Lot 250 Hillcrest Road, Drouin VIC

Description

This co-living property in Drouin Fields is a modern investment opportunity featuring a 4-bedroom, 3.5-bathroom, 1-car garage home. Designed for shared living, it ensures a well-structured layout with premium finishes, energy-efficient features, and a full turnkey package that includes landscaping, fencing, and driveway. The property has a 7-star energy rating, making it an environmentally friendly and cost-effective choice for investors and tenants.

Suburb profile:

Drouin is a rapidly developing suburb in Victoria, known for its scenic surroundings, modern infrastructure, and excellent connectivity to Melbourne. The area offers access to quality schools, shopping centres, parks, and public transport, making it a high-demand rental location with strong investment potential.

Site Inclusions:

• Fixed price site costs including rock excavation

Preliminary Inclusions:

• Engineer-designed slab/foundations
• All service connections (excluding consumer account opening and fibre optic connection if applicable)
• Independent quality inspections
• Full house clean on completion
• 3-month maintenance period

Internal Inclusions:

• 2590mm ceiling height
• Engineered waffle slab
• Pine wall frames and roof trusses
• Plasterboard walls, ceilings, and cornices
• 67mm single bevel architrave and skirting
• 75mm Scotia cornice
• Flush panel doors throughout (2040mm high)
• Lever door handles
• Window locks on all openable windows (keyed alike)
• Venetians to front windows, roller blinds to remaining clear glazed windows and sliding doors
• 3-coat paint system throughout
• Gloss enamel paint to architraves and skirting
• Flyscreens on all openable windows
• Barrier doors to all sliding doors

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutter, and downpipes
• Brickwork to front facade, with natural colour mortar (rolled joints)
• Painted infills above garage door and all windows/doors
• Plaster ceiling to porch and outdoor living (if applicable)
• Two-part termite treatment
• Colorbond sectional panel lift garage door with motor and two remote controls
• Weatherproof door to rear of garage (plan specific)
• Flush panel garage/house access door (plan specific)

Landscaping Inclusions:

• Turf, plants, mulch, and toppings to front and rear yards
• Irrigation connected to two garden taps with timers
• Compacted paths around the perimeter of the house
• Timber fencing, including wing fence and gate
• Nature strips leveled and seeded
• Clothesline

Electrical Inclusions:

• Double power points throughout
• LED downlights throughout
• Single weatherproof LED flood light with sensor outside laundry
• Hardwired smoke detectors with battery backup
• 2 TV points
• TV antenna (estate specific)
• 2 phone points

Appliance Inclusions:

• 900mm stainless steel upright cooker
• 900mm stainless steel canopy rangehood
• Stainless steel dishwasher
• Stainless steel double bowl sink
• Mixer tap
• Tiled splashback
• Laminate base and overhead cabinets with bulkhead
• 20mm Caesarstone benchtops with square edge
• 4 melamine shelves in pantry

3 beds - Optional $24,990 Furniture package includes

• Queen Beds with Mattresses
• Drawers, Side Tables & Lamps
• Sofa, TV Unit, Coffee Table, Armchair
• TV & Internet Modem
• Dining Table & Chairs
• Kitchen & Laundry Appliances
• Full Cookware & Cutlery Set

Upgraded Inclusions:

• 2590mm ceiling height
• Insulation to walls and ceilings
• Self-sealing exhaust fans positioned above all showers
• External venting to all exhaust fans and rangehoods

Energy Efficiency:

• 7-star energy rating
• Solar hot water system with gas booster
• Insulation to walls and ceilings
• Self-sealing exhaust fans positioned above all showers
• External venting to all exhaust fans and rangehoods

Warranties:

• Home Owners Warranty
• 10-year structural warranty

This co-living property in Drouin Fields is a modern, high-yield investment with energy-efficient features, a full turnkey package, and a sought-after location. With a 7-star energy rating, premium finishes, and a growing rental market, it presents strong investment potential with excellent rental yield and capital growth prospects.

This fully turnkey co-living property in Newborough presents a strong investment opportunity, featuring high-quality finishes, energy-efficient features, and premium inclusions. With a modern design and a sought-after location, this property is ideal for investors seeking strong rental returns and long-term value.

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