Lot 8 Cobram 88 Estate, Cobram VIC

Description

This is a co-living investment property located in Lot 8, Cobram 88 Estate, Cobram VIC. The home features five individually suited bedrooms each with its own ensuite and wardrobe designed for independent living. The property includes a spacious kitchen and communal living area garage and private courtyards for each suite. With a large 835 sqm titled land and a total dwelling size of 299.98 sqm this home is tailored for high-yield shared accommodation

Suburb profile:

Cobram is a town located in northern Victoria on the banks of the Murray River known for its agricultural industry and relaxed rural lifestyle. The area offers essential amenities such as schools shops and healthcare services. It also attracts seasonal workers and long-term tenants due to local employment in fruit farming and food production

Site Inclusions - Site Works, Foundations & Connections:

• Includes stormwater and sewer connection within the lot
• Three-phase underground power up to 10m
• Same side dry water tapping
• NBN connection with cable conduit and data point
• Temporary fencing
• Environmental silt fence
• Rock excavation and removal excluding explosives
• Termite spray system
• Allowance for BAL 12.5 if required

Preliminary Inclusions:

• Full council and authority property information
• Full set of sited working drawings
• Structural and civil engineering design
• Energy rating report for 7-star requirement
• Colour selection via builder pre-selected boards

Internal Inclusions:

• Plaster walls and ceiling
• 2040mm flush panel doors
• Lever door furniture
• Smart robe sliding doors
• 2550mm ceiling height
• Schlage digital locks to bedroom doors
• Nylon door stops
• Holland blinds to all windows
• Semi-gloss and low-sheen acrylic paintwork
• Robe shelving
• Pantry linen shelving
• Stainless steel laundry tub with mixer

External Inclusions:

• Clay brickwork
• Acrylic texture render
• Brick infills over windows and garage
• Hume XN1 front door with digital lock
• Aluminium framed double-glazed windows and doors
• Flyscreens
• Colour-through concrete driveway and front path
• 450mm wide eaves
• Colorbond fascia guttering and downpipes
• Colorbond roof with sarking
• Brick letterbox with chrome inserts
• Full boundary and wing fencing

Landscaping Inclusions:

• Front and rear landscaping included
• Private open spaces for each suite with individual clotheslines
• Internal fencing for seclusion

Electrical Inclusions:

• LED downlights throughout
• Recessed downlight to entry
• Para flood to rear
• Double power points throughout
• TV and data points to all bedrooms and communal area
• Digital TV antenna with booster
• Pre-wired telephone points
• Up down LED porch lights
• Smoke detectors
• Exhaust fans ducted outside
• RCD safety switches
• Separate switchboards per suite and garage
• 3.1kw 3ph hybrid battery-ready solar system

Appliance Inclusions:

• 600mm Omega under-bench oven
• 600mm Omega induction cooktop
• 600mm Omega canopy rangehood
• 600mm Omega stainless steel dishwasher
• Stainless steel double bowl sink
• Builders range chrome tapware
• Radiant sinks in kitchen and kitchenette

Upgraded Inclusions:

• Internal fencing for suite courtyards
• Individual clotheslines
• Solid core doors
• Acoustic insulation between bedroom suites
• Draft seals on suite doors
• Interconnected smoke alarms
• Emergency exit lights and plans
• Wi-Fi-enabled digital door locks
• Additional hot water unit 3 total
• Commercial-suitable laundry space

Energy Efficiency:

• Double glazing to all windows and doors
• 7-star energy rating compliant design
• R4.0 ceiling and R2.0 wall insulation
• Wall wrap sealed around openings
• 3.1kw solar PV hybrid system

This co-living property in Cobram offers a fully turnkey investment opportunity with five self-contained suites and premium upgrades designed for tenant privacy and investor returns. The property is ideal for shared accommodation investors seeking long-term rental income in a regional growth area

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