Lot 501 Bridge Road, Melton South VIC

Description

This co-living property is located in Skylark Rise Estate, Lot 501 Bridge Road, Melton South. Featuring a modern and functional design, it includes four bedrooms, three bathrooms, and a double garage, offering a comfortable and convenient living space. The property has a total house area of 174.86m² on a 458m² land parcel with a north-facing orientation. The house is designed with high-quality finishes and comes as a full turnkey package, ensuring a move-in-ready experience.

Suburb profile:

Melton South is a growing suburb in Melbourne’s western corridor, known for its affordability and family-friendly amenities. The suburb is well-connected via major transport links, including Melton train station and access to the Western Freeway. It features schools, shopping centers, parks, and recreational facilities, making it an attractive location for both families and investors. With ongoing infrastructure developments, Melton South is experiencing increased demand in the property market.

Inclusions:

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs, including rock excavation and two-part termite treatment.

Preliminary Inclusions:

• Survey and drafting plans, design guideline approvals, engineer-designed slab/foundations, all necessary service connections (excluding consumer account opening and fiber optic connection if applicable), independent quality inspections, and permits as required.

Internal Inclusions:

• 2590mm ceiling heights
• Engineered waffle slab construction
• Plasterboard walls and ceilings
• Single bevel architraves and skirting
• Scotia cornices
• Melamine shelving and hanging rails to wardrobes
• Flush panel doors throughout with lever door handles
• Carpet in bedrooms and selected areas
• Timber laminate flooring in entry and living areas connected to the kitchen
• Tiles to wet areas
• Three-coat paint system with gloss enamel for skirting and architraves

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutter, and downpipes
• Bricks with natural mortar and rolled joints
• Painted infills above garage door and windows
• Plaster ceiling to porch and outdoor living (if applicable)
• Colour-through concrete driveway and path to porch
• Letterbox with house numbers
• Feature front entry door with glazing and deadbolt

Landscaping Inclusions:

• Turf, plants, mulch, and toppings for both front and rear yards
• Irrigation system with garden tap timers
• Timber fencing, including wing fence and gate
• Clothesline installation

Electrical Inclusions:

• LED downlights throughout
• Hardwired smoke detectors with battery backup
• Weatherproof LED floodlight with sensor outside the laundry
• Two TV points and one TV antenna (estate-specific)
• Two phone points
• Double power points throughout

Appliance Inclusions:

• 900mm stainless steel upright cooker
• 900mm stainless steel canopy rangehood
• Stainless steel dishwasher
• Stainless steel double bowl sink with mixer tap
• 20mm Caesarstone benchtops
• Tiled splashback in the kitchen
• Laminate base and overhead cabinets with bulkhead above

Upgraded Inclusions:

• Fully fenced with landscaping and exposed aggregate driveway
• Window locks to all openable windows
• Obscure glazing to ensuite, bathroom, and WC

Energy Efficiency:

• 6-star energy rating
• Solar hot water system with gas booster
• Insulation to walls and ceilings
• Self-sealing exhaust fans in bathrooms
• External venting for exhaust fans and rangehoods

Warranties:

• 10-year structural warranty
• Three-month maintenance period
• Homeowner’s warranty

This co-living property in Melton South offers a high-quality turnkey home with modern finishes and a range of inclusions. With its prime location in a growing suburb and strong investment potential, it presents an excellent opportunity for both homeowners and investors.

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