Lot 1 Jennys Way, Mildura VIC (4 beds)

Description

This co-living property in Rosetta Gardens Estate, Mildura offers a high-quality turnkey package designed for shared living and strong investment returns. Featuring 4 bedrooms and 3 bathrooms within a 206.6m² home on a 489m² block, it provides ample space, privacy, and functionality for multiple tenants. With a fixed price of $668,050, this opportunity combines affordability with long-term rental appeal in a growing regional hub.

Suburb profile:

Mildura is a thriving regional city in north-west Victoria, renowned for its strong agricultural industry, vibrant tourism sector, and ongoing infrastructure improvements. The area offers excellent rental demand supported by a diverse workforce in agriculture, healthcare, tourism, and education. With affordable property prices, steady capital growth, and high rental yields compared to metropolitan areas, Mildura continues to attract both investors and residents seeking lifestyle and value.

Inclusions:

• Fixed price, full turnkey package
• Premium co-living design with 6 bedrooms and 6 bathrooms
• Energy-efficient 7-star rated home with double glazing and solar panels
• Gas ducted heating, evaporative cooling, and split system in co-living area

Site Inclusions - Site Works, Foundations & Connections:

• Fixed site costs up to 500mm site fall and P waffle slab
• Earthworks and spoil removal up to 500mm site cut
• Connection to sewer, water, gas, and stormwater
• Certified termite protection

Preliminary Inclusions:

• Engineer site assessment
• Building permit and approvals
• Energy rating compliance

Internal Inclusions:

• 2740mm high ceilings
• Cat 1 laminate flooring and carpets
• Gloss enamel finishes to woodwork and doors
• LED downlights throughout

External Inclusions:

• Category 1 clay brick finishes
• Coloured concrete driveway up to 35m²
• Letterbox, clothesline, timber boundary fencing with gate
• Front and rear low-maintenance landscaping

Landscaping Inclusions:

• Front and rear low-maintenance landscaping
• Timber paling fencing and wing gate

Electrical Inclusions:

• Category 1 LED downlights throughout
• Exhaust fans in bathrooms and laundry
• Double powerpoints throughout
• TV points and antenna, 2 data points

Appliance Inclusions:

• 900mm stainless steel cooktop, oven, and canopy rangehood
• 600mm dishwasher
• Induction cooktop in butler’s pantry
• Stone benchtops to kitchen and butler’s pantry

Upgraded Inclusions:

• Matt black tapware package upgrade – $950

Furniture Pack Inclusions:

• Living: 2 couches, coffee table, TV unit, artwork
• Bedrooms: 6 queen beds, 6 mattresses, side tables, study chairs
• Kitchen: Dining table & chairs, bar stools, fridge, microwave, bar fridge, cookware, plates, cutlery, mugs
• Laundry: Washing machine, dryer, iron, mop, broom
• Furniture package available for $18,000 (optional)

Energy Efficiency:

• 7-star energy rating
• Double glazing to all windows and doors
• 5kW solar PV system with inverter
• Solar hot water with gas booster

This co-living property presents an excellent investment opportunity, combining high rental yield potential with long-term capital growth in a thriving regional market.

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