Lot 349 Dove Avenue, Winter Valley VIC

Description

This co-living property features five fully self-contained units within one dwelling. Each unit is designed for independent living and includes a private bedroom, bathroom, kitchenette, living room, and courtyard. Additional amenities such as shared kitchen, dining, laundry, and social spaces are also included. It is a fully turn-key solution and comes with a 5-year rental guarantee. The property is built for low-maintenance, high-yield investment.

Suburb profile:

Delacombe is a suburb of Ballarat, located west of Melbourne in Victoria. Ballarat is a historically significant city known for its gold rush legacy and now thrives with a diverse economy anchored in healthcare, education, retail, tourism, and manufacturing. The city hosts Ballarat University and TAFE, providing a variety of educational opportunities. It is an attractive destination for families, professionals, and retirees alike, with a growing population, a low vacancy rate of 0.9%, and over 400,000 annual visitors to local attractions like Sovereign Hill.

5 Year Rental Guarantee @ $1,750 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.

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

FURNITURE PACK

• Each unit is equipped with a 55" flat-screen TV, data points, a digital door lock for security, and a kitchenette with a convection oven and fridge. Furnishings include a double bed, lamp, desk, chair, TV unit, two-seater couch and coffee table. The common area features a dining table, washing machine dryer and fridge.

3.1KW Solar System

• Features 3.1kW 3ph Hybrid (battery-ready) PV Solar system, reducing power consumption from the grid and 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.

Front & Rear Landscaping

• The landscaping features a stylish blend of mulch, turf, and garden beds with trees and shrubs. The property also includes side and back fencing, along with wing fences which create private outdoor areas for each unit. Each unit’s outdoor area has a 9m² concrete pad for table and chairs.

This co-living property in Delacombe offers a unique investment opportunity with high rental yield, modern amenities, and a fully managed solution. It comes with a 5-year rental guarantee, ensuring a secure and cashflow-positive investment.

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