions:

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

Energy Efficiency:

• PV solar system to meet energy rating requirements
• All-in-one 280L electric heat pump hot water system
• Insulation to all external walls & ceilings

Warranties:

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

This co-living property presents an excellent opportunity for investors seeking a high-yield and future-proof asset, with strong appeal to tenants 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