Lot 633 Bourne Street, Tarneit VIC

Description

This stunning co-living property in Tarneit offers an exceptional investment opportunity in Melbourne’s thriving western corridor. With 5 bedrooms and 5 bathrooms, it has been designed for maximum rental yield, complete with premium finishes and modern comforts across a full turnkey package.

Suburb profile:

Tarneit is a rapidly growing suburb in Melbourne’s west, known for its family-friendly environment, excellent schools, expanding infrastructure, and proximity to the CBD. With continued government investment and high rental demand, Tarneit remains a top choice for property investors.

Inclusions:

• 2590mm ceiling height
• Landscaping, fencing, and driveway included
• Turnkey finish
• Engineered waffle slab construction
• Colorbond roof accessories and concrete roof tiles

Site Inclusions - Site Works, Foundations & Connections:

• Fixed site costs including rock excavation
• All service connections
• Engineer designed slab/foundations

Preliminary Inclusions:

• Fixed price contract
• All permits and design guidelines
• Independent quality inspections
• Full house clean on completion
• 3-month maintenance period

Internal Inclusions:

• 2040mm flush panel internal doors
• Lever door handles
• 67mm single bevel architrave and skirting
• 75mm scotia cornice
• Obscure glazing to ensuite, bathroom, WC
• Venetian blinds to front windows, roller blinds elsewhere

External Inclusions:

• Colorbond sectional garage door with remotes
• Weatherproof rear garage door (plan specific)
• Feature front entry door with glazing and deadbolt

Landscaping Inclusions:

• Turf, plants, mulch, and toppings to front and rear
• Irrigation system with timers
• Timber fencing with wing fence and gate
• Clothesline and nature strip preparation

Electrical Inclusions:

• LED downlights throughout
• Double power points throughout
• Smoke detectors with battery backup
• TV points, TV antenna, and phone points
• External sensor flood light

Appliance Inclusions:

• 900mm stainless steel upright cooker
• 900mm stainless steel canopy rangehood
• Stainless steel dishwasher
• Stainless steel double bowl sink

Energy Efficiency:

• 6-star energy rating
• Solar hot water with gas booster
• Wall and ceiling insulation
• Self-sealing and externally vented exhaust fans

Warranties:

• Home Owners Warranty
• 10-year structural warranty

This full turnkey co-living property presents an ideal high-yield investment opportunity 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.

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