Lot 14 May St, Colac VIC

Description

Discover the best of modern living with this Co-living in Colac. Offering 5 bedrooms, 5 bathrooms and 2 car space/s, it has been designed for comfort, ease of living and long-term durability. From its thoughtful layout to its low-maintenance features, this property makes everyday living simple and rewarding. Perfect for investors, it also provides lifestyle appeal for those seeking a place to call home. It's a versatile choice that ticks every box.

Suburb profile:

Colac is a regional town in Victoria known for its affordability, community atmosphere, and close proximity to the scenic Otway Ranges. With schools, parks, shops, and healthcare facilities nearby, it provides essential infrastructure and lifestyle benefits for both families and renters. As Colac continues to grow, so too does the demand for well-designed, affordable rental properties.

Inclusions:

• 100% full turnkey package including landscaping, fencing, and driveway
• 2590mm ceiling height throughout
• 7-Star Energy Rating
• Award-winning builder with over 25 years of experience

Site Inclusions-Site Works, Foundations & Connections:

• Fixed price site costs including rock excavation
• Two-part termite treatment for long-term protection
• Concrete path to porch and colour-through concrete driveway

Preliminary Inclusions:

• Developer-approved façade design
• Quality assurance and construction compliance to Australian standards

Internal Inclusions:

• Timber laminate flooring to main living areas (Hynes Collection)
• Carpet to bedrooms (Royal Parade or Gotham, 7mm underlay)
• 450x450mm Beaumont Tiles to wet areas including bathroom, ensuite, and WC
• Wattyl low-sheen wall paint in selected colour schemes (Alpine, Basalt, Ivory, Storm)
• Laminate cabinetry to all rooms with bulkhead finish

External Inclusions:

• Concrete roof tiles as per colour schedule
• Colorbond fascia, gutters, and downpipes
• Brickwork with natural mortar and rolled joints
• Brickwork above front façade windows
• Painted infills above garage doors and windows to side and rear
• Plaster ceiling to porch and outdoor living (where applicable)
• Letterbox with house numbers

Landscaping Inclusions:

• Front and rear landscaping with turf and garden beds
• Fencing to all boundaries with side access gate
• Concrete driveway and entry path

Electrical Inclusions:

• LED downlights throughout the home
• TV, phone, and data points as per plan
• Safety switches and smoke detectors in compliance with regulations
• Exhaust fans to bathrooms and laundry

Appliance Inclusions:

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

Upgraded Inclusions:

• 20mm Caesarstone benchtops with square edge
• High-quality laminate overhead and base cabinets with ABS edging
• Tiled splashback in kitchen (Beaumont Tiles)
• Feature front entry door (2040mm x 820mm) with clear glazing
• Colorbond sectional Panelift garage door with motor and two remotes

Furniture Pack Inclusions:

• Optional add-on furniture package available at additional cost

Energy Efficiency:

• 7-Star Energy Rating ensuring optimal thermal performance
• Insulated ceiling and walls for energy savings
• Water-efficient tapware and fixtures

Warranties:

• Standard builder's structural warranty
• Manufacturer's warranties on appliances and fittings

Combining modern design, location and investment potential, this Co-living in Colac offers a well-rounded opportunity. It delivers both immediate appeal and long-term value, making it suitable for a wide range of buyers. A property that stands strong in today's market.

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