Lot 4 Jennys Way, Mildura VIC

Description

This co-living property in Mildura VIC presents a turnkey investment opportunity with a full package price of $631,550. Situated in the Rosetta Gardens Estate, the residence offers 4 bedrooms and 3 bathrooms, purpose-built for shared living. With a modern layout, quality finishes, and strong rental returns, it combines comfort with financial appeal for investors.

Suburb profile:

Mildura is a vibrant regional city in north-west Victoria, renowned for its rich agricultural industry, particularly citrus and vineyards. It offers a mix of lifestyle and convenience, with schools, shopping precincts, and healthcare facilities readily accessible. The city enjoys excellent connectivity through road and air links, making it a hub for both residents and businesses. With ongoing development and strong rental demand, Mildura has become an attractive choice for investors and families alike.

Inclusions:

• 2700 mm ceiling height
• Additional Ensuite
• Coloured concrete driveway up to 35sqm
• Colourbond roof
• Fixed site cost up to 500 mm fall
• Double glazed windows
• Eaves in the front of the house with 3 m return
• 900 mm cooktop, canopy and oven
• 2 remote controls to the double garage
• Brickwork over doors and windows
• Laminate wooden flooring to living areas and corridors
• LED downlights throughout the house
• NBN/Opticom connection
• Recycled water connection

This co-living property offers investors a high-yield and low-risk opportunity with modern inclusions and strong rental demand in Mildura.

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