Lot 508 Rutledge Way, Ballarat VIC

Description

This modern co-living property in the Alluvium Estate, Ballarat, offers a unique investment opportunity with four spacious bedrooms, three bathrooms, and quality turnkey inclusions. Designed with comfort and functionality in mind, the home features a well-planned layout with premium finishes throughout. With its prime location and complete package inclusions, this property provides both lifestyle appeal and strong investment potential.

Suburb profile:

Ballarat is one of Victoria’s fastest-growing regional centres, renowned for its historic charm, thriving economy, and excellent infrastructure. The suburb boasts a strong rental demand due to its proximity to employment hubs, schools, healthcare, and lifestyle amenities. With continued population growth and significant government investment in transport and infrastructure, Ballarat is positioned as a key regional hotspot for investors. Offering a balance of urban convenience and regional lifestyle, it appeals to both tenants and long-term investors alike.

Inclusions:

• 2590mm ceilings
• 900mm stainless steel appliances
• 100% full turnkey package with landscaping, fencing, and driveway included

Site Inclusions - Site Works, Foundations & Connections:

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

Internal Inclusions:

• Plasterboard walls and ceilings with 75mm scotia cornice
• 67mm single bevel architrave and skirting
• 2040mm high flush panel internal doors with lever handles
• 3-coat paint system with gloss enamel to architraves and skirting
• Carpet, tiles to wet areas, and laminate timber flooring to living areas

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutter, and downpipes
• Brickwork with natural colour mortar
• Feature 2040mm high front entry door with clear glazing and deadbolt
• Colorbond sectional Panelift garage door with remote controls
• Letterbox and colour-through concrete driveway

Landscaping Inclusions:

• Front and rear landscaping with turf, plants, mulch, and irrigation
• Timber fencing with gate to all boundaries
• Clothesline and compacted perimeter paths
• Nature strip levelled and seeded

Electrical Inclusions:

• Double power points throughout
• LED downlights to living areas
• TV points, phone points, and antenna
• Hardwired smoke detectors with battery backup

Appliance Inclusions:

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

Energy Efficiency:

• 6 Star energy rating
• Solar hot water system with gas booster
• Insulation to walls and ceilings
• Self-sealing exhaust fans above showers

Warranties:

• 10-year structural warranty
• 3-month maintenance period
• Home owners warranty insurance

This co-living property represents an ideal opportunity for investors seeking high-yield, low-risk, and future-proof assets in a growing regional hotspot like Ballarat.

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