Lot 330/29 Cyad Way, Manor Lakes VIC

Description

This 5-bedroom co-living property located in Manor Lakes, VIC, is designed for investment with a registered land title. It offers a modern 213 sqm home built on a 350 sqm lot, featuring 5 bedrooms, 5 bathrooms, and a 2-car garage. The property comes with a co-living furniture package and offers the option to increase ceiling heights for an additional cost.

Suburb profile:

Manor Lakes is a growing suburb in the Western Suburbs of Melbourne, known for its family-friendly environment, access to parks, and proximity to schools and shopping centers. It is a part of the Wyndham local government area and has seen steady development over the years.

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 a solid investment opportunity in a rapidly growing suburb, with a ready-to-build status and a complete co-living furniture package option. Manor Lakes presents strong rental potential and growth prospects.

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