Maywood Rd, Manor Lakes VIC (5 beds)

Description

This modern co-living property is a high-yield investment opportunity, offering five spacious bedrooms each with private ensuite, generous communal living and dining areas, and contemporary finishes throughout. Designed with both comfort and functionality in mind, the home provides privacy for residents while fostering a sense of community. With turnkey inclusions and a prime location, this property is tailored for investors seeking reliable rental returns.

Suburb profile:

Manor Lakes is a thriving suburb in Melbourne’s west, known for its family-friendly atmosphere, modern amenities, and strong infrastructure growth. The area offers easy access to schools, shopping centres, parks, and public transport, making it highly attractive for both families and young professionals. With ongoing development and excellent connectivity to the CBD, Manor Lakes is one of Melbourne’s key growth corridors and continues to show strong demand for rental properties.

Inclusions:

• 5 private bedrooms each with ensuite bathrooms
• Open-plan kitchen, dining, and living areas
• Modern turnkey finish with quality fixtures
• 2590mm high ceilings and energy-efficient design

Site Inclusions - Site Works, Foundations & Connections:

• Engineer-designed slab up to P classification
• Stormwater, sewer, water and underground power connections
• NBN provision and recycled water (where available)
• Temporary fencing, waste management, and termite treatment

Preliminary Inclusions:

• Site assessment and survey
• Energy rating report (minimum 7 star)
• Building permit and BAL compliance where applicable

Internal Inclusions:

• Stone benchtops to kitchen and ensuites
• Laminate cabinetry with chrome handles
• Carpet to bedrooms and timber-look flooring to living areas
• Blockout roller blinds to windows and doors

External Inclusions:

• Face brickwork and rendered feature to façade
• Concrete roof tiles and Colorbond guttering
• Sectional Colorbond garage door with remotes
• Boundary fencing in accordance with estate requirements

Landscaping Inclusions:

• Coloured concrete driveway
• Irrigated turf to front and rear
• Drought-resistant planting with mulch
• Letterbox and folding clothesline

Electrical Inclusions:

• LED downlights throughout
• Double power points to all rooms
• Hardwired smoke detectors with battery backup
• Split system air conditioning to living

Appliance Inclusions:

• 900mm electric oven, ceramic cooktop, and rangehood
• 600mm stainless steel dishwasher
• Microwave provision

Energy Efficiency:

• PV system to meet energy rating requirements
• 280L electric heat pump hot water system
• Insulation to all external walls and ceilings

Warranties:

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

This exceptional co-living property represents a strong investment opportunity, combining high rental appeal with long-term growth potential.

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