Lot 719 Hallary Road, Mickleham VIC

Description

This is a high-yield co-living investment property featuring five bedrooms, five bathrooms, and two car spaces. Located in Merrifield Estate, Mickleham, this turnkey package includes landscaping, fencing, driveway, and premium internal finishes. The home design is LEON 22 GE - 1B with a Summit façade, offering contemporary living tailored for shared accommodation.

Suburb profile:

Mickleham is a rapidly growing suburb in Melbourne’s north, within the City of Hume. Known for its proximity to major road links, the area offers easy access to Melbourne CBD and Melbourne Airport. It has seen significant development in recent years with new schools, parks, and shopping precincts emerging, making it a prime location for both families and investors.

Site Inclusions

• Fixed price site costs including rock excavation
• Engineered waffle slab
• All service connections

Preliminary Inclusions

• Survey and drafting plans
• All permits as required by building regulations
• Design guidelines fixed
• Engineer-designed slab/foundations
• Independent quality inspections

Internal Inclusions

• Pine wall frames and roof trusses
• 2590mm ceiling height to single storey
• 2590mm ceiling height to ground floor and 2440mm to first floor
• Plasterboard walls, ceilings, and cornice
• 67mm single bevel architrave and skirting
• 75mm scotia cornice
• 2040mm high flush panel doors throughout
• Lever door handles
• 1 melamine shelf with hanging rail to bedroom robes
• Obscure glazing to ensuite, bathroom, and WC
• Aluminium sliding windows with locks
• Venetians to front windows and roller blinds to all other windows
• Three-coat paint system
• Gloss enamel to architrave and skirting
• Flyscreens to openable windows
• Barrier doors to sliding doors
• Tiles to wet areas, timber laminate to entry and living areas
• Carpet to remainder of house

External Inclusions

• Concrete roof tiles
• Colorbond fascia, gutter, and downpipes
• Bricks with natural colour mortar and rolled joints
• Painted infills above garage and other windows
• Plaster ceiling to porch and outdoor living
• Two-part termite treatment
• Colour through concrete driveway and path to porch
• Letterbox with numbers
• Colorbond sectional panel lift garage door with motor and 2 remote controls
• Weatherproof rear garage door
• Flush panel garage/house access door
• Concrete floor in garage
• 2040x820mm front entry door with glazing and double cylinder deadbolt
• Entrance sets to all external hinged and access doors

Landscaping Inclusions

• Combination of turf, plants, mulch, and toppings to front and rear yards
• Irrigation connected to two garden taps with timers
• Compacted paths around perimeter
• Timber fencing including wing fence and gate
• Nature strips levelled and seeded
• Clothesline

Electrical Inclusions

• Double power points throughout
• LED downlights throughout
• Single weatherproof LED floodlight with sensor outside laundry
• Hardwired smoke detectors with battery backup
• Two TV points
• One TV antenna
• Two phone points

Appliance Inclusions

• 900mm stainless steel upright cooker
• 900mm stainless steel canopy rangehood
• Stainless steel dishwasher
• Stainless steel double bowl sink
• Mixer tap
• 20mm Caesarstone benchtops
• Laminate base and overhead cabinets
• Tiled splashback
• Melamine pantry shelves

Energy Efficiency

• 6-star energy rating
• Solar hot water system with gas booster
• Insulation to walls and ceilings
• Self-sealing exhaust fans above showers
• External venting for exhaust fans and rangehoods

Warranties:

• 3-month maintenance period
• Home owners warranty
• 10-year structural warranty

This is a fully turnkey, high-yield co-living property designed for modern shared living. With quality inclusions, energy-efficient features, and strong rental appeal, it is an ideal investment in a booming Melbourne growth corridor.

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