Lot 1020 Kelewan Street, Wollert VIC

Description

This property is a co-living investment opportunity located in Ellery Estate, Wollert. It features a modern and spacious house design with a total house area of 206.32m² on a 400m² lot. The property is fully turnkey and includes high-end finishes, making it a hassle-free investment.

Suburb profile:

Wollert is a growing suburb located in Melbourne's northern corridor. It offers a mix of residential developments and open green spaces, providing a family-friendly environment. The area is well-connected to public transport, schools, shopping centres, and recreational facilities, making it a desirable location for both homeowners and investors.

Site Inclusions:

• Fixed price site costs, including rock excavation.

Preliminary Inclusions:

• Survey and drafting plans
• Engineering-designed slab/foundations
• All service connections (excluding consumer account opening and fibre optic connection if applicable)
• Independent quality inspections
• All permits as required by building regulations

Internal Inclusions:

• 2590mm ceiling height to the ground floor and 2440mm to the first floor (for double-storey homes)
• Engineered waffle slab
• Pine wall frames and roof trusses
• Plasterboard walls and ceilings
• 67mm single bevel architrave and skirting
• 75mm Scotia cornice
• 2040mm high flush panel doors
• Lever door handles
• Window locks on all openable windows
• Venetians to front windows, roller blinds to remaining clear glazed windows and sliding doors (excluding stairwells)
• Three-coat paint system throughout
• Gloss enamel paint to architrave and skirting
• Flyscreens to all openable windows
• Barrier doors to all sliding doors

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutter, and downpipes
• Brickwork with natural colour mortar and rolled joints
• Painted infills above garage door and all windows/doors to the sides and rear
• Plaster ceiling to porch and outdoor living (if applicable)
• Termite treatment
• Colour-through concrete driveway and path to porch
• Letterbox with numbers
• Colorbond sectional panel lift garage door with motor and two remote controls
• Weatherproof door to the rear of the garage (plan specific)

Landscaping Inclusions:

• Combination of turf, plants, mulch, and toppings to front and rear yards
• Irrigation connected to two garden taps with timers
• Compacted paths around the perimeter of the house
• Timber fencing, including wing fence and gate to all boundaries
• Nature strips leveled and seeded
• Clothesline

Electrical Inclusions:

• Double power points throughout
• LED downlights throughout
• Single weatherproof LED floodlight with sensor outside the laundry
• Hardwired smoke detectors with battery backup
• Two TV points
• One TV antenna (estate-specific)
• Two phone points

Appliance Inclusions:

• 900mm stainless steel upright cooker
• Stainless steel canopy rangehood
• Stainless steel dishwasher
• 20mm Caesarstone benchtops with 20mm square edge
• Laminate base cabinets
• Laminate overhead cabinets with bulkhead above
• Stainless steel double bowl sink
• Mixer tap
• Tiled splashback
• Four melamine shelves to the pantry

Energy Efficiency:

• 6-star energy rating
• Solar hot water service with gas booster
• Insulation to walls and ceilings
• Self-sealing exhaust fans positioned above all showers
• External venting to all exhaust fans and rangehoods

Warranties:

• Three-month maintenance period
• Homeowner's warranty
• 10-year structural warranty

This fully turnkey property in Wollert offers a high-quality investment opportunity with premium inclusions and a co-living design. With strong rental demand and a prime location in a high-growth suburb, this property is ideal for investors seeking a modern, hassle-free investment.

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