Fairywren Rd, Mickleham VIC (Model B)

Description

This modern co-living property offers three bedrooms, three bathrooms, and a single garage, delivering both comfort and functionality. With a thoughtful layout and quality inclusions, it is designed to provide privacy while fostering community living. The home features open and welcoming spaces, ensuring convenience and lifestyle appeal for residents and investors alike.

Suburb profile:

Mickleham is one of Melbourne’s fastest-growing northern suburbs, popular with families and young professionals. The area combines modern housing estates with access to established schools, shopping centres, and transport links. Residents enjoy a community-focused lifestyle surrounded by green spaces, while being within easy reach of Melbourne’s CBD. The suburb continues to attract strong demand, making it an appealing choice for both homeowners and investors seeking long-term growth.

Inclusions:

• 2590mm high ceilings
• Block out roller blinds to all windows and external doors
• Coloured concrete driveway, irrigated turf, and drought resistant planting
• Boundary fencing in accordance with estate requirements

Site Inclusions - Site Works, Foundations & Connections:

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

Preliminary Inclusions:

• Site assessment & survey
• Energy rating report (minimum 7-star)
• Building permit
• BAL (bushfire) compliance where applicable

Internal Inclusions:

• Laminate timber look flooring to main living areas
• Carpet to bedrooms
• 20mm engineered stone benchtops to kitchen and bathrooms
• Mirror sliding doors to robes
• Programmable entry lockset with PIN code keypad to all bedroom doors

External Inclusions:

• Face brickwork with acrylic rendered features
• Concrete roof tiles
• Aluminium windows and flyscreens to all openable windows
• Sectional Colorbond garage door with remote controls

Landscaping Inclusions:

• Coloured concrete driveway
• Irrigated turf to front and rear gardens
• Drought-resistant planting with mulch
• Letter box and folding clothesline

Electrical Inclusions:

• LED downlights throughout
• External floodlight with sensor
• Smoke detectors hardwired with battery backup
• Telephone/data points to kitchen, living, and bedrooms

Appliance Inclusions:

• 900mm electric stainless-steel oven, cooktop and rangehood
• 600mm stainless steel dishwasher
• 1⅓ bowl stainless steel sink with mixer

Energy Efficiency:

• 7-star energy rating
• PV system to meet energy rating requirements
• 280L electric heat pump hot water system

Warranties:

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

This co-living property is a standout opportunity for investors, combining modern design with high rental appeal in a sought-after growth corridor.

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