Heather Grove, Clyde North VIC

Description

This co-living property offers a modern four-bedroom house located in the desirable Orana Estate. The home is designed to suit investors, with each bedroom offering a private bathroom, making it ideal for co-living arrangements. The property is in Clyde North, a rapidly growing suburb in Greater Melbourne’s Southeast region. With a spacious layout and contemporary finishes, it is positioned for strong rental demand and long-term capital growth.

Suburb profile:

Clyde North is a booming suburb located in Melbourne’s southeast, known for its mix of residential and commercial developments. The area offers excellent infrastructure, including schools, shopping centers, and parks, making it highly attractive for families and investors. Clyde North is part of the Greater Melbourne area and benefits from steady growth and development, contributing to high rental demand.

Site Inclusions:

• Engineer Site Assessment, Survey, Engineer Designed Slab, Termite Treatment, Stormwater, Sewer, Water & Single-Phase Underground Power, NBN run-in, Temporary Fencing, Rock excavation allowance.

Preliminary Inclusions:

• Energy Rating Report, Building Permit, BAL Compliance.

Internal Inclusions:

• 900mm electric oven, cooktop, rangehood, stainless steel sink, 20mm engineered stone benchtops, laminate cabinetry, mixer tapware, semi-framed shower screen, acrylic bath, ceramic wall and floor tiles, carpets in bedrooms, water-resistant plaster board in wet areas.

External Inclusions:

• Colorbond garage door with remotes, acrylic rendered facade features, concrete roof tiles, aluminum windows, flyscreens on all openable windows.

Landscaping Inclusions:

• Coloured concrete driveway, turf front and rear, drought-resistant plants, letterbox, ground mount folding clothesline.

Electrical Inclusions:

• White LED downlights throughout, double power points, telephone/data points, split system air conditioning in living area, gas ducted heating.

Appliance Inclusions:

• 900mm electric oven, cooktop, rangehood, stainless steel sink, dishwasher.

Upgraded Inclusions:

• Add $14,100 for multi-head split system in bedrooms and living area.

Energy Efficiency:

• Minimum 7-star energy rating.

Warranties:

• 3-month maintenance
• 10-year structural warranty

This four-bedroom co-living property in Clyde North is an excellent investment opportunity, offering modern design, high-quality finishes, and energy-efficient features. Located in a high-growth area, it promises solid rental yields and future capital growth.

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