Lot B Gulmarg Way, Ballarat VIC (5beds)

Description

This co-living property in Ballarat offers a well-balanced investment in the heart of the south-east growth corridor. Featuring 5 spacious bedrooms, 5 bathrooms, and 2-car parking, it’s tailored for shared accommodation without compromising on privacy or functionality. Situated on a 448 sqm block with a 205 sqm house build, this property provides both comfort and community. Located in the popular Nelson Village Estate, this opportunity is ready for immediate action with a titled lot.

Suburb profile:

Ballarat is a booming residential suburb in Melbourne’s outer south-east, known for its family-friendly communities, excellent transport access, and expanding infrastructure. Residents enjoy proximity to Cranbourne Park Shopping Centre, local schools, and public transport options including train and bus routes. The area continues to grow with major amenities and green open spaces, making it highly desirable for both families and investors. As part of the City of Casey, Ballarat benefits from strong local council investment and ongoing residential development.

Inclusions:

• 2590mm nominal ceiling height throughout
• 20mm engineered stone benchtops in kitchen and bathrooms
• Programmable Entry Lockset with PIN Code keypad to front and bedroom doors
• Robes to all bedrooms with mirror sliding doors and hanging rail

Site Inclusions - Site Works, Foundations & Connections:

• Engineer designed slab up to P classification
• Stormwater, sewer, water & underground power connected
• Recycled water and NBN ready (where available)
• Termite treatment, temporary fencing, signage & waste management

Preliminary Inclusions:

• Site assessment & survey
• Energy rating report (min. 7-star)
• Building permit included

Internal Inclusions:

• Laminate timber look flooring to living and kitchen, carpet to bedrooms
• Ceramic wall and floor tiles to wet areas
• Gloss enamel water-based paint to doors and trims
• Flush panel 2040mm high internal doors with chrome handles

External Inclusions:

• Concrete roof tiles
• Face brickwork with rolled joints
• Colorbond fascia, guttering and downpipes
• Aluminium framed flyscreens to openable windows

Landscaping Inclusions:

• Coloured concrete driveway
• Irrigated turf and drought-resistant planting (front & rear)
• Letterbox and folding clothesline

Electrical Inclusions:

• LED downlights throughout
• External floodlight sensor
• Power points, TV point, and hardwired smoke detectors

Appliance Inclusions:

• 900mm electric oven, ceramic cooktop and rangehood
• 600mm stainless steel dishwasher
• 1 & 1/3 bowl stainless steel sink with mixer tap

Upgraded Inclusions:

• Optional upgrade: $9,500 for multi-head split system to beds & living

Energy Efficiency:

• 7-star energy rating minimum
• 280L electric heat pump hot water system
• PV solar system to meet requirements

Warranties:

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

This co-living property offers a high-yield investment with strong appeal to modern tenants seeking comfort, convenience, and privacy in a shared living environment.

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