Lot 3852 Thornton Street, Elizabeth East SA

Description

A modern co-living property in Elizabeth East, SA, designed with investment in mind, featuring a mix of shared living spaces and private rooms for enhanced rental potential. The home includes essential amenities and spacious outdoor areas, making it appealing for co-living arrangements.

Suburb profile:

Elizabeth East, located in the Northern Suburbs of Adelaide, offers a blend of residential and commercial facilities with excellent accessibility to essential amenities, schools, and public transport options. Known for its growing population and community focus, the suburb is appealing to both families and investors seeking stable rental yields.

Internal Inclusions:

• 2700mm ceiling height throughout dwelling, laminate floors to main living area, carpet to bedrooms/upstairs if applicable

External Inclusions:

• Driveway and 900mm concrete paths

Landscaping Inclusions:

• Landscaping to front & rear, including letter box, lawn, bark, and plants, fencing to side and rear boundaries as required

Electrical Inclusions:

• 5KW split system air-conditioning to main living area, additional split system

Warranties:

• 25-year structural guarantee

This property is an ideal investment opportunity with solid rental potential, offering a co-living setup in a well-located suburb of Adelaide. Featuring modern amenities and ample outdoor space, it is structured to appeal to a broad rental market.

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