Lot A Brossard Road, Mickleham VIC (5 beds)

Description

This co-living property is a modern and fully turnkey investment opportunity located in the Botanical Estate, Mickleham, VIC. Designed for shared living, it offers five bedrooms, each with its own bathroom, catering to both tenants and investors seeking high rental yield. The home features a contemporary design with quality finishes, energy-efficient systems, and low-maintenance landscaping. The property is titled and ready to build.

Suburb profile:

Mickleham is a rapidly growing suburb in Melbourne’s northern corridor, known for its family-friendly environment, expanding infrastructure, and strong investment potential. The area benefits from proximity to schools, shopping centers, public transport, and major highways, making it a desirable location for both homeowners and renters. With continued urban development, Mickleham offers a mix of modern amenities and open green spaces.

Site Inclusions:

• Engineer Site Assessment & Survey
• Building Permit
• Energy Rating Report (min. 7 star)
• Bushfire (BAL) Compliance (where applicable)
• Stormwater, Sewer, Water & Single-Phase Underground Power (to existing infrastructure)
• Recycled Water (where applicable)
• NBN run to the front of the home (where available)
• Termite Treatment
• Temporary Fencing
• Site Signage & Waste Management to meet Council Requirements

Preliminary Inclusions:

• Engineer Designed Slab – Up to P Classification
• Site fall over building area no greater than 500mm
• Rock excavation & removal allowance included

Internal Inclusions:

• 2590mm high (nominal) ceiling heights
• 900mm stainless steel kitchen appliances (oven, cooktop, rangehood)
• 20mm engineered stone benchtops in kitchen and bathrooms
• Laminate cabinetry with chrome handles
• Semi-framed shower screens, inset vanity basin
• Carpet to bedrooms and lounge
• Laminate timber-look flooring to family living areas and kitchen
• Water-based acrylic paint to walls & ceilings
• Block out roller blinds to all windows and external doors

External Inclusions:

• Face brickwork with acrylic rendered features to the front facade
• Rendered lightweight cladding where specified
• Colorbond fascia, guttering, and downpipes
• Aluminium windows and external doors with keyed locks
• Feature Front Entry Door with PIN Code keypad
• Sectional Colorbond garage door with 2 remote controls
• Concrete slab flooring in garage
• Outdoor living area with plaster-lined ceiling and concrete slab floor

Landscaping Inclusions:

• Coloured concrete driveway & path to front porch
• Turf to front & rear garden
• Drought-resistant planting with mulch
• Letterbox and ground-mounted folding clothesline

Electrical Inclusions:

• LED downlights throughout the house
• Double power points throughout
• TV point in living area (antenna not included)
• Telephone/data points in kitchen & bedrooms
• Hardwired smoke detectors with battery backup
• RCD Safety Switch

5 beds - Optional $32,990 Furniture package includes

• Queen Beds with Mattresses
• Drawers, Side Tables & Lamps
• Sofa, TV Unit, Coffee Table, Armchair
• TV & Internet Modem
• Dining Table & Chairs
• Kitchen & Laundry Appliances
• Full Cookware & Cutlery Set

Appliance Inclusions:

• 900mm electric oven, cooktop, and rangehood
• Freestanding under-bench dishwasher
• Microwave provision
• Heat pump hot water system

Upgraded Inclusions:

• Add $14,100 for upgrade to multi-head split system in bedrooms & living areas

Energy Efficiency:

• Minimum 7-star energy rating
• PV solar system to meet energy requirements
• Insulation to all external walls and ceilings

Warranties:

• 3-month maintenance period
• 10-year structural warranty

This co-living investment property in Mickleham offers modern design, premium finishes, and energy-efficient features. With its high-yield potential, turnkey inclusions, and a prime location in a fast-growing suburb, it presents an excellent opportunity for investors seeking strong rental returns.

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