Lot S527 Bridge Road, Melton South VIC

Description

This is a co-living property located in Skylark Rise Estate, Melton South. The property offers a modern and functional living arrangement designed to accommodate multiple occupants while ensuring privacy and comfort. It features a total of three bedrooms, three bathrooms, and a single-car garage. The property is built to a high standard with premium inclusions and a full turnkey finish, making it a ready-to-move-in investment opportunity.

Suburb profile:

Melton South is a growing suburb located in the western region of Melbourne, Victoria. It offers a mix of established amenities and ongoing infrastructure development, making it an attractive location for both homeowners and investors. The suburb provides access to schools, shopping centers, public transport options, and recreational facilities. With continued urban expansion and connectivity to Melbourne’s CBD, Melton South presents strong potential for capital growth and rental demand.

Site Inclusions:

• Fixed price site costs, including rock excavation

Internal Inclusions:

• Engineered waffle slab
• Pine wall frames and roof trusses
• 2590mm ceiling height to single storey
• 2590mm ceiling height to ground floor and 2440mm to first floor in double storey
• Plasterboard walls, ceilings, and cornices
• 67mm single bevel architrave and skirting
• 75mm scotia cornice
• Melamine shelf with hanging rail to bedroom robes
• 2040mm high flush panel internal doors with lever handles
• Obscure glazing to ensuite, bathroom, and WC
• Aluminium sliding windows with window locks keyed alike
• Venetians to front windows and roller blinds to other clear-glazed windows and sliding doors
• Three-coat paint system throughout with gloss enamel paint to architrave 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 mortar and rolled joints
• Brickwork above windows to front façade
• Painted infills above garage door and windows/doors at sides and rear
• Plaster ceiling to porch and outdoor living areas (if applicable)
• Two-part termite treatment
• Color-through concrete driveway and path to porch
• Letterbox with numbers
• Colorbond sectional panel lift garage door with motor and two remote controls
• Weatherproof door to the rear of the garage (if applicable)
• Flush panel garage/house access door (if applicable)
• Concrete garage floor
• Feature front entry door with clear glazing and double-cylinder deadbolt

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:

• Double power points throughout
• LED downlights throughout
• Single weatherproof LED floodlight with sensor outside 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 and canopy rangehood
• Stainless steel dishwasher
• 20mm Caesarstone benchtops with 20mm square edge
• Laminate base cabinets and overhead cabinets with bulkhead above
• Stainless steel double bowl sink
• Mixer tap
• Tiled splashback
• Four melamine shelves in 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:

• Fixed price contract
• 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 fiber optic connection)
• Independent quality inspections
• Full house clean on completion
• Three-month maintenance period
• Homeowners warranty
• 10-year structural warranty

This property in Skylark Rise Estate, Melton South, is a fully turnkey co-living investment opportunity offering a well-designed layout with modern inclusions. With strong rental appeal and high-quality finishes, it presents a hassle-free investment with fixed pricing and warranties ensuring long-term security.

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