Lot 680 Ribolla Way, Sunbury VIC

Description

This co-living property is a full turnkey house and land package located in Everley Estate, Sunbury. It features the Denver STD design with a build size of 207 square metres on a 350 square metre block. The property offers four bedrooms, three bathrooms, and a double garage, making it ideal for shared accommodation or co-living investment. Expected rental income is between 800 and 850 dollars per week. Estimated land registration is Q3 2025.

Suburb profile:

Sunbury is a growing suburb in Victoria located approximately 40 minutes northwest of Melbourne’s CBD. It is known for its rich history, scenic landscapes, and family-friendly environment. Sunbury offers excellent amenities including shopping centres, schools, transport links, wineries, parks, and medical facilities. The area is experiencing significant growth with the development of new communities like Everley Estate, making it attractive for both investors and families.

Site Inclusions - Site Works, Foundations & Connections:

• Fixed site costs up to 500mm site fall and P waffle slab as required
• Earthworks and removal of excess spoil up to 500mm site cut
• All classes of waffle-pod slab up to P Class waffle slab
• Up to 15m3 of rock excavation including hammer and removal
• Connection to sewer points up to 2500mm below natural ground
• Riser pipe for future grated drain to front of garage
• Based on Level 1 compaction report no older than 24 months

Internal Inclusions:

• 2040mm high flush panel internal doors
• Gloss enamel to internal woodwork and doors
• Flat acrylic white to ceilings and cornice
• Three-coat washable low sheen acrylic paint to walls in one colour
• Gas ducted heating and evaporative cooling to living areas and bedrooms
• Split system to co-living area
• Cat 1 carpet to bedrooms
• Cat 1 timber laminate to living, hallway, kitchen, dining and family
• Cat 1 tiles to bathrooms, ensuite, powder and laundry
• Skirting and architraves throughout
• Aluminium sliding doors with security screen
• Chrome finish passage and privacy lock handles

External Inclusions:

• Colourbond fascia, gutters and downpipes
• Timber paling fencing with wing gate
• Double glazed aluminium windows and sliding doors
• Coloured concrete driveway up to 35m2
• Remote control to sectional panel lift garage door
• Security door to sliding doors
• 450mm eaves to front facade
• Letterbox and clothesline

Landscaping Inclusions:

• Low-maintenance front and rear landscaping
• Recycled water connection to garden taps
• NBN connection
• Flyscreens to all openable windows
• Roller Holland blinds throughout

Electrical Inclusions:

• LED downlights throughout
• NBN connection
• Washing machine stops in laundry and butler’s pantry

Appliance Inclusions:

• 900mm stainless steel cooktop, oven and canopy rangehood in kitchen
• 600mm stainless steel dishwasher
• 600mm induction cooktop and 600mm undermount rangehood in butler’s pantry
• Double bowl kitchen sink and single bowl butler’s sink
• Chrome finish mixers throughout
• Above bench basins and wall faced toilet suites
• Shower rail with wall mixer

Upgraded Inclusions:

• Upgrade to matt black tapware package for 950 dollars
• Additional ensuite
• 2740mm ceiling height

Energy Efficiency:

• Double glazed windows and doors

This co-living property in Everley Estate, Sunbury offers a well-appointed turnkey solution ideal for investors seeking strong rental yield and modern living design. With premium inclusions and a high-growth location, it is well suited for shared accommodation or long-term investment.

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