Lot A Talc Street, Cranbourne East VIC (3 beds)

Description

This is a co-living property located in Cranbourne East, Victoria, designed for shared living arrangements. This property is a fully turnkey investment opportunity in the Nelson Village Estate, offering modern amenities and inclusions.

Suburb profile:

Cranbourne East is a rapidly developing suburb in Melbourne’s southeast. It offers a mix of residential developments, schools, parks, and retail centers, making it a desirable location for both homeowners and investors. The area has strong rental demand due to its accessibility to transport links and employment hubs.

Site Inclusions:

• Engineer Designed Slab – Up to P Classification (no piers or suspended slab allowed)
• Site fall over building area no greater than 500mm
• Rock excavation & removal allowance included (explosives & core drilling not included)
• Termite Treatment
• Temporary Fencing
• Site Signage & Waste Management to meet Council Requirements

Preliminary Inclusions:

• Engineer Site Assessment & Survey
• Building Permit
• Energy Rating Report (minimum 7-star rating)
• Bushfire (BAL) Compliance (where applicable)

Internal Inclusions:

• Carpet to bedrooms & lounge
• Laminate timber-look flooring in family living areas & kitchen
• Water-based acrylic paint to all walls & ceilings
• Gloss enamel water-based paint to internal doors, architraves, skirting boards, and door jambs
• Plasterboard walls and ceilings with 75mm cove cornice
• Insulation to all external walls & ceilings

External Inclusions:

• Rendered lightweight cladding or painted cement sheet cladding
• Painted infill above garage door
• Concrete roof tiles
• Colorbond fascia, guttering, and downpipes
• Feature Aluminium Windows to front façade
• Aluminium Windows & External Doors
• Keyed Locks to all openable windows and doors
• Aluminium Framed Flyscreens to all openable windows
• Feature Front Entry Door
• Programmable Entry Lockset with PIN Code keypad

Landscaping Inclusions:

• Coloured concrete driveway & path to front porch
• Turf to front & rear garden
• Lilydale / Tuscan Toppings
• Drought-resistant planting including mulch
• Letterbox
• Ground-mounted folding clothesline
• Landscaping Design to be determined

Electrical Inclusions:

• White LED downlights throughout
• White LED downlights at entry & covered outdoor area
• 1 fluorescent strip light to garage
• Floodlight with sensor outside external doors
• Double power points throughout house
• Power points to fridge and dishwasher space
• 1 TV point (antenna not included)
• Telephone / Data points in kitchen & bedrooms
• Ducted exhaust fans with timer in bathroom, ensuite, laundry

Appliance Inclusions:

• 900mm electric oven stainless steel
• 900mm electric cooktop
• 900mm rangehood stainless steel
• Freestanding under-bench stainless steel dishwasher
• Microwave provision
• 1 & ¾ bowl stainless steel sink

3 beds - Optional $24,990 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

Upgraded Inclusions:

• Add $9,000 for upgrade to multi-head split system in bedrooms & living

Energy Efficiency:

• PV system to meet energy rating requirements
• Insulation to all external walls & ceilings

Warranties:

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

This co-living property in Cranbourne East offers a fully turnkey investment opportunity with premium inclusions. Designed for modern shared living, the property is located in a high-growth suburb with strong rental demand and long-term capital growth potential.

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