Grappa Circuit, Wyndham Vale VIC

Description

This is a co-living property, titled and located in the Jubilee Estate. It features 5 bedrooms, 5 bathrooms, and 2 car spaces, designed specifically for co-living use. The property is offered as a full turnkey package on a titled block.

Suburb profile:

Wyndham Vale is a growing suburb located in Melbourne’s western growth corridor. It offers access to public transport, schools, shopping centres, and parklands. The area is popular among families and investors due to its affordability, infrastructure development, and community amenities.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer designed slab up to P classification
• Site fall allowance over building area up to 500mm
• Rock excavation and removal allowance
• Termite treatment
• Temporary fencing
• Site signage and waste management
• Stormwater, sewer, water and single-phase underground power
• Recycled water
• NBN run-in to front of home
• Telephone, electricity and gas by builder; connection fees by owner

Preliminary Inclusions:

• Engineer site assessment and survey
• Building permit
• Energy rating report
• Bushfire compliance

Internal Inclusions:

• 2590mm nominal ceiling height
• Flush panel 2040mm internal doors
• Chrome internal door furniture
• Programmable entry locksets with PIN code keypads to all bedroom doors
• Privacy locks to bathroom, ensuite and powder
• 67mm bevelled skirting and architraves
• Water-based acrylic paint to walls and ceilings
• Gloss enamel paint to doors, architraves, skirting boards and door jambs
• 10mm plasterboard to walls and ceilings
• Water-resistant plasterboard in wet areas
• 75mm cove cornice
• Walk-in robe or built-in robes with mirror sliding doors and melamine shelving
• Linen storage with shelving and doors
• Stainless steel laundry trough with white metal cabinet
• Carpet to bedrooms and lounge
• Laminate timber look flooring to living areas and kitchen with quad finish
• Ceramic tiles to wet area floors and walls including kitchen and laundry splashbacks
• Single towel rails and toilet roll holders
• Polished edge mirrors
• Tiled shower bases
• Acrylic freestanding bath

External Inclusions:

• Face brickwork and rendered features to front facade
• Rendered lightweight or painted cement sheet cladding to other areas
• Painted garage infill
• Concrete roof tiles
• Colorbond fascia, guttering and downpipes
• Aluminium windows and external doors with keyed locks and flyscreens
• Feature aluminium windows to front facade
• Feature front entry door with programmable lockset
• Garage with sectional Colorbond door and 2 remote controls
• Plasterboard lined garage interior
• Concrete garage floor
• Alfresco with plaster ceiling and concrete slab
• Hinged external access and internal access doors to garage

Landscaping Inclusions:

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

Electrical Inclusions:

• White LED downlights throughout
• Fluorescent strip light in garage
• Floodlight with sensor outside external doors
• Double power points throughout
• Single power points to fridge and dishwasher spaces
• One TV point in living area
• Telephone and data points in kitchen and bedrooms
• Ducted exhaust fans with timer in wet areas
• White wall switches and GPOs
• Hardwired smoke detectors with battery backup
• RCD safety switch

Appliance Inclusions:

• 900mm stainless steel electric oven
• 900mm electric cooktop
• 900mm stainless steel rangehood
• Freestanding stainless steel dishwasher
• 1 and ¾ bowl stainless steel sink
• Sink mixer tap
• Microwave provision

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 all external walls and ceilings
• Heat pump with natural gas booster or electric heat pump
• Gas ducted heating to living areas and bedrooms
• Split system air conditioning unit in main living
• Blockout roller blinds to windows and external doors

Warranties:

• 3-month maintenance
• 10-year structural warranty

This co-living investment opportunity in Wyndham Vale offers a full turnkey build tailored for shared living. It presents excellent value with modern finishes, energy efficiency, and strong rental yield 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