Lot 1203 Kinane Street, Melton South VIC

Description

This modern co-living property in Melton South offers an exceptional investment opportunity. Featuring five spacious bedrooms and five bathrooms, this home is designed for both comfort and functionality. With a total house size of 205m² on a 400m² lot, the property provides ample space for tenants while remaining easy to maintain. Turnkey inclusions such as landscaping, fencing, driveway, and upgraded finishes ensure a move-in-ready experience for future occupants.

Suburb profile:

Melton South is a rapidly growing suburb within Melbourne’s western corridor, offering a blend of affordability and accessibility. With established transport links, schools, and shopping centres, it caters well to families, professionals, and students alike. The suburb has seen consistent development, attracting investors seeking strong rental yields and capital growth. Its location ensures continued demand from tenants who value convenience and connectivity.

Inclusions:

• 100% Full Turnkey package including landscaping, fencing, and driveway
• 2590mm ceilings
• 900mm appliances
• Split system air conditioning

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs including rock excavation
• Engineered waffle slab
• All service connections

Internal Inclusions:

• Timber laminate flooring and carpet to designated areas
• Caesarstone benchtops to kitchen, bathroom, and ensuite
• Laminate cabinetry with ABS edging
• Semi-frameless shower screens
• 2590mm ceiling heights
• LED downlights throughout

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutter, and downpipes
• Brickwork with natural mortar
• Feature front entry door with glazing
• Colorbond sectional garage door with motor and remotes

Landscaping Inclusions:

• Combination of turf, plants, mulch, and toppings
• Irrigation with timers connected to garden taps
• Compacted paths around the home
• Timber fencing including wing fence and gate
• Clothesline and letterbox

Electrical Inclusions:

• Double power points throughout
• LED downlights
• Smoke detectors (hardwired with battery backup)
• External flood light with sensor
• TV and phone points

Appliance Inclusions:

• 900mm stainless steel upright cooker
• 900mm canopy rangehood
• Stainless steel dishwasher
• Stainless steel double bowl sink with mixer tap

Energy Efficiency:

• 7-star energy rating
• Solar hot water with gas booster
• Wall and ceiling insulation
• Self-sealing exhaust fans

Warranties:

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

This co-living property represents an excellent investment, combining high-quality inclusions with strong rental potential in a growing suburb.

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