Lot S18 Kardina Street, Ballarat VIC

Description

Located in Lucio Estate, Ballarat, this co-living property features the Drake 19 GE Summit design, offering four bedrooms, three bathrooms, and a double garage. This full turnkey package includes landscaping, fencing, and driveway, with quality internal and external finishes and colour selections. The land size is 388m² and the house spans 174.86m². The contract is structured as a two-part contract with an expected title date of April 2025.

Suburb profile:

Ballarat is a major regional city in Victoria, located about 100 km northwest of Melbourne. Known for its rich gold rush history and heritage architecture, Ballarat also offers modern amenities, a growing population, quality schools, healthcare facilities, and excellent transport connections. It continues to attract investors due to its affordability and strong rental demand.

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs including rock excavation

Internal Inclusions:

• Engineered waffle slab
• Pine wall frames and roof trusses
• 2590mm ceiling height to single storey
• Plasterboard walls, ceilings and cornice
• 67mm single bevel architrave and skirting
• 75mm scotia cornice
• Melamine shelf with hanging rail to bedroom robes
• 2040mm high flush panel doors
• Lever door handles
• Obscure glazing to ensuite, bathroom and WC
• Aluminium sliding windows
• Window locks keyed alike
• Venetians to front windows, roller blinds to remaining clear glazed windows (excluding stairwell) and sliding doors
• Three coat paint system
• Gloss enamel paint to architraves and skirting
• Flyscreens to all openable windows
• Barrier doors to all sliding doors

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutter and downpipes
• Bricks with natural colour mortar and rolled joints
• Brickwork above windows to front façade
• Painted infills above garage and other windows
• Plaster ceiling to porch and outdoor living (if applicable)
• Two-part termite treatment
• Colour through concrete driveway and path to porch
• Letterbox with numbers
• Colorbond sectional Panelift garage door with motor and 2 remotes
• Weatherproof rear garage door (plan specific)
• Flush panel garage/house access door (plan specific)
• Concrete garage floor
• Feature 2040mm x 820mm front entry door with clear glazing
• Double cylinder deadbolt to front entry
• Entrance set to all external hinged doors

Landscaping Inclusions:

• Turf, plants, mulch and toppings to front and rear yards
• Irrigation connected to two garden taps with timers
• Compacted paths around house perimeter
• Timber fencing with wing fence and gate
• Nature strip levelled and seeded
• Clothesline

Electrical Inclusions:

• Double power points throughout
• LED downlights throughout
• Single weatherproof LED flood light with sensor outside laundry
• Hardwired smoke detectors with battery backup
• 2 TV points
• TV antenna (estate specific)
• 2 phone points

Appliance Inclusions:

• 900mm stainless steel upright cooker
• 900mm stainless steel canopy rangehood
• Stainless steel dishwasher
• Stainless steel double bowl sink
• Mixer tap
• Tiled splashback
• Melamine shelves in pantry
• Vanity basins
• Acrylic bath
• Semi-framed shower screens
• Tiled shower bases
• Polished edge mirrors
• Towel rails and toilet roll holders
• Toilet suites
• Laundry trough and cabinet
• Laundry mixer tap

Energy Efficiency:

• 6 star energy rating
• Solar hot water system with gas booster
• Insulation to walls and ceilings
• Self-sealing exhaust fans
• External venting to all exhausts and rangehoods

Warranties:

• Fixed price contract
• All required permits
• Survey and drafting plans
• Engineer-designed slab/foundations
• All service connections (excluding consumer account and fibre)
• Independent quality inspections
• Full house clean on completion
• 3-month maintenance period
• 10-year structural warranty
• Home owners warranty

This co-living property in Ballarat offers an ideal investment opportunity with full turnkey inclusions, high-quality finishes, and strong rental potential in a well-established and growing regional city.

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