Matilda Crescent, Lara, Geelong VIC (4 beds)

Description

A 4-bedroom, 4-bathroom co-living property located in the Coridale Estate, Lara. It features turnkey inclusions and options for upgrades.

Suburb profile:

Lara, a suburb in the Geelong region of Victoria, is known for its blend of residential living and natural surroundings. It offers close proximity to Melbourne and Geelong and is well-suited for families and investors.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer-designed slab up to P Classification
• Termite treatment
• Site fencing
• Waste management
• Compliance with council requirements

Preliminary Inclusions:

• Building permit
• Energy rating report (minimum 7 stars)
• Bushfire compliance (if applicable)
• Engineer's site assessment

Internal Inclusions:

• High ceilings (2590mm ground floor)
• 20mm engineered stone benchtops in kitchens and bathrooms
• Ducted heating
• Laminate timber flooring

External Inclusions:

• Face brickwork
• Concrete roof tiles
• Colorbond fascia and gutters
• Rendered front facades
• Sectional garage door with remote controls
• Plaster-lined alfresco areas

Landscaping Inclusions:

• Coloured concrete driveway and paths
• Turf to front and rear gardens
• Drought-resistant planting
• Letterbox
• Clothesline

Electrical Inclusions:

• LED downlights throughout
• Double power points
• Smoke detectors with battery backup
• Provision for TV and data points

Appliance Inclusions:

• 900mm stainless steel oven, cooktop, rangehood
• Dishwasher
• Provisions for a microwave

Upgraded Inclusions:

• Option to upgrade to multi-head split systems for beds and living areas for $14,100

Energy Efficiency:

• 7-star energy rating
• PV system to meet energy rating requirements

Warranties:

• 3-month maintenance
• 10-year structural warranty

This turnkey property in Lara’s Coridale Estate offers modern co-living design with comprehensive inclusions and upgrade options, making it ideal for investors or families seeking comfort and quality.

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