Lot 124 Pine Way, Officer VIC

Description

This is a modern co-living property designed to offer premium shared living spaces while maintaining privacy for residents. Located in Officer, Victoria, this turnkey home is built with high-quality inclusions and a 7-star energy rating. The home features three bedrooms, each with its own ensuite, making it ideal for tenants seeking private yet communal living. The open-plan kitchen, dining, and living areas are designed for functionality and comfort. The property also includes a secure garage and landscaping, making it a low-maintenance investment opportunity.

Suburb Profile:

Officer is a rapidly growing suburb in Melbourne's southeast, known for its family-friendly environment, excellent schools, and expanding infrastructure. It is well-connected via the Princes Highway and the Officer train station, making it an attractive option for commuters. The area offers parks, shopping centers, and recreational facilities, contributing to its appeal for both families and young professionals. With ongoing developments, Officer presents strong investment potential and rental demand.

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs, including rock excavation

Preliminary Inclusions:

• Survey and drafting plans
• Engineer-designed slab/foundations
• All service connections (excluding consumer account opening and fiber optic connection, if applicable)
• Independent quality inspections
• 3-month maintenance period
• Homeowner's warranty
• 10-year structural warranty

Internal Inclusions:

• 2590mm ceiling height throughout
• Engineered waffle slab
• Pine wall frames and roof trusses
• 67mm single bevel architrave and skirting
• 75mm scotia cornice
• Flush panel doors throughout
• Lever door handles
• 3-coat paint system
• Gloss enamel paint to architraves and skirting

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutter, and downpipes
• Bricks with natural color mortar and rolled joints
• Painted infills above garage door and all windows/doors
• Plaster ceiling to porch
• Two-part termite treatment
• Color-through concrete driveway and path to porch
• Letterbox with house number
• Colorbond sectional panel-lift garage door with motor and remote controls

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:

• LED downlights throughout
• Double power points throughout
• Hardwired smoke detectors with battery backup
• 2 TV points
• 1 TV antenna (estate specific)
• 2 phone points

Appliance Inclusions:

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

Upgraded Inclusions:

• 7-star energy rating

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 for all exhaust fans and rangehoods

Warranties:

• Homeowner's warranty
• 10-year structural warranty

Conclusion:

This co-living property in Officer presents a modern and high-quality investment opportunity with strong rental potential. Featuring three self-contained bedrooms, premium finishes, and a 7-star energy rating, it is a fully turnkey home ideal for both investors and tenants seeking privacy and convenience.

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