Lot S1015 Tendulkar Drive, Accolade Estate, Rockbank VIC

Description

This co-living property offers a modern, high-yield investment opportunity located in the growing suburb of Rockbank, VIC. The single-contract home includes four bedrooms, three bathrooms, and two living areas designed for multi-tenant living. With proximity to key transport links and services, this property is well-suited for investors seeking reliable rental income.

Suburb profile:

Rockbank is situated within Melbourne’s western growth corridor, a rapidly expanding area popular with families and investors. The suburb boasts easy access to the Western Freeway and nearby Rockbank train station, offering convenient travel to Melbourne CBD. As the area develops, more schools, parks, and shopping precincts are being added, enhancing its appeal for residents.

Site Inclusions - Site Works, Foundations & Connections:

• Site survey, soil test, and site inspections
• Connection to mains power, sewer drainage, stormwater, and water supply
• Term guard termite system

Preliminary Inclusions:

• Building permit application and fees
• Drafting of plans
• Homeowner's warranty insurance

Internal Inclusions:

• Carpet and tile flooring
• 20mm stone benchtops (zero silica)
• LED downlights
• Full internal painting
• Reverse cycle ducted split system

External Inclusions:

• Colorbond® fascia, guttering, and downpipes
• Double lock-up garage with remote control door
• Full-share timber fencing
• Flyscreens to all openable windows

Landscaping Inclusions:

• Coloured concrete driveway
• Front and rear landscaping with drought-resistant plants
• Fold-out clothesline

Electrical Inclusions:

• Hardwired smoke detectors
• RCD safety switches and circuit breakers
• TV antennae with pre-wiring to two points

Appliance Inclusions:

• 600mm fan-forced electric oven
• 600mm cooktop
• 600mm rangehood
• Dishwasher

Upgraded Inclusions:

• Holland blinds and flyscreens

Energy Efficiency:

• 7-star energy rating
• Insulation to ceiling and external brick walls

Warranties:

• Three-month maintenance guarantee

Other Details:

• Full turnkey inclusions
• Tiled alfresco area and front porch
• Recycled water connection

This turnkey co-living property at Lot 1015 Tendulkar Drive offers a comprehensive investment package with a strong rental yield of 6.24%, ideal for investors seeking hassle-free, high-return properties in Melbourne’s western growth corridor. 

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