Heather Grove, Clyde North VIC (5 Beds)

Description

This Co-Living property is located in the highly sought-after Orana Estate in Clyde North. The property offers five bedrooms and five bathrooms with a spacious living area and parking for two cars. The house is designed for high rental yield with an upgraded multi-head split system for air conditioning. The title is expected by April 2025.

Suburb profile:

Clyde North is located in the South-East Melbourne Region, known for its family-friendly environment, rapid urban development, and excellent connectivity to Melbourne's CBD. The area has strong potential for capital growth and rental returns, making it an attractive option for investors.

Site Inclusions:

• Engineer Site Assessment & Survey
• Building Permit
• Energy Rating Report (min. 7 star)
• Bushfire (BAL) Compliance (where applicable)

Preliminary Inclusions:

• Stormwater, Sewer, Water, Single-Phase Underground Power
• Recycled Water (where applicable)
• NBN run-in to front of the home (where available)

Internal Inclusions:

• 900mm electric oven, cooktop, and rangehood
• 20mm engineered stone benchtops
• Carpet and laminate timber-look flooring
• Gas ducted heating to living areas and bedrooms
• Split system air-conditioning in the main living area

External Inclusions:

• Rendered lightweight cladding
• Concrete roof tiles
• Sectional Colorbond garage door with two remote controls
• Feature aluminum windows to front facade

Landscaping Inclusions:

• Turf to front and rear gardens
• Drought-resistant planting in garden beds
• Ground mount folding clothesline

Electrical Inclusions:

• LED downlights throughout
• Power points, TV, and data points in living areas
• Ducted exhaust fans with timer to bathroom, ensuite, and laundry

Appliance Inclusions:

• 900mm electric cooktop and oven
• Stainless steel sink and dishwasher

Upgraded Inclusions:

• $14,100 upgrade for multi-head split system for beds and living areas

Energy Efficiency:

• Minimum 7-star energy rating
• Warranties (provide full details of warranties):
• 3-month maintenance warranty
• 10-year structural warranty

This five-bedroom, five-bathroom co-living property in Orana Estate, Clyde North, offers a fantastic investment opportunity with a strong potential for rental yield. Its modern design and energy-efficient features make it a perfect fit for investors seeking long-term returns.

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