Lot 1054 Gillies Street, Melton South VIC

Description

The property is a co-living designed home known as the LEON 22 GE - 1B offering a full turnkey package. It is a 5-bedroom 5-bathroom 2-car garage house on a 363m² block with a house area of 205.75m². The property is designed for easy investment with high-quality inclusions and ready-to-move-in features

Suburb profile:

Melton South is a growing suburb in Melbourne’s outer western region approximately 35 kilometres from the CBD. It is known for its family-friendly environment good access to public transport including train services and close proximity to schools shops and recreational facilities. The area has seen significant infrastructure development and is popular among both homeowners and investors due to its affordability and future growth potential

Site Inclusions

• Fixed price site costs including rock excavation
• Engineered waffle slab
• Pine wall frames and roof trusses
• All service connections
• Survey and drafting plans
• Independent quality inspections

Internal Inclusions

• 2590mm ceiling height to single storey
• 2590mm ceiling height to ground floor and 2440mm to first floor of a double storey
• Plasterboard walls ceilings and cornice
• 67mm single bevel architrave and skirting
• 75mm Scotia cornice
• 2040mm high flush panel doors throughout
• Lever door handles
• Obscure glazing to ensuite bathroom and WC
• Aluminium sliding windows with locks keyed alike
• Venetians to front windows roller blinds to clear glazed windows excluding stairwell and sliding doors
• 3 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
• Bricks with natural colour mortar and rolled joints
• Brickwork above windows to front façade
• Painted infills above garage door and all windows and doors to sides and rear
• Plaster ceiling to porch and outdoor living
• Two-part termite treatment
• Colour through concrete driveway and path to porch
• Letterbox with numbers
• Colorbond sectional Panelift garage door with motor and two remote controls
• Weatherproof door to rear of garage
• Flush panel garage house access door
• Concrete floor to garage
• Feature front entry door with clear glazing
• Double cylinder deadbolt to front entry
• Entrance set to all external hinged doors and garage house access door

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 house
• Timber fencing including wing fence and gate to all boundaries
• Nature strips levelled and seeded
• Clothesline

Electrical Inclusions

• Double power points throughout
• LED downlights throughout
• Single weatherproof LED flood light with sensor outside laundry
• Hardwired smoke detectors with battery backup
• Two TV points
• One TV antenna
• Two phone points

5 beds - Optional $32,990 Furniture package includes

• Queen Beds with Mattresses
• Drawers, Side Tables & Lamps
• Sofa, TV Unit, Coffee Table, Armchair
• TV & Internet Modem
• Dining Table & Chairs
• Kitchen & Laundry Appliances
• Full Cookware & Cutlery Set

Appliance Inclusions

• 900mm stainless steel upright cooker
• 900mm stainless steel canopy rangehood
• Stainless steel dishwasher
• Stainless steel double bowl sink
• Mixer tap
• Tiled splashback
• Four melamine shelves to 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

• Fixed price contract
• 3 month maintenance period
• Home owners warranty
• 10 year structural warranty

Conclusion:

This property offers a high-quality co-living investment opportunity with full turnkey inclusions ready for immediate tenancy or occupancy. Located in a growing suburb with excellent infrastructure and lifestyle amenities it is a smart choice for investors seeking strong rental returns and future growth potential

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