Lot S510 Pintail Drive, Melton South VIC

Description

This co-living property is a modern home located in Skylark Rise Estate, Melton South. Designed to accommodate multiple occupants, it features three bedrooms, each with its own ensuite, providing an ideal setup for shared living. The property offers a contemporary design with quality finishes and a fully turnkey package, ensuring a hassle-free investment opportunity. It includes a spacious open-plan family and meals area, a well-equipped kitchen, and a garage with remote control access. The home is positioned on a 315m² lot with an east-facing orientation and is expected to be titled in November 2024.

Suburb profile:

Melton South is a growing suburb in Melbourne’s outer west, known for its affordability and strong rental demand. It offers excellent access to public transport, including a railway station with direct connections to the CBD. The suburb has various schools, shopping centers, and recreational facilities, making it attractive to families and investors. Infrastructure developments in the area are expected to drive further capital growth.

Site Inclusions - Site Works, Foundations & Connections:

• Fixed Price Site Costs, including Rock Excavation.

Preliminary Inclusions:

• All Permits as Required by Building Regulations.
• Survey and Drafting Plans.
• Design Guidelines Fixed.
• Engineer Designed Slab/Foundations.
• All Service Connections (excluding consumer account opening and fibre optic connection if applicable).
• Independent Quality Inspections.
• Full House Clean on Completion.
• 3-Month Maintenance Period.
• 10-Year Structural Warranty.

Internal Inclusions:

• Engineered waffle slab with pine wall frames and roof trusses.
• 2590mm ceiling height to single-storey homes.
• 2590mm ceiling height to ground floor and 2440mm to the first floor in double-storey homes.
• Plasterboard walls, ceilings, and cornice.
• 67mm single bevel architrave and skirting.
• 75mm scotia cornice.
• 2040mm high flush panel doors throughout.
• Lever door handles.
• Obscure glazing to ensuite, bathroom, and WC.
• Aluminium sliding windows with locks to all openable windows (keyed alike).
• Venetians to front windows, roller blinds to remaining clear glazed windows and sliding doors.
• Three-coat paint system throughout.
• Gloss enamel paint to architrave and skirting.

External Inclusions:

• Concrete roof tiles.
• Colorbond fascia, gutter, and downpipes.
• Bricks with natural colour mortar and rolled joints.
• Brickwork above windows to front façade only.
• Painted infills above garage door and all windows and doors to sides and rear.
• Plaster ceiling to porch and outdoor living (if applicable).
• Two-part termite treatment.
• Colorbond sectional panel-lift garage door with motor and two remote controls.
• Weatherproof door to rear of garage (plan specific).
• Flush panel garage/house access door (plan specific).
• Concrete floor.

Landscaping Inclusions:

• Combination of turf, plants, mulch, and toppings to front and rear yards.
• Irrigation connected to two garden taps with timers.
• Compacted paths around the perimeter of the house.
• Timber fencing, including wing fence and gate, to all boundaries.
• Nature strips leveled and seeded.
• Clothesline.

Electrical Inclusions:

• Gas ducted heating.
• Split system air conditioner to the main living area (single-storey homes).
• Split system air conditioner to the main living area and master bedroom (double-storey homes).
• Double power points throughout.
• LED downlights throughout.
• Single weatherproof LED floodlight with a sensor outside the laundry.
• Hardwired smoke detectors with battery backup.
• Two TV points.
• One TV antenna (estate specific).
• Two phone points.

Appliance Inclusions:

• 900mm stainless steel upright cooker.
• 900mm stainless steel canopy rangehood.
• Stainless steel dishwasher.
• 20mm Caesarstone benchtops with a square edge.
• Laminate base and overhead cabinets with a bulkhead above.
• Stainless steel double-bowl sink.
• Mixer tap.
• Tiled splashback.
• Four melamine shelves to the pantry.

Energy Efficiency:

• 6-star energy rating.
• Solar hot water service with gas booster.
• Insulation to walls and ceilings.
• Self-sealing exhaust fans positioned above all showers.
• External venting to all exhaust fans and rangehoods.

Warranties:

• Homeowners warranty.
• 10-year structural warranty.

This co-living property in Melton South is an excellent investment opportunity, offering a fully turnkey package with premium inclusions. With its well-designed layout and strong rental potential, this home is ideal for investors seeking a high-demand rental property in a growing suburb.

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