Lot 85 Abingdon Boulevard, Lara VIC

Description

This co-living property in Lara VIC presents an excellent investment opportunity with 3 bedrooms, 3 bathrooms, and double parking. Designed for shared accommodation, the home is located in the sought-after Parkview Estate on a 298m² block. With a total package price of $606,620 and contemporary CARTIER 17 GE floor plan featuring the HOLT façade, this property is ideal for generating high-yield rental income while maintaining a low-maintenance lifestyle.

Suburb profile:

Lara is strategically positioned between Geelong and Melbourne, offering convenience for commuters and tenants alike. The suburb continues to benefit from infrastructure investment, good schooling, retail hubs, and proximity to Avalon Airport. These features make Lara an ideal choice for investors seeking stable rental demand and long-term capital growth in a fast-developing regional location.

Inclusions:

• 2590mm ceiling height throughout
• Full turnkey finish including fencing, landscaping, driveway, and letterbox
• Colorbond roofing and external finishes

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs with rock excavation and slab
• All essential utility connections included
• Termite protection and structural foundation engineering

Internal Inclusions:

• LED downlights and energy-efficient fittings
• Fully painted interiors and complete floor coverings
• Flush panel doors and modern fixtures throughout

External Inclusions:

• Rendered HOLT façade and Colorbond roof
• Driveway and porch in exposed aggregate
• Letterbox, clothesline, and pathways included

Landscaping Inclusions:

• Front and rear turf with native plants
• Timber fencing with side access gate
• Garden taps, mulch, and front garden bed

Electrical Inclusions:

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

Appliance Inclusions:

• 900mm stainless steel cooktop, oven, and rangehood
• Dishwasher included
• Stone benchtops throughout kitchen and wet areas

Energy Efficiency:

• 6 Star Energy Rating
• Solar hot water system with gas booster
• Wall and ceiling insulation included

Warranties:

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

This co-living home offers a secure, fully packaged investment opportunity with rental appeal for long-term tenants or room-by-room strategies.

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