Lot 9 Echo Estate, Upper Coomera QLD (Co-living)

Description

A co-living package home located in Upper Coomera, Queensland, featuring the contemporary KAHLO 184 design with an Ash Light color scheme. This property is designed for high-yield investment potential, offering a spacious and modern setup with multiple living areas, ensuite bedrooms, and high-quality inclusions.

Suburb profile:

Upper Coomera is a fast-growing suburb in the Gold Coast Region, offering a balance of residential convenience and lifestyle amenities. It is close to schools, shopping centers, and recreational facilities, making it ideal for families and investors looking for strong rental yields and capital growth potential.

Site Inclusions - Site Works, Foundations & Connections:

• 400mm site scrape and/or balanced cut and fill excavation
• Slab design as per engineer’s site-specific investigations
• Termite-treated timber frame with slab penetration and perimeter treatments
• Sewer and storm water connections to existing service points
• Electrical mains connection as per building plans
• House built to N2 wind rating as determined by Engineer

Preliminary Inclusions:

• HIA fixed price contract
• Building plans and specifications
• QLeave and QBCC insurance with home warranty
• Certification and council application fees
• 12-month maintenance warranty
• Engineering and slab design
• Independent quality inspections

Internal Inclusions:

• 2550mm ceiling height with three-coat paint system
• Vinyl plank flooring in main areas and carpet in other spaces
• Walk-in robes, insulation, ceiling fans, and LED lighting
• 20mm stone bench tops and 600mm electric appliances in the kitchen
• Block out roller blinds, mirrored sliding doors in robes, and tiled wet areas

External Inclusions:

• Exposed aggregate portico and Colorbond roof
• Face brick walls with feature render on facade
• 70mm pine wall frames, Colorbond fascia, gutters, and downpipes
• Remote-controlled garage door and digital locks on entry and bedroom doors

Landscaping Inclusions:

• Exposed aggregate driveway and fencing with a treated pine gate
• Turf in the front and back yards with gravel along the sides
• Garden area with up to 10m2 of plants and mulch
• Letterbox with house number, clothesline, and two garden taps

Electrical Inclusions:

• 6kw solar system (up to 16 panels) with a 5kw inverter
• Smoke detectors, exhaust fans, LED ceiling lights, and air conditioning split systems in main living area and bedrooms

Appliance Inclusions:

• 600mm electric oven, cooktop, rangehood, and dishwasher
• Stainless steel overmount kitchen sink, metal laundry cabinet, and microwave space

Energy Efficiency: 7-Star energy efficiency rating Electric hot water storage system (250 liters)

Warranties:

• 6.5-year structural warranty from handover
• 12 months for fencing installation and ceilings
• 5-year warranty on garage door and air-conditioning system
• Various warranties on plumbing, electrical fittings, and cabinetry (refer to document for specific warranty periods)

This co-living package in Upper Coomera offers a well-designed investment property with modern amenities and a strong rental yield. It's ideal for investors looking for a high-quality, high-yield property with minimal maintenance.

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