Lot S518 Nightjar Place, Melton South VIC

Description

This co-living property is a modern home designed for shared living, featuring three bedrooms, each with an ensuite, ensuring privacy and comfort for all occupants. Located in the Skylark Rise Estate, Melton South, this property offers a turnkey solution with a fixed price, including landscaping, fencing, and driveway. The home is built to high standards with premium finishes and energy-efficient inclusions, making it an excellent investment opportunity.

Suburb profile:

Melton South is a rapidly growing suburb in Melbourne’s west, offering a blend of affordability and accessibility. The area is well-connected with train stations, major highways, and a variety of amenities, including schools, shopping centers, and parks. With ongoing infrastructure developments and strong rental demand, Melton South presents an attractive option for investors and homebuyers.

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs, including rock excavation.

Preliminary Inclusions:

• All necessary permits, engineering, drafting plans, and service connections.

Internal Inclusions:

• 2590mm ceiling height.
• Timber laminate flooring in entry and living areas.
• Carpet in bedrooms.
• Flush panel internal doors.
• Built-in wardrobes with shelves and hanging rails.
• 3-coat paint system throughout.
• LED downlights throughout.

External Inclusions:

• Concrete roof tiles.
• Colorbond fascia, gutter, and downpipes.
• Brickwork façade.
• Color-through concrete driveway and path to porch.
• Letterbox with street number.
• Colorbond sectional garage door with remote controls.
• Barrier doors to all sliding doors.

Landscaping Inclusions:

• Front and rear landscaping, including turf, plants, and mulch.
• Timber fencing with a wing fence and gate.
• Irrigation system with timers.

Electrical Inclusions:

• Double power points throughout.
• LED downlights.
• Hardwired smoke detectors with battery backup.
• Two TV points.
• 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 in the kitchen.
• Laminate base and overhead cabinets with bulkhead.
• Stainless steel double-bowl sink with mixer tap.
• Tiled splashback.

Upgraded Inclusions:

• Semi-framed shower screens.
• 20mm Caesarstone benchtops in bathrooms.
• Polished-edge mirrors to full width of vanities.
• Gas ducted heating.
• Split-system air conditioner in the main living area

Energy Efficiency:

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

Warranties:

• 10-year structural warranty.
• 3-month maintenance period.
• Homeowner's warranty.

This co-living property in Melton South is a turnkey investment opportunity, offering a modern design, high-quality finishes, and a fully inclusive fixed price. With premium inclusions, energy-efficient features, and strong rental demand, it is an excellent option for investors and occupants seeking a hassle-free living experience.

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