Lot 1036 Chiswell Avenue, Fraser Rise VIC

Description

This modern co-living property in Holloway Estate, Fraser Rise VIC, offers a stylish and functional design with 4 bedrooms, 3 bathrooms, and 2 living areas. With a total house size of 188sqm on a 350sqm block, it combines comfort, convenience, and modern turnkey inclusions. Perfect for investors, this property is designed to deliver strong long-term rental demand and capital growth potential.

Suburb profile:

Fraser Rise is a rapidly growing suburb in Melbourne’s north-west corridor, offering residents a balance of urban connectivity and suburban tranquility. The area features access to quality schools, shopping centres, and green open spaces, while being well-serviced by public transport and major road links. With its strong community atmosphere and proximity to Melbourne’s CBD, Fraser Rise continues to attract families and investors alike.

Inclusions:

• Ducted heating and cooling
• Front and back landscaping
• Coloured concrete driveway
• 20mm stone benchtop to kitchen
• Fixed site cost
• Flyscreens to all openable windows
• Community infrastructure levy
• Fully turnkey & much more

Site Inclusions - Site Works, Foundations & Connections:

• Property information, site survey, soil test
• Up to P Class engineered waffle pod slab with excavation allowance
• Sewer and stormwater connections
• Underground power, water, and telecommunications provisions
• Bushfire compliance up to BAL 12.5

Preliminary Inclusions:

• Drafting of plans and structural engineering design
• Building permit application & homeowner’s warranty insurance
• Three-month maintenance guarantee

Internal Inclusions:

• Plasterboard walls and ceilings with cove cornice
• Water-resistant plasterboard to wet areas
• Gloss enamel to doors and trims, washable low sheen to walls
• Carpet to bedrooms and selected living areas
• Ceramic tiles to wet areas
• Internal Holland blinds to windows

External Inclusions:

• Natural clay brickwork with feature render
• Concrete roof tiles with Colorbond gutters and downpipes
• Solid core front door and lockable aluminium framed windows
• Double glazing to meet 7-star report

Landscaping Inclusions:

• Full share 1800mm fencing with return to front
• Seeded grass and topsoil to garden areas
• Mulch, feature trees, and garden plants
• Preformed letterbox and clothesline
• Concrete pavers as per design

Electrical Inclusions:

• LED downlights throughout
• LED batten light to garage
• Floodlights to external areas
• Double power points throughout
• TV points and roof antenna
• Hardwired smoke detectors

Appliance Inclusions:

• 600mm fan forced electric oven
• 600mm electric cooktop
• 600mm canopy rangehood
• 600mm stainless steel dishwasher
• Overhead cabinetry to kitchen

Energy Efficiency:

• 7-star energy rating
• Wool insulation batts
• Double glazing
• 170L heat pump hot water system
• Provision of 2000L water tank or recycled water connection

Warranties:

• Three-month maintenance guarantee
• Homeowner’s warranty insurance

This co-living property represents a high-yield investment opportunity with strong rental demand and long-term growth potential in Melbourne’s thriving north-west corridor.

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