Lot S Wonthaggi VIC (4 beds)

Description

$835,000 - $870,000

Final price subject to land availability and site costs.

This Co-living in Wonthaggi offers a well-balanced combination of modern living and investment potential. Featuring 4 bedrooms, 4 bathrooms and 2 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.

5 Year Rental Guarantee @ $1,400 Per Week: The guarantee spans five years from the start date, which is typically 14 days after the settlement date or issuance of the occupancy permit. Investors receive a gross rental yield of at least 10% annually over this period.

What is Covered: The guarantee ensures 100% rental income during the period, even if vacancies occur, offering peace of mind to investors.

Suburb profile:

Wonthaggi is a key coastal centre within the Bass Coast region of Victoria, located approximately 135km from Melbourne. Known for its beaches and lifestyle appeal, the suburb has experienced steady residential growth supported by infrastructure, health services, and retail expansion. Proximity to Phillip Island and coastal tourism strengthens its economic base. Increasing demand for regional living continues to support both rental performance and long term growth.

This property includes four self-contained units each with a:

• Bedroom
• Bathroom
• Study Desk
• Living Room
• Kitchenette
• A/C
• Private Courtyard

Common areas include:

• Storage
• Bike Rack
• Kitchen
• Dining Room
• Laundry
• Social Area
• 4 Mailboxes

Rent Includes:

• Wi-fi
• Electricity
• Water
• Common Area Cleaning
• Gardening
• Maintenance

Furniture Pack:

• Each unit is equipped with a 55” flat-screen TV, data points, digital door locks for security, a mini fridge, and a kitchenette with convection microwave and fridge.
• Furnishings include a double bed with bed frame and mattress protector, lamp, desk, chair, TV unit, two-seater couch and coffee table.
• The common area features a dining table, fridge and shared communal facilities.

3.1kW Solar System:

• Features a 3.1kW 3ph Hybrid (battery-ready) PV Solar system, helping reduce grid power consumption while supporting sustainable living.

Split System:

• 2.65kW A/C Split System included in each unit for year-round comfort.
• Split system heating and cooling is also provided to the communal area for complete climate control.

Security Features:

• Digital door locks to each unit
• Security alarm system for added peace of mind

Front & Rear Landscaping:

• Landscaping includes a stylish combination of mulch, turf and garden beds with trees and shrubs.
• Side and rear fencing, along with wing fences, create private outdoor areas for each resident.
• Each courtyard includes a concrete outdoor seating area designed for low-maintenance living.

Whether you're looking to diversify your investments or secure a low-maintenance home, this Co-living in Wonthaggi delivers on all fronts. With its balance of comfort and growth potential, It's an opportunity worth securing. An investment that stands out for the future.

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: Co-Living: The Future of Australian Housing.