Lot 645 Bundara Crest, Lakelands WA

Description

This property is located in Lakelands Estate, part of Perth’s high-growth southern corridor. The estate is situated 10 minutes from Mandurah and 50 minutes from Perth’s CBD, offering easy access to beaches, parks, shopping centers, and schools. The home design features five bedrooms and five bathrooms, perfect for co-living arrangements. It includes a range of turnkey benefits such as air conditioning, landscaping, and high-quality interior finishes.

Suburb profile:

Lakelands is a growing suburb in the Peel region of Western Australia, located just north of Mandurah. The area is known for its family-friendly environment, proximity to beaches, parks, and excellent amenities, including shopping centers and schools. With new infrastructure developments, including the Lakelands Train Station, it is a highly desirable location for both families and investors.

Internal Inclusions:

• Vinyl plank flooring to main areas
• Quality carpets to bedrooms
• Roller blinds
• Full internal wall painting
• Split system air-conditioners in all bedrooms and living areas
• LED downlights
• 900mm Artusi appliances
• Composite stone kitchen countertops
• Dishwasher
• Two hot water systems
• Various other internal features such as doorbell, TV aerial, and reticulation.

External Inclusions:

• Colorbond roofing and gutters
• Brickwork with rendered finish
• Sectional garage door with remote
• Paving to driveway and alfresco
• Landscaping to front and rear with reticulation.

Landscaping Inclusions:

• Included (front and rear landscaping with reticulation)

Electrical Inclusions:

• Double power points
• LED downlights
• TV points
• NBN compliant provisions
• Air conditioning units to bedrooms and living areas.

Appliance Inclusions:

• 900mm Artusi underbench oven
• 900mm gas hotplate
• 900mm canopy rangehood
• Dishwasher included.

Warranties:

• Lifetime structural guarantee
• 6-month maintenance period
• Builder’s indemnity and public liability insurance

This five-bedroom co-living property in Lakelands Estate offers a great investment opportunity with an estimated rental yield of 12.09%. Located in a high-growth area with excellent access to amenities and transport links, this property is well-suited for investors looking to capitalize on strong rental demand.

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