Lot 61 Ellendale Ave, Murray Bridge SA

Description

This is a co-living property located at 61 Ellendale Avenue, Murray Bridge, SA 5253. The home and land package is designed with 4 bedrooms, 3 bathrooms, and 2 car spaces on a 489m² lot. The total dwelling area is 175.86m². The package offers modern living with quality features, ideal for shared accommodation with individual tenant leasing potential.

Suburb profile:

Murray Bridge is a growing regional town in South Australia, located approximately 75km east of Adelaide. It is situated on the banks of the Murray River and is known for its scenic landscapes, agriculture, and tourism. The suburb features a mix of residential and rural properties and has essential amenities including schools, shopping centres, healthcare facilities, and public transport options, making it attractive for both families and investors.

• 600mm oven in stainless steel appliances
• 2700mm ceiling height throughout dwelling as per plan
• 25 year structural guarantee
• Footings and siteworks costs
• LED downlights to all main living areas
• Standard Dishwasher - supply and install
• Additional Split System
• Landscaping to front & rear, including letter box, lawn, bark, and plants
• Fencing to side and rear boundaries as required
• Driveway and 900mm concrete paths

This co-living property offers a well-designed and spacious layout with quality inclusions suited for shared accommodation. Located in the regional hub of Murray Bridge, it presents a strong investment opportunity with long-term rental appeal.

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