Lot 5804 Richmore Road, Wyndham Vale VIC

Description

This co-living property in Wyndham Vale VIC offers a modern investment opportunity tailored for shared accommodation. Featuring three bedrooms each with private ensuites, this turnkey home is designed for functionality, comfort, and strong tenant appeal. With a 7-star energy rating and premium inclusions such as landscaping, fencing, and driveway, the property delivers both energy efficiency and convenience. Located within Jubilee Estate, it combines affordability with excellent investment potential.

Suburb profile:

Wyndham Vale is a growing suburb in Melbourne’s west, approximately 31 km from the CBD. Well-connected by train services and major road networks, it offers residents access to schools, shopping centres, and recreational amenities. With a balance of affordability and infrastructure growth, Wyndham Vale is popular among families and investors seeking long-term capital growth. Ongoing development projects and planned upgrades make this suburb a strategic location for property investment.

Inclusions:

• 100% full turnkey package
• Landscaping, fencing, and driveway included
• 7-star energy rating
• 2590mm ceilings
• 900mm stainless steel appliances

Site Inclusions - Site Works, Foundations & Connections:

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

Preliminary Inclusions:

• All permits as required by building regulations
• Survey and drafting plans
• Design guidelines fixed
• Engineer-designed slab/foundations
• Independent quality inspections
• Full house clean on completion

Internal Inclusions:

• 2590mm ceiling height
• Plasterboard walls and ceilings
• 67mm bevel architrave and skirting
• 75mm scotia cornice
• Carpet to bedrooms and tiles to wet areas
• Laminate flooring to living areas
• Obscure glazing to bathrooms and ensuite
• Venetians to front windows and roller blinds to remaining clear glazed windows

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutter, and downpipes
• Brickwork with natural colour mortar and rolled joints
• Colorbond sectional garage door with remote
• Feature 2040mm high front entry door with clear glazing

Landscaping Inclusions:

• Front and rear yard landscaping with turf, plants, mulch, and toppings
• Irrigation with timers
• Perimeter compacted paths
• Timber fencing including wing fence and gate
• Clothesline and nature strip leveling

Electrical Inclusions:

• LED downlights throughout
• Double power points throughout
• Hardwired smoke detectors with battery backup
• TV antenna, TV points, and 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 system with gas booster
• Wall and ceiling insulation
• Self-sealing exhaust fans

Warranties:

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

This co-living property presents a strong investment opportunity, combining modern design, efficient living, and attractive rental appeal in one of Melbourne’s fastest growing suburbs.

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