Mintbush Street, Mambourin VIC

Description

This co-living investment property is a high-yielding residential dwelling featuring 5 bedrooms and 5 bathrooms, purpose-built for multiple tenancies. The property is part of the Mambourin Estate and comes with a titled 447m² block and a total house area of 205.42m². The home is fully turnkey and offers a low-maintenance investment option with significant rental appeal due to its design and inclusions.

Suburb profile:

Mambourin is a growing suburb located in the western growth corridor of Melbourne, Victoria. It is positioned within close proximity to Werribee and offers planned infrastructure including future town centres, schools, parks, and a train station. The area is targeted for significant residential and commercial development, making it attractive for investors and families seeking affordability and future capital growth.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer designed slab up to P classification
• Site fall allowance up to 500mm
• Rock excavation & removal allowance (excluding explosives or core drilling)
• Stormwater, sewer, water, and single-phase underground power
• Recycled water (where applicable)
• NBN run-in to front of home (where available)
• Termite treatment
• Temporary fencing
• Site signage & waste management to meet council requirements

Preliminary Inclusions :

• Engineer site assessment & survey
• Building permit
• Energy rating report (min. 7-star)
• Bushfire (BAL) compliance (where applicable)

Internal Inclusions:

• 10mm plasterboard to walls & ceilings
• Water-resistant plaster board to all wet areas
• 75mm cove cornice throughout
• 2590mm ceiling height (nominal) to ground floor
• Flush panel internal doors with chrome hardware
• Programmable entry locksets with PIN code to all bedroom doors
• Privacy locks to bathroom, ensuite, powder (design specific)
• Carpet to bedrooms and lounge
• Laminate timber-look flooring to family, living, and kitchen areas
• Chrome door furniture
• Door stops to all hinged doors
• Walk-in robe and mirrored sliding robes (design specific)
• Linen storage with shelving and doors (design specific)
• White melamine shelves and hanging rails
• Water-based acrylic paint to walls and ceilings
• Gloss enamel paint to internal doors, architraves, skirting, door jambs
• Stainless steel laundry trough with white metal cabinet
• Mixers and hot/cold washing machine stops
• Ceramic wall tiles to bathrooms, ensuite, kitchen/laundry splashback
• Ceramic floor tiles to wet areas
• Toilets, vanities, showers with semi-framed screens
• Single hand shower & rail
• Freestanding acrylic bath (design specific)
• Polished edge mirrors

External Inclusions:

• Face brickwork with rolled joints and natural mortar
• Acrylic rendered features and painted cladding (design specific)
• Concrete roof tiles
• Colorbond fascia, guttering and downpipes
• Aluminium windows and external doors
• Feature aluminium windows to front façade
• Aluminium flyscreens to all openable windows
• Feature front entry door with programmable PIN lockset
• Painted infill above garage door (design specific)
• Garage with sectional Colorbond door and 2 remotes
• Garage lined with plasterboard
• Concrete garage floor
• Hinged external access and internal access doors to garage

Landscaping Inclusions:

• Coloured concrete driveway and path to porch
• Turf to front and rear gardens
• Drought-resistant plants with mulch to garden beds
• Lilydale/Tuscan toppings as determined
• Letterbox
• Ground mount folding clothesline
• Landscaping design by builder

Electrical Inclusions:

• White LED downlights throughout home including entry and alfresco
• Fluorescent strip light to garage
• Floodlight with sensor at external doors (design specific)
• Double power points throughout
• Single power points to fridge and dishwasher spaces
• 1 TV point (living)
• Telephone/Data points to kitchen and bedrooms
• Ducted exhaust fans to bathroom, ensuite, laundry, powder
• White wall switches and GPOs
• Smoke detectors (hardwired with battery backup)
• RCD safety switch
• Note: TV antenna not included; cable coiled in roof for installation

Appliance Inclusions:

• 900mm stainless steel electric oven
• 900mm stainless steel electric cooktop
• 900mm stainless steel rangehood
• Freestanding underbench stainless steel dishwasher
• 1 & ¾ bowl stainless steel sink
• Sink mixer tap
• Microwave provision (design specific)

Upgraded Inclusions:

• Optional upgrade available: Add $14,100 for multi-head split system to all bedrooms and living area

Energy Efficiency:

• Minimum 7-star energy rating
• Insulation to all external walls and ceilings as per energy report
• Heat pump hot water system (electric or with natural gas booster)
• PV solar system to meet energy rating requirements

Warranties:

• Warranties (if Warranties are provided otherwise leave it blank): :
• 3-month maintenance warranty
• 10-year structural warranty

This fully turnkey co-living property in Mambourin offers an ideal investment opportunity with strong rental yield potential. Featuring 5 bedrooms with private access and quality inclusions, the property is designed to appeal to the growing demand for shared accommodation in a high-growth location.

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