Lot 9 Kaya Road, Ballarat VIC

Description

This co-living property package is located in Lucio Estate, Ballarat, featuring the LEON 22 GE - 1B floorplan. With five bedrooms and five bathrooms, it is designed to suit a co-living investment model, supported by a fully turnkey finish. The package includes high ceilings, modern appliances, and landscaping. The home sits on a 541m² south-facing block and is part of a two-part contract structure.

Suburb profile:

Ballarat is one of Victoria’s fastest-growing regional cities, known for its rich heritage, educational institutions, and strong infrastructure. It offers excellent transport connectivity to Melbourne and a balanced lifestyle for both residents and investors. The area is attracting a growing population due to affordability and livability, making it a popular choice for regional property investment.

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs including rock excavation
• Engineered waffle slab
• All service connections (excluding consumer account opening and fibre optic connection if applicable)

Preliminary Inclusions:

• All permits as required by building regulations
• Survey and drafting plans
• Design guidelines fixed
• Engineer designed slab/foundations
• Independent quality inspections
• Full house clean on completion
• 3 month maintenance period

Internal Inclusions:

• 2590mm ceiling height to single storey
• Plasterboard walls, ceilings and cornice
• 67mm single bevel architrave and skirting
• 75mm scotia cornice
• 1 melamine shelf with 1 hanging rail to bedroom robes
• 2040mm high flush panel doors
• Lever door handles
• Obscure glazing to ensuite, bathroom and WC
• Aluminium sliding windows
• Window locks to all openable windows
• Venetians to front windows and roller blinds to remaining clear glazed windows
• 3 coat paint system
• Gloss enamel paint to architrave and skirting
• Flyscreens to all openable windows
• Barrier doors to all sliding doors
• Gas ducted heating
• 1 split system air conditioner to main living area
• Tiles to wet areas
• Timber laminate to entry and living areas
• Carpet to remainder of house

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutter and downpipes
• Bricks
• Natural colour mortar with rolled joints
• Brickwork above windows to front facade only
• Painted infills above garage door and all windows and doors to sides and rear
• Plaster ceiling to porch and outdoor living
• Two-part termite treatment
• Colour through concrete driveway and path to porch
• Letterbox with numbers
• Colorbond sectional Panelift garage door with motor and 2 remote controls
• Weatherproof rear garage door
• Flush panel garage/house access door
• Concrete floor
• 2040mm high x 820mm wide front entry door with clear glazing
• Double cylinder deadbolt to front entry
• Entrance set to all external hinged doors

Landscaping Inclusions:

• Combination of turf, plants, mulch and toppings to front and rear yards
• Irrigation connected to two garden taps with timers
• Compacted paths around perimeter of house
• Timber fencing including wing fence and gate to all boundaries
• Nature strips levelled and seeded
• Clothesline

Electrical Inclusions:

• Double power points throughout
• LED downlights throughout
• Single weatherproof LED flood light with sensor outside laundry
• Hardwired smoke detectors with battery backup
• 2 TV points
• 1 TV antenna (estate specific)
• 2 phone points

Appliance Inclusions:

• 900mm stainless steel upright cooker
• 900mm stainless steel canopy rangehood
• Stainless steel dishwasher
• Stainless steel double bowl sink
• Mixer tap
• Tiled splashback
• 20mm Caesarstone benchtops with 20mm square edge
• Laminate base and overhead cabinets
• 4 melamine pantry shelves

Energy Efficiency:

• 6 star energy rating
• Solar hot water service with gas booster
• Insulation to walls and ceilings
• Self-sealing exhaust fans above all showers
• External venting to all exhaust fans and rangehoods

Warranties:

• Home owners warranty
• 10 year structural warranty

This co-living property in Ballarat offers a high-yield investment opportunity with full turnkey inclusions, a spacious layout, and quality finishes. It is designed for strong rental performance in a growing regional market.

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