Lot 1405 Shelterbelt Avenue, Weir Views VIC

Description

This impressive co-living property in the thriving suburb of Weir Views combines modern design, premium inclusions, and excellent investment potential. Featuring 5 bedrooms, 5 bathrooms, 2 living areas, and 1 car space, it offers both functionality and comfort for residents. The home spans 239m² on a 437m² block within the established Seventh Bend estate. With a fixed-price turnkey package and November 2024 title, it's ready for investors looking for a high-yield opportunity in a growing market.

Suburb profile:

Weir Views is a fast-growing suburb located in the City of Melton, Victoria. Known for its affordability and proximity to Melbourne’s west growth corridor, it attracts families, professionals, and savvy investors. The area boasts access to public transport, schools, shopping precincts, and parklands, making it an ideal location for long-term growth. Its continuous infrastructure development positions Weir Views as a sought-after destination in Victoria’s expanding property market.

Inclusions:

• Ducted heating and evaporative cooling
• Front and back landscaping
• Coloured concrete driveway
• 20mm stone benchtop to kitchen
• Flyscreens to all openable windows
• Fully turnkey with fixed site cost and community infrastructure levy

Site Inclusions - Site Works, Foundations & Connections:

• Up to P Class engineered waffle pod slab with allowance for 1000mm fall
• Rock excavation and drainage works including aggie drains if required
• Sewer and stormwater connections to legal points of discharge
• Underground power, water, and telecom provisions

Preliminary Inclusions:

• Property information, soil test, site survey, drafting & engineering
• Building permit application and Home Warranty Insurance
• Construction of Class 1 dwelling and 3-month maintenance guarantee

Internal Inclusions:

• Painted MDF staircase (if applicable)
• Gloss enamel doors, washable low sheen acrylic on walls
• Carpets to bedrooms, living areas, and study
• Plasterboard to ceilings and walls, water-resistant board to wet areas
• Internal Holland blinds to windows and sliding doors

External Inclusions:

• Concrete roof tiles and Colorbond fascia/guttering/downpipes
• Natural clay bricks with rolled mortar joints and feature render
• Solid core front door, aluminium framed sliding doors and windows

Landscaping Inclusions:

• 1800mm high full share fencing with wing return
• Seeded grass, garden bed mulch, feature pebbles
• Wall-mounted fold-down clothesline
• Preformed letterbox and feature tree to front and rear

Electrical Inclusions:

• Cool white LED downlights throughout and garage batten light
• Floodlights to rear and side entrances
• Roof-mounted TV antenna, free-to-air points, and phone points
• Smoke detectors with battery backup and doorbell

Appliance Inclusions:

• 600mm fan-forced electric oven, electric cooktop & canopy rangehood
• 600mm stainless steel dishwasher and retractable rangehood
• Double bowl sink with chrome mixer

Upgraded Inclusions:

• 20mm zero silica stone benchtops throughout
• Undermount sink to kitchen

Furniture Pack Inclusions:

• Optional furniture package available at additional cost

Energy Efficiency:

• 7-star energy rating compliance
• Wool insulation batts and double glazing as required

Warranties:

• 3-month maintenance guarantee

This co-living property offers a strong value proposition with high occupancy potential, making it ideal for investors seeking future-proof, income-generating assets.

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