Lot 434 Ash Grange, Wonthaggi VIC

Description

This co-living house and land package in Wonthaggi, Victoria, offers a modern design with 5 bedrooms and 6 bathrooms, with an option to convert to 6 bedrooms. The property features a 2-car garage and a total floor area of 213.67 square meters on a 611 square meter lot. The package includes a furniture option priced at $31,900 including GST. The land is registered, ensuring a streamlined purchase process.

Suburb profile:

Wonthaggi is a town located 132 kilometers southeast of Melbourne, known for its rich coal mining history. Today, it serves as a regional hub in the Bass Coast Shire, offering a blend of historical attractions, such as the State Coal Mine, and modern amenities, including shopping centers, schools, and healthcare facilities. The town's proximity to coastal areas and natural reserves makes it appealing for both residents and investors.

Site Inclusions - Site Works, Foundations & Connections:

• Sewerage connected to the legal point
• Stormwater connected to the council’s legal point of discharge
• Electricity connected to the underground supply
• Gas supply extension provided by the authority
• Telephone points wired with provision for connection

Preliminary Inclusions:

• Working drawings for a single dwelling
• Engineering reports
• Energy report
• Soil report and site survey
• Developer’s approval
• Building permit

Internal Inclusions:

• 2040mm x 820mm flush panel internal doors
• Lever door handles
• 2550mm ceiling height standard (Option to increase to 2700mm for $5,000)
• Split system air conditioning to all bedrooms
• 3-coat high gloss paint on timber doors and woodwork

External Inclusions:

• Solid external entry door 2040mm x 820mm
• Deadlocks for external doors
• Colorbond roof, gutters, and downpipes
• Bricks and cladding from the builder's standard range
• Concrete driveway and footpaths

Landscaping Inclusions:

• Full landscaping including turf, plants, and mulch
• Clothesline
• Letterbox

Electrical Inclusions:

• LED downlights throughout (up to 25 lights)
• Hardwired smoke detectors
• TV and telephone points
• External LED floodlight
• Exhaust fans in bathrooms

Appliance Inclusions:

• 900mm stainless steel oven
• 900mm stainless steel rangehood
• 900mm stainless steel cooktop
• 600mm stainless steel dishwasher

Upgraded Inclusions:

• Increase Ceiling Height to 2700mm for only $5k on top of build price.
• Furniture Package for $31,900

Furniture Pack Inclusions:

• Queen or double bed, bed frame, bedside tables, and lamps for each bedroom
• Mattress, pillows, quilt cover, and sheet set
• TV (wall-mounted) for each bedroom
• Kitchenette and dining furniture, including a fridge, microwave, induction cooker, and starter pack
• Washing machine, cleaning starter set, vacuum cleaner, and mop
• Outdoor table set and gardening services

Energy Efficiency:

• 6-star energy rating
• Solar hot water system
• R3.5 insulation batts to ceilings, R2.0 to walls

Warranties:

• 6 Year Rental guarantee (terms and conditions apply)

This property presents a valuable investment opportunity in Wonthaggi, featuring a modern co-living design with flexible bedroom options and a comprehensive furniture package. The registered land status and available rental guarantee enhance its appeal to investors seeking a ready-to-occupy asset in a growing region.

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