Lot 6 Reni Street, Lara VIC

Description

This stunning co-living property in Lara VIC offers a rare blend of private living spaces and shared community areas, ideal for generating high rental yields. Designed for modern convenience and comfort, it features seven spacious bedrooms, each with private amenities, alongside inviting communal zones for residents to enjoy. With titled land, quality finishes, and a location that ensures strong tenant demand, this property represents a strategic choice for investors seeking both security and growth potential.

Suburb profile:

Lara is a growing township strategically positioned between Geelong and Melbourne, offering residents the charm of a regional community with easy access to metropolitan amenities. Well-connected via major highways and public transport, Lara provides convenient commuting options while maintaining a relaxed lifestyle. The area boasts quality schools, parks, and shopping facilities, attracting families and professionals alike. Ongoing infrastructure projects continue to enhance its appeal and underpin strong property demand.

Inclusions:

• Fixed site costs
• Storm-water connected to Council’s legal point of discharge
• Fixed site cost up to H2 slab
• Cabinets with silk finish laminate doors
• 20mm stone bench-top builders range
• 900mm stainless steel oven
• 900mm stainless steel rangehood
• Bathroom/Ensuite - porcelain tiles
• Ceramic slim top white vanity with 20mm stone
• Split system aircon units to all bedrooms
• Chromagen solar hot water system
• Exhaust fans to bathrooms
• Smoke detectors
• Flyscreens on all openable windows
• Colour concrete to the driveway and the path

This co-living property presents an exceptional investment opportunity with its high-yield potential, low vacancy risk, and appeal to a wide tenant base. Its strategic location and quality inclusions ensure long-term rental demand and solid capital growth prospects.

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