Lot 213 Woodstock Street, Shepparton VIC

Description

Introducing a co living property opportunity in Shepparton, positioned within Windsor Park Estate. This modern, purpose designed layout provides five self contained bedrooms each with an ensuite, supported by generous shared spaces and practical finishes suited to high tenant demand. The package is titled land with a clear build path and strong rent guidance aligned to a high gross yield expectation.

Suburb Profile
Suburb Profile is the principal centre of the Greater Shepparton region, recognised as one of Victoria’s major regional hubs and known as part of the state’s Food Bowl. The municipality records a population of about sixty nine to seventy thousand residents, within a wider catchment of approximately two hundred and fifty thousand across the Goulburn Valley. Key employment is diversified, with health care and social assistance the largest industry, underpinned by agriculture, food processing, education and retail. Local services include Goulburn Valley Health’s Shepparton Campus which provides a twenty four hour emergency department and comprehensive clinical services. Connectivity to Melbourne is provided by V Line rail and coach services from Shepparton Station along the Shepparton line, with regular services scheduled. Council economic and advocacy material indicates steady population growth expectations through to 2031.

Inclusions:

• Rental appraisal at $300 per room, targeting 10 percent plus gross rental yield
• Class 1B approved boarding home
• 2590 mm ceilings
• 5 bedrooms, one SDA compliant
• 5 bathrooms, one SDA compliant
• 5 pantries to the kitchen
• High quality flooring throughout
• 6 split system units, one in each bedroom and one in main living
• Full landscaping front and rear
• Fencing, letterbox and clothesline

Site Inclusions - Site Works, Foundations & Connections:

• Site cut and fill up to 300 mm fall across block with removal of excess spoil
• Temporary site perimeter fencing and asset protection as required
• Electrical three phase underground connection to existing power pit up to 12 LM
• Sewer connection to existing sewer point up to 1800 mm depth
• Water connection to dry tapping
• Stormwater connection to existing stormwater point
• H2 class engineered waffle slab with 20 MPa concrete, suspended on piers up to 1200 mm
• Termite control Part A and B where specified by council

Preliminary Inclusions:

• Geotechnical report, contour survey and property information
• Engineering, plans and 7 star energy rating report
• Developer approval application where required
• Building permit with nominated building surveyor
• CIL included
• Statutory building warranty insurance

Internal Inclusions:

• Approx 2590 mm ground floor ceiling height
• High quality flooring throughout
• Six split systems, one per bedroom plus main living

External Inclusions:

• Choice of two custom facades and four colour schemes
• PGH wire cut clay brick options
• Colorbond corrugated roof with Colorbond flashings, fascia and quad gutter with 100 x 50 mm downpipes
• Hume XN clear glazed entry door with digital entry lock
• Aluminium sliding powder coated windows and doors, clear glazed as per energy report
• Lightweight painted cement sheet cladding to window infills
• Two garden taps, one front at water meter and one at rear

Landscaping Inclusions:

• Full landscaping to front and rear
• Fencing with letterbox and clothesline

Electrical Inclusions:

• Three phase underground electrical connection to existing power pit up to 12 LM
• Split system air conditioning units to all bedrooms and main living

Appliance Inclusions:

• No specific appliance list provided in the brochure

Upgraded Inclusions:

• No upgrades identified beyond the standard specification

Furniture Pack Inclusions:

• Furniture package available, 50 percent covered

Energy Efficiency:

• 7 star energy rating report included
• Weather seals as per 7 star requirements

Conclusion
If you are seeking a set and forget investment that aligns with rental demand and the shift toward shared accommodation, this co living property in Shepparton presents a compelling option. Reach out for the full brochure pack, rental appraisal details and the next available titled lots in Windsor Park Estate.

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