Lot S2632 Harlem Way, Berwick VIC

Description

This Co-Living investment property in Berwick is designed to provide a high-yield rental solution with five separate bedrooms, each featuring private ensuite bathrooms. This modern home includes premium finishes and energy-efficient features, offering investors an excellent opportunity in a sought-after suburb.

Suburb profile:

Berwick is a prestigious suburb in Melbourne's southeast, offering a family-friendly environment with leafy streets and modern amenities. Known for its excellent schools, vibrant shopping precincts, and proximity to scenic parks, Berwick provides a balanced lifestyle for residents and strong investment potential for buyers.

Site Inclusions - Site Works, Foundations & Connections:

• Soil test, engineer site assessment, and survey.
• Building permit and energy rating report (minimum 7-star).
• Bushfire BAL compliance where applicable.
• Connection to stormwater, sewer, water, and power infrastructure.
• NBN provisions and recycled water where available.
• Engineer-designed slab, rock excavation allowance, and termite treatment.

Preliminary Inclusions:

• Temporary fencing, site signage, and waste management.

Internal Inclusions:

• 2590mm high ceilings on the ground floor.
• 20mm engineered stone benchtops in kitchen and bathrooms.
• Semi-framed shower screens, tiled shower bases, and freestanding bath.
• Mixer tapware and polished-edge mirrors.
• Laminate cabinetry and chrome hardware.
• Carpet to bedrooms and laminate flooring in living areas.

External Inclusions:

• Concrete roof tiles, Colorbond fascia, and aluminium windows.
• Rendered lightweight cladding and painted cement sheet cladding.
• Feature aluminium windows on the front façade.

Landscaping Inclusions:

• Turf, garden beds, colored concrete driveway, and folding clothesline.
• Boundary fencing compliant with estate requirements.

Electrical Inclusions:

• LED downlights, external floodlight with a sensor.
• Double power points and TV/data points in key areas.
• Ducted exhaust fans, split system air conditioning in the living area.

Appliance Inclusions:

• 900mm electric oven, cooktop, rangehood, and freestanding dishwasher.

Energy Efficiency:

• PV solar system, heat pump hot water system, and energy-efficient lighting.

Warranties:

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

This co-living property in Berwick offers a premium investment opportunity, combining modern design, high-yield potential, and an excellent location in one of Melbourne's most desirable suburbs.

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