Lot S771 Sunglow Street, Vista Estate, Karnup WA

Description

This property is a co-living investment opportunity situated in the Vista Estate, Karnup, Western Australia. It features a spacious house area of 215m² on a 384m² land plot, designed with a focus on shared living spaces. The property is suitable for SMSF investors, offering a high rental yield and is expected to be titled by October 2024.

Suburb profile:

Karnup, located in Western Australia, is a developing suburb with a growing residential community. It is known for its close proximity to nature reserves and offers a tranquil living environment while still being accessible to key urban amenities.

This co-living property in Vista Estate offers a high rental yield with an estimated rental return of up to $1,600 per week. It is an attractive opportunity for SMSF investors looking for a titled property by late 2024.

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