Lot 50 Hillview South Estate, Maddingley VIC

Description

This property package located in Hillview South Estate, Maddingley, offers a premium 3-bedroom, 3-bathroom home, complete with modern inclusions and high-end finishes. It is a turnkey solution, designed to meet the needs of both investors and first-home buyers. The land size is 392m2, and the house size is 195.16m2, featuring open-plan living spaces and a double garage.

Suburb profile:

Maddingley is a suburb in Greater Melbourne, located approximately 55km west of Melbourne’s CBD. Known for its growing residential development, Maddingley offers a balance of semi-rural charm and access to urban amenities. The area has seen significant infrastructure investments, making it an attractive option for property investors.

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site works including cut/fill and retaining walls as required.
• Engineer-designed concrete slab and footings.
• Steel frame and trusses.
• Termite treatment and connections to water, sewer, and stormwater.

Preliminary Inclusions:

• Engineer’s soil report & slab design.
• Council building application and plumbing approval.
• Energy efficiency report.

Internal Inclusions:

• 2590mm nominal ceiling height.
• Air conditioning units in the living room and main bedroom.
• Premium quality carpets and 450mm x 450mm tiles.

External Inclusions:

• Colorbond roof, fascia, and gutters.
• Aluminium windows with keyed locks.
• Automatic sectional garage door with 2 handsets.

Landscaping Inclusions:

• A-grade turf to the front and rear yard.
• Premier garden bed with plants, shrubs, and paved edging.
• Timber fencing to side and rear boundaries with return gates.

Electrical Inclusions:

• Energy-efficient LED downlights throughout the home.
• Exhaust fans in the bathrooms and laundry.
• Pre-wiring for data points and NBN conduit.

Appliance Inclusions:

• 900mm wide electric cooktop and underbench oven.
• Freestanding stainless steel dishwasher.

Upgraded Inclusions:

• 20mm stone benchtops throughout.
• Feature pendant lights over the kitchen island.

Energy Efficiency:

• 7 Star Energy Rating as per government regulations.
• Double-sided foil "wall-wrap" to external stud walls.
• R2.5 ceiling batts and R1.5 wall batts.

Warranties (provide full details of warranties):

• 6 years structural warranty.
• 6 months maintenance period from the date of handover.

This property offers an excellent opportunity for investors looking for a turnkey package in a growth area. With modern inclusions, energy efficiency, and a high-quality build, it is a secure and valuable investment in Greater Melbourne's expanding Maddingley suburb.

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