Lot 726 Horvath Boulevard, Officer VIC

Description

This is a co-living property located in Officer, VIC, offering three self-contained studio rooms under one roof. Designed for high rental returns, this property includes a range of turnkey inclusions and energy-efficient features, making it an ideal investment opportunity.

Suburb profile:

Officer is a rapidly growing suburb in Melbourne’s southeast, known for its family-friendly atmosphere, modern infrastructure, and proximity to schools, shopping centres, and transport options. With ongoing development and strong community amenities, Officer offers promising capital growth and rental yield potential.

Site Inclusions - Site Works, Foundations & Connections:

• Property information, site survey, soil test and site inspection
• Drafting of plans and structural engineering design
• Building permit application and homeowner warranty insurance
• Construction of a Class 1 dwelling
• Three-month maintenance guarantee
• Community infrastructure levies
• Bushfire compliance up to BAL 12.5
• Installation of underground power, water, and telecommunications
• Sewer line connected to existing sewer connection
• Stormwater drainage to legal point of discharge
• Earthworks and site levelling up to 300mm
• Site classification up to H2 class
• Concrete waffle slab design
• Protekta Termicoat termite protection system

Internal Inclusions:

• Plasterboard to ceilings and walls
• Water-resistant plasterboard to bathrooms and wet areas
• Gloss enamel to entry doors, internal doors, jambs and mouldings
• Flat acrylic to ceilings, washable low sheen acrylic to walls
• Staircase (if applicable) with carpet finish and painted stringers
• Walk-in robe and built-in robes with melamine shelf and hanging rail
• Linen cupboard with fixed shelves
• Broom cupboard
• Category 1 carpet with underlay to bedrooms, robes, study, living, theatre and staircase
• Internal Holland blinds to all windows and sliding doors

External Inclusions:

• Natural clay bricks with rolled mortar joints
• Fibre cement sheet infill panels
• Acrylic texture render and cladding as per design
• Concrete roof tiles
• Colourbond rain heads, downpipes, fascia and capping
• Double or single garage with motorised panel lift door
• Garage includes plaster ceiling, tiled skirting, concrete floor

Landscaping Inclusions:

• Full share 1800mm high fence with wing return
• Topsoil to garden bed and seeded grass areas
• Feature pebble, pine mulching, Tuscan toppings
• Feature tree to front and rear
• Garden plants
• Preformed letterbox
• Wall-mounted single fold down clothesline
• Concrete pavers

Electrical Inclusions:

• LED downlights throughout
• LED batten light in garage
• External floodlights at entrances
• Double power points throughout
• Two free-to-air TV points
• Roof-mounted TV antenna
• Two pre-wired telecommunication points
• Hardwired smoke detectors with battery backup
• Doorbell with internal bell

3 beds - Optional $24,990 Furniture package includes

• Queen Beds with Mattresses
• Drawers, Side Tables & Lamps
• Sofa, TV Unit, Coffee Table, Armchair
• TV & Internet Modem
• Dining Table & Chairs
• Kitchen & Laundry Appliances
• Full Cookware & Cutlery Set

Appliance Inclusions:

• 600mm fan-forced electric oven
• 600mm electric cooktop
• 600mm canopy rangehood
• 600mm stainless steel dishwasher
• Stainless steel kitchen sink
• Sink mixer tapware
• Overhead cabinetry to kitchen and fridge space

Upgraded Inclusions:

• 20mm zero silica stone benchtops throughout
• Ducted refrigerated heating and cooling
• Tiled flooring & carpet throughout
• Coloured concrete driveway
• Letterbox and clothesline
• Front & rear landscaping
• LED downlights
• Holland blinds & flyscreens

Energy Efficiency:

• Wool insulation batts
• Double glazing as required for 7-star rating
• 170L electric boosted heat pump hot water system
• Provision of 2000L water tank or recycled water connection

Warranties:

• Warranties (if Warranties are provided otherwise leave it blank):
• Three-month maintenance guarantee
• Homeowners warranty insurance

This co-living investment property in Officer VIC offers high-quality turnkey inclusions and strong rental potential. It is fully titled and ready for build with fixed pricing.

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