Lot 633 Frangipani Avenue, Charlemont VIC

Description

This is a co-living investment property located at Frangipani Avenue, Charlemont, VIC 3217. The home and land package is a full turnkey solution. The house design is featuring 3 bedrooms, each with their own ensuite, plus an additional shared powder room, making it ideal for rental by multiple tenants. It includes a double garage and is built on a 448m2 titled lot with a total house area of 216m2. This property is tailored for the growing demand in shared housing and offers an excellent rental yield potential.

Suburb profile:

Charlemont is a growing suburb in the Geelong region of Victoria, located approximately 10 km from the Geelong CBD. It is a popular area for families and investors due to its proximity to schools, shopping centres, public transport, and local amenities. The suburb offers a mix of established and newly developed residential areas and is part of a major growth corridor with increasing infrastructure and community developments.

• Reverse Cycle Split System to Living
• Alarm System
• Downlights throughout
• Floor Coverings as per specification
• Fly Screens and fly doors
• Window furnishings
• Dishwasher
• Clothesline & Letterbox
• Fencing & Driveway
• Fully landscaped front & rear

This co-living property in Charlemont presents an attractive opportunity for investors seeking strong rental returns in a high-demand location. The full turnkey package includes modern finishes and essential inclusions, ready for immediate occupancy or rental upon completion.

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