Lot 245 Talloussa Drive, Lara VIC

Description

This co-living property in Lara VIC is an outstanding investment opportunity featuring 5 spacious bedrooms, 5 bathrooms, and 2-car accommodation. Built with the LEON 22 GE - 1B floor plan and HOLT façade, this brand new dwelling spans 206m² on a 385m² block in the popular Parkview Estate. Priced at $729,400, this property is ideal for investors seeking high-yield and low-maintenance rental income.

Suburb profile:

Lara is a growing regional hub located between Geelong and Melbourne. It offers excellent infrastructure, schools, and transport links including proximity to Avalon Airport and Lara Train Station. Its strategic location ensures strong rental demand and long-term capital growth, making it a standout choice for investors.

Inclusions:

• 2590mm ceiling height throughout
• Turnkey package with fencing, driveway, landscaping, clothesline, and letterbox
• Colorbond roof and modern HOLT façade

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site works
• Soil tests, wind rating and engineering included
• Connections to all services including NBN

Internal Inclusions:

• LED lighting throughout
• Tiles and carpet flooring to all areas
• Built-in robes with melamine shelving and chrome rails

External Inclusions:

• Rendered HOLT façade
• Driveway, paths and rear external tap
• Secure timber fencing and side access gate

Landscaping Inclusions:

• Front and rear landscaping with native plants
• Mulched garden beds and A-grade turf
• Timber letterbox and clothesline

Electrical Inclusions:

• TV points, double power points throughout
• Smoke detectors and safety switches

Appliance Inclusions:

• 900mm stainless steel cooktop, oven & rangehood
• Dishwasher and tiled splashbacks
• Stone benchtops throughout

Energy Efficiency:

• 6-Star energy rating
• Solar hot water with gas booster
• Ceiling and wall insulation

Warranties:

• 10-year structural guarantee
• 3-month maintenance period post-handover
• Builders insurance & Home Warranty cover

This co-living home is a complete turnkey solution ready for immediate rental or future SMSF inclusion. With its high bedroom count, premium inclusions and modern design, it is perfectly suited for shared housing or long-term tenants.

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