Lot 2314 Foreshores Drive, Donnybrook VIC

Description

This is a spacious 5-bedroom, 5-bathroom co-living property located in Donnybrook, Victoria, designed for high rental yield opportunities. It features a garage for 2 cars, modern design, and offers an optional furniture package to enhance tenant comfort.

Suburb profile:

Donnybrook is a growing suburb in the Northern region of Melbourne, offering proximity to emerging amenities, schools, parks, and public transportation. It is part of the rapidly developing northern corridor, appealing to families and investors alike due to its future growth prospects.

Please note that the Package Price does not include the following additional cost:

• Furniture Package - $32,990 
• Increase Ceiling Height to 2700mm - $5,000

This property offers an excellent co-living investment opportunity with a modern design, spacious layout, and optional upgrades like a furniture package and increased ceiling height, making it ideal for high-yield returns in the growing suburb of Donnybrook.

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