Lot 259 Jackfruit Street, Thornhill Park VIC

Description

Located in Thornhill Park, this Co-living is more than just a home , It's a smart investment opportunity. With 5 bedrooms, 5 bathrooms and 2 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.

5 Year Rental Guarantee @ $1,850 Per Week: The guarantee spans five years from the start date, which is typically 14 days after the settlement date or issuance of the occupancy permit. Investors receive a gross rental yield of at least 10% annually over this period.

What is Covered: The guarantee ensures 100% rental income during the period, even if vacancies occur, offering peace of mind to investors.

Suburb profile:

Thornhill Park is a rapidly developing suburb in Melbourne's west, recognised for its affordability and growth potential. The suburb provides easy access to major freeways, rail connections, and nearby schools and shopping precincts, making it ideal for families and professionals alike. Strong infrastructure investment continues to enhance liveability and long-term value. With its combination of lifestyle benefits and connectivity, it appeals to both residents and investors.

This property includes five self-contained units each with a:

• Bedroom
• Bathroom
• Study Desk
• Living Room
• Kitchenette
• A/C
• Courtyard

Common areas include:

• Storage
• Bike Rack
• Kitchen
• Dining Room
• Laundry
• Social Area
• 5 Mailboxes

Rent Includes:

• Wi-fi
• Electricity
• Water
• Common Area Cleaning
• Gardening
• Maintenance

Furniture Pack:

• Each unit is equipped with a 55" flat-screen Smart TV, data points, a digital door lock for security, a bar fridge & freezer, and a kitchenette with a 3-in-1 convection oven (oven, microwave & air fryer).
• Furnishings include a double bed, lamp, desk, chair, TV unit, two-seater couch, and coffee table.
• The common area features a dining table and fridge.

3.1kW Solar System:

• Features a 3.1kW 3-phase Hybrid (battery-ready) PV solar system, reducing power consumption from the grid while providing a sustainable environmental benefit.

Split System:

• 2.65kW A/C split system is included in each unit for optimal comfort.
• Split system heating and cooling is provided to each unit and the communal area for complete climate control.

Security Features:

• Digital door locks to each unit.

Front & Rear Landscaping:

• The landscaping features a stylish blend of mulch, turf, and garden beds with trees and shrubs.
• The property includes side and back fencing, along with wing fences that create private outdoor areas for each unit.
• Each unit's outdoor area includes a concrete pad suitable for a table and chairs.

With its blend of lifestyle appeal and investment strength, this Co-living in Thornhill Park is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.

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: Co-Living: The Future of Australian Housing.