Lavender Street, Wollert VIC

Description

This 5-bedroom co-living house in The Patch Estate, Wollert, offers a modern design with energy-efficient inclusions. The property is a turnkey package with premium finishes, making it an attractive investment opportunity in the rapidly growing suburb of Wollert.

Suburb profile:

Wollert is a thriving suburb in Greater Melbourne, known for its family-friendly atmosphere and modern amenities. With easy access to transport links, schools, and shopping centers, Wollert offers a blend of suburban tranquility and urban convenience, making it an attractive choice for investors and families.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer-designed slab up to P Classification
• Site fall over building area no greater than 500mm
• Rock excavation and removal allowance included
• Termite treatment
• Temporary fencing
• Site signage and waste management to meet council requirements

Preliminary Inclusions:

• Soil test and survey
• Building permit
• Energy rating report (minimum 7-star)
• Bushfire compliance (where applicable)

Internal Inclusions:

• 2590mm ceiling heights to ground floor
• Carpet to bedrooms and lounge
• Laminate timber-look flooring to family living areas and kitchen
• 20mm engineered stone benchtops with square edges in kitchen, bathrooms, and laundry
• Semi-framed shower screens
• Built-in robes with mirror sliding doors

External Inclusions:

• Brickwork with acrylic rendered features to the front façade
• Concrete roof tiles
• Colorbond fascia, guttering, and downpipes
• Aluminium windows with flyscreens

Landscaping Inclusions:

• Turf to front and rear gardens
• Drought-resistant planting with mulch
• Coloured concrete driveway and path to front porch
• Letterbox
• Ground mount folding clothesline

Electrical Inclusions:

• White LED downlights throughout
• Block-out roller blinds for all windows and external doors
• Split system air conditioning located in the main living area
• Hardwired smoke detectors with battery backup

Appliance Inclusions:

• 900mm stainless steel electric oven, cooktop, and rangehood
• Freestanding stainless steel dishwasher

Upgraded Inclusions:

• Add $14,100 for multi-head split system to beds and living

Energy Efficiency:

• Minimum 7-star energy rating

Warranties:

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

This 5-bedroom co-living property in Wollert offers a modern, energy-efficient design and premium inclusions. Its turnkey package and prime location in The Patch Estate make it an excellent opportunity for investors or families.

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