Lot 4364 Gleam St, Werribee VIC

Description

This co-living property in Riverwalk Estate, Werribee VIC offers 5 bedrooms, each with its own bathroom, ideal for shared living arrangements. With a generous 205sqm house on a 392sqm lot, it features premium finishes, 2590mm ceilings, and turnkey delivery. The design includes energy-efficient systems, ample living areas, and a stylish modern façade, making it a standout investment opportunity.

Suburb profile:

Werribee is a rapidly growing suburb in Melbourne's western corridor, known for its mix of lifestyle amenities and infrastructure investment. It offers proximity to schools, major shopping precincts, parks, and transport links, making it popular among professionals and families alike. The suburb has seen consistent demand for high-quality rentals, driven by ongoing development and improved connectivity. With easy freeway access and continued urban expansion, Werribee presents a compelling choice for investors.

Inclusions:

• 2590mm ceiling height
• 900mm stainless steel appliances including upright cooker and canopy rangehood
• 20mm Caesarstone benchtops throughout kitchen and bathrooms
• Laminate base and overhead kitchen cabinetry with bulkhead
• Tiled splashback, stainless steel double bowl sink, and mixer tap
• Full width polished-edge bathroom mirrors and semi-framed shower screens
• LED downlights and flyscreens throughout
• Venetians to front windows and roller blinds to all others

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs including rock excavation
• Concrete roof tiles, Colorbond fascia/gutters/downpipes
• Letterbox with numbers and coloured concrete driveway/path to porch
• Two-part termite treatment

Internal Inclusions:

• Engineered waffle slab and pine wall frames
• Flush panel internal doors (2040mm high) with lever handles
• Single bevel architraves and skirting with 75mm scotia cornice
• 3-coat internal paint system with gloss to trims

External Inclusions:

• Feature front entry door with glazing
• Colorbond sectional garage door with remote
• Weatherproof rear door and flush garage-house access door

Landscaping Inclusions:

• Front and rear yard landscaping with turf, plants, mulch, and toppings
• Timber fencing including wing fence and gate
• Clothesline and irrigation with timer

Electrical Inclusions:

• LED downlights throughout and floodlight with sensor
• Double powerpoints throughout
• 2x TV points, 2x phone points, 1x TV antenna
• Hardwired smoke detectors with battery backup

Appliance Inclusions:

• 900mm upright cooker, canopy rangehood, and stainless steel dishwasher

Energy Efficiency:

• 7 Star Energy Rating
• Solar hot water system with gas booster
• Wall and ceiling insulation
• Self-sealing exhaust fans and external venting

Warranties:

• 10-year structural warranty
• 3-month maintenance period
• Homeowner's warranty

This co-living property is a unique investment with high yield potential and long-term appeal in the growing suburb of Werribee.

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