Nurture Street, Mambourin VIC

Description

The property is a 5-bedroom, 5-bathroom co-living home located in Mambourin Estate. It offers modern amenities and is designed for shared living. It includes a spacious layout with two living areas and two parking spaces. This turnkey package provides an investment opportunity in a growing suburb in the Greater Melbourne area.

Suburb profile:

Mambourin is a growing suburb in the Greater Melbourne region, located in the western part of Victoria. It is a rapidly developing area with residential estates, schools, and local amenities. The suburb is well-connected to the Melbourne CBD, making it a convenient location for commuters. The area is also known for its modern urban developments and potential for capital growth.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer Designed Slab – Up to P Classification
• Stormwater, Sewer, Water, and Single-Phase Underground Power
• Recycled Water (where applicable)
• NBN run-in to the front of the home

Preliminary Inclusions:

• Engineer Site Assessment & Survey
• Building Permit
• Energy Rating Report (min. 7-star)
• Bushfire (BAL) Compliance (where applicable)

Internal Inclusions:

• 2590mm ceiling height
• Kitchen with 20mm engineered stone benchtops, stainless steel appliances
• Gas ducted heating, Split system air-conditioning
• Carpet to bedrooms and laminate timber flooring to living areas

External Inclusions:

• Feature Front Entry Door with programmable entry lockset
• Aluminium windows and Colorbond roofing
• Sectional garage door with two remote controls

Landscaping Inclusions:

• Coloured concrete driveway and path to front porch
• Turf and drought-resistant planting to front and rear gardens
• Boundary fencing

Electrical Inclusions:

• White LED downlights throughout the house
• Double power points throughout
• TV point in the living area

Appliance Inclusions:

• 900mm electric oven, cooktop, and rangehood
• Freestanding underbench dishwasher

Upgraded Inclusions:

• Add $14,100 for upgrade to multi-head split system to beds & living

Energy Efficiency:

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

Warranties:

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

This co-living property in Mambourin offers a solid investment opportunity with modern amenities, energy-efficient features, and a convenient location in a growing suburb near Melbourne. It presents a turnkey package that is ready for immediate occupation or rental.

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