Lot 2184 Golden Bay, WA

Description

This is a full turnkey 5-bedroom, 5-bathroom co-living house and land package located in Golden Bay, WA. The house spans 216m², on a 497m² block, and is designed with modern inclusions like stainless steel appliances, reverse cycle air-conditioning, and LED downlights throughout. It offers investors a gross rental yield of 9.68% with an estimated weekly rental return of $1,750. The property is located 62km from the CBD and has a projected land title for December 2024.

Suburb profile:

Golden Bay is a suburb located in the Peel Region of Western Australia. It is known for its coastal lifestyle, family-friendly community, and proximity to beaches. The suburb is growing rapidly, attracting both families and investors due to its affordable housing and development potential.

Site Inclusions:

• Site works, council charges, and standard construction costs included.

Internal Inclusions:

• Vinyl flooring throughout, quality carpet or vinyl to all bedrooms, reverse cycle air-conditioning to all bedrooms, LED downlights throughout.

External Inclusions:

• Driveway, fencing, garden taps, and crossover. Includes clothesline, letterbox, antenna, flyscreens, and window furnishings.

Electrical Inclusions:

• LED downlights.

Appliance Inclusions:

• Stainless steel appliances, including dishwasher.

Furniture Pack Inclusions:

• Furniture package worth $29,700 for co-living setup.

This property offers a strong investment opportunity in the growing coastal suburb of Golden Bay, WA, with a high gross rental yield and modern inclusions.

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