Lot S529 Bridge Road, Melton South VIC

Description

This co-living property is located in Skylark Rise Estate, Melton South. It features a modern home design with five bedrooms, five bathrooms, and a double garage, making it an ideal investment opportunity for co-living arrangements. The home is built with high-quality materials and finishes, offering a turnkey solution for investors or homeowners looking for a low-maintenance property. The property comes with premium inclusions such as high ceilings, modern appliances, and stylish interior selections.

Suburb Profile:

Melton South is a growing suburb in Melbourne's west, known for its affordability and strong investment potential. The suburb offers easy access to public transport, schools, shopping centers, and parks. With ongoing infrastructure developments and a strong rental market, Melton South is an attractive option for investors and homebuyers alike.

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs, including rock excavation.

Preliminary Inclusions:

• Survey and drafting plans, design guidelines, fixed-price contract, all permits as required by building regulations, engineer-designed slab/foundations, and independent quality inspections.

Internal Inclusions:

• 2590mm ceiling height
• Timber laminate flooring in entry and living areas
• Carpet in bedrooms and other areas
• Obscure glazing to ensuite, bathroom, and WC
• 2040mm high flush panel doors
• Window locks on all openable windows
• Roller blinds to all clear glazed windows (except stairwell) and sliding doors
• Three-coat paint system throughout
• Gloss enamel paint to architrave and skirting
• Flyscreens on all openable windows
• Barrier doors to all sliding doors

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutter, and downpipes
• Brickwork with natural color mortar (rolled joints)
• Painted infills above garage door and windows
• Termite treatment
• Color through concrete driveway and path to porch
• Letterbox with numbers

Landscaping Inclusions:

• Turf, plants, mulch, and toppings to front and rear yards
• Irrigation connected to two garden taps with timers
• Timber fencing, including wing fence and gate
• Nature strips leveled and seeded
• Clothesline

Electrical Inclusions:

• Double power points throughout
• LED downlights throughout
• Weatherproof LED floodlight with sensor outside laundry
• Hardwired smoke detectors with battery backup
• TV points (2)
• TV antenna (estate specific)
• Phone points (2)

Optional $32,990 Furniture package includes

• 5 x Queen Beds with Mattresses
• Drawers, Side Tables & Lamps
• Sofa, TV Unit, Coffee Table, Armchair
• TV & Internet Modem
• Dining Table & Chairs
• Kitchen & Laundry Appliances
• Full Cookware & Cutlery Set

Appliance Inclusions:

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

Upgraded Inclusions:

• Full turnkey price with landscaping, fencing, and driveway included
• High-quality finishes and premium appliances

Energy Efficiency:

• 6-star energy rating
• Solar hot water system 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:

• 3-month maintenance period
• Homeowners warranty
• 10-year structural warranty

This co-living property in Melton South offers a complete turnkey solution with premium inclusions and high-end finishes. With strong investment potential in a growing suburb, this property is an excellent choice for investors looking for a low-maintenance, high-return opportunity.

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