Lot 2821 Wirrinda Drive, Clyde North VIC

Description

This co-living property in Clyde North VIC offers an exceptional investment opportunity with five private bedrooms, each with its own bathroom, making it ideal for shared accommodation. Priced at $849,870, the property features a spacious 205m² home on a 400m² block and comes with full turnkey inclusions. Located in the sought-after Five Farms estate, it is expected to title in June 2025 and is delivered under a 2-part contract.

Suburb profile:

Clyde North is a fast-growing suburb in Melbourne’s southeast, known for its family-friendly environment, modern infrastructure, and proximity to essential amenities. The area has seen consistent population growth, driven by its access to schools, parks, shopping centres, and transport. With ongoing development and high rental demand, Clyde North continues to be a preferred destination for both families and investors. Its blend of suburban charm and urban convenience makes it a standout suburb in the Greater Melbourne region.

Inclusions:

• 2590mm ceilings to single-storey homes and ground floor of double-storey homes
• 900mm stainless steel upright cooker and canopy rangehood
• Stainless steel dishwasher
• 20mm Caesarstone benchtops with square edges
• Landscaping to front and rear yards including turf, plants, mulch and toppings
• Timber fencing including wing fence and gate
• Roller blinds to all clear glazed windows (excl. stairwell)
• Full house clean on completion

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs including rock excavation
• Colour-through concrete driveway and path to porch
• Two-part termite treatment
• Survey and drafting plans
• Engineer-designed slab and foundations

Internal Inclusions:

• 67mm single bevel architrave and skirting
• 75mm Scotia cornice
• Melamine shelf and hanging rail to all robes
• Flush panel internal doors at 2040mm height
• Venetians to front windows

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutters and downpipes
• Brickwork with natural mortar and rolled joints
• Weatherproof rear garage door (plan specific)
• Feature 2040mm front entry door with clear glazing

Landscaping Inclusions:

• Turf, plants, mulch and toppings to front and rear yards
• Irrigation with timers connected to two garden taps
• Compacted paths around house perimeter
• Nature strip levelled and seeded
• Clothesline included

Electrical Inclusions:

• Double power points throughout
• LED downlights throughout
• TV antenna (estate specific)
• 2x TV points and 2x phone points
• Smoke detectors with battery backup

Appliance Inclusions:

• 900mm upright cooker and canopy rangehood
• Stainless steel dishwasher
• Stainless steel double bowl sink
• 20mm Caesarstone kitchen benchtops

Energy Efficiency:

• 7 Star Energy Rating
• Solar hot water service with gas booster
• Insulation to walls and ceilings
• External venting to all exhaust fans and rangehoods

Warranties:

• 3-month maintenance period
• 10-year structural warranty
• Home owners warranty insurance

This co-living property presents a compelling opportunity for investors looking to secure a future-proof asset with strong returns in a growth corridor of Melbourne.

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