Lot 4 Fradd East Road, Munno Para West SA

Description

co-living property offering four private ensuited bedrooms designed for modern shared living. Each resident enjoys the comfort of their own private space while benefiting from communal areas that encourage connection and convenience. With thoughtfully planned design elements and practical features, this property delivers a streamlined living experience for tenants. It is well suited for those seeking privacy combined with a sense of community.

Suburb profile:

Munno Para West is a growing suburb within the northern Adelaide region, known for its affordability and convenience to major amenities. The suburb provides easy access to transport links, local retail centres, schools and employment hubs, making it appealing to a wide range of residents. With continued development and infrastructure investment, Munno Para West offers solid rental demand and promising long-term growth potential for property investors.

Inclusions:

• Contingency allowance
• 2700mm ceiling height throughout dwelling
• Footings and siteworks costs
• Landscaping to front and rear including letter box, lawn, bark and plants
• Ducted Reverse Cycle Air Conditioning
• Concrete to perimeter paths and driveway
• Stormwater system with trenching and connections to street
• Overhead cupboards and undermount rangehood to kitchen
• Laminate floors to main living area and carpet to bedrooms/upstairs if applicable
• Roller blinds to all bedrooms
• Side and rear fencing as required

This co-living property presents a high-demand rental option designed for strong yield performance and appealing long-term investment value.

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