Lot 77 Abingdon Boulevard, Lara VIC

Description

This co-living property in Lara VIC offers a fully turnkey 3-bedroom, 3-bathroom residence with a 140m² floorplan set on a 298m² block. Located in the sought-after Parkview Estate, this property is designed for shared accommodation with a focus on privacy, functionality, and investment performance. The home includes a single car park and is ideal for those seeking a low-maintenance, high-yielding rental asset in a high-growth location.

Suburb profile:

Lara, situated in the Greater Geelong region, has grown into a desirable destination for investors and homebuyers alike. Its strategic position between Melbourne and Geelong provides strong connectivity via the Princes Freeway and proximity to Avalon Airport. The area is supported by schools, retail centres, and transport links, offering long-term capital growth and consistent rental demand. Lara continues to attract attention from both tenants and property investors due to its lifestyle appeal and affordability.

Inclusions:

• 2590mm ceiling height throughout
• Full turnkey finish: landscaping, driveway, fencing, and letterbox included
• Plaster ceiling to porch and eaves

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs including rock excavation
• Engineered waffle slab and termite protection
• All service connections (excluding account openings)

Internal Inclusions:

• Flush panel doors and chrome lever handles
• Fully painted throughout
• Full flooring and LED downlights to all rooms

External Inclusions:

• Colorbond roof, gutters, fascia, and downpipes
• Driveway and porch in coloured concrete
• DUKE façade upgrade included

Landscaping Inclusions:

• Front and rear turf with native planting and mulch
• Timber fencing, side gate, and compacted pathways
• Clothesline, garden taps with timers, and finished nature strip

Electrical Inclusions:

• Double power points and smoke detectors
• TV antenna, NBN readiness, and 2 phone/data points

Appliance Inclusions:

• 900mm stainless steel upright cooker and canopy rangehood
• Stainless steel dishwasher
• 20mm stone benchtops in kitchen and wet areas

Energy Efficiency:

• 6 Star Energy Rating
• Solar hot water system with gas booster
• Insulation to external walls and ceilings

Warranties:

• 10-year structural guarantee
• 3-month maintenance period
• Home Owners Warranty

This co-living property is purpose-built for shared accommodation and stands as a smart investment in one of Victoria’s top-performing regional corridors. It delivers strong rental potential and modern liveability.

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