Lot 4368 Gleam St, Werribee VIC

Description

This stunning co-living property in Werribee offers a modern design with four spacious bedrooms, three and a half bathrooms, and a secure single car space. Located within the Riverwalk Estate, this home provides a functional floorplan and high-quality finishes throughout. With a total land size of 294m² and a house size of 168.45m², it combines space, comfort, and investment potential in one complete turnkey package.

Suburb profile:

Werribee is one of Melbourne’s fastest-growing suburbs, known for its thriving community, excellent schools, and access to key transport routes. The suburb features an array of shopping, dining, and entertainment options, along with beautiful parks and the iconic Werribee Open Range Zoo. With strong infrastructure growth and ongoing development, Werribee continues to attract families and investors alike. Its proximity to Melbourne CBD and coastal areas makes it a highly desirable location for both lifestyle and investment.

Inclusions:

• Full turnkey package
• Landscaping, fencing, and driveway
• 2590mm ceilings
• 900mm stainless steel appliances

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs including rock excavation
• Engineered waffle slab
• Survey and drafting plans
• All service connections (excluding consumer account opening and fibre optic connection if applicable)

Internal Inclusions:

• Plasterboard walls, ceilings, and cornices
• 67mm single bevel architrave and skirting
• 75mm scotia cornice
• Melamine shelving and hanging rails to bedroom robes
• Flush panel internal doors with lever handles
• Obscure glazing to bathroom, ensuite, and WC
• Venetians to front windows, roller blinds to others
• Three-coat paint system with gloss enamel to architraves and skirting

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutters, and downpipes
• Brickwork with natural colour mortar and rolled joints
• Plaster ceiling to porch
• Two-part termite treatment
• Letterbox with numbers
• Colorbond sectional garage door with motor and two remotes

Landscaping Inclusions:

• Turf, plants, mulch, and toppings to front and rear yards
• Irrigation connected to two garden taps with timers
• Compacted paths around house perimeter
• Timber fencing including wing fence and gate
• Nature strips levelled and seeded
• Clothesline

Electrical Inclusions:

• Double power points throughout
• LED downlights throughout
• Hardwired smoke detectors with battery backup
• Weatherproof external LED floodlight with sensor
• Two TV points and one TV antenna
• Two phone points

Appliance Inclusions:

• 900mm stainless steel upright cooker
• 900mm stainless steel canopy rangehood
• Stainless steel dishwasher
• 20mm Caesarstone benchtops
• Stainless steel double bowl sink with mixer tap

Energy Efficiency:

• 7 Star energy rating
• Solar hot water service with gas booster
• Wall and ceiling insulation
• Self-sealing exhaust fans
• External venting to all exhausts and rangehood

Warranties:

• Independent quality inspections
• 3-month maintenance period
• Home owners warranty
• 10-year structural warranty

This co-living property offers investors a complete turnkey package in a high-demand suburb, delivering excellent rental potential and strong long-term growth.

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