Pinhook Street, Wyndham Vale VIC (4 beds)

Description

This is a proposed 4-bedroom, 4-bathroom co-living property with a double garage located in Winterset Lodge Estate, Wyndham Vale. The property features the Jersey 23 CL (Co-Living 1B) design and offers a turnkey investment with high-yield potential in a growing area.

Suburb profile:

Wyndham Vale is a rapidly developing suburb located in Melbourne’s west, approximately 31km from the CBD. The area offers affordable housing options, family-friendly amenities, schools, public transport, and access to green spaces, making it attractive for both residents and investors.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer Site Assessment & Survey
• Building Permit
• Energy Rating Report (min. 7 star)
• Bushfire (BAL) Compliance (where applicable)
• Stormwater, Sewer, Water & Single-Phase Underground Power (to existing infrastructure)
• Recycled Water (where applicable)
• NBN run in to front of home (where available)
• Telephone, Electricity & Gas by builder; connection fees by owner
• Engineer Designed Slab – Up to P Classification (no piers or suspended slab allowed)
• Site fall over building area no greater than 500mm
• Rock excavation & removal allowance included (explosives & core drilling not included)
• Termite Treatment
• Temporary Fencing
• Site Signage & Waste Management to meet Council Requirements

Preliminary Inclusions:

• 3-month maintenance
• 10-year structural warranty

Internal Inclusions:

• 2590mm ceiling height on ground floor
• Flush panel 2040mm high internal doors
• Chrome door furniture to internal doors
• Programmable Entry Lockset with PIN Code keypad to all bedroom doors
• Privacy Lock to bathroom, ensuite, powder (design specific)
• 67mm bevelled skirting & architraves
• Door stops to all hinged doors
• 10mm plaster board to walls & ceilings
• Water resistant plaster board to all wet areas
• 75mm cove cornice throughout
• Insulation to all external walls & ceilings
• Carpet to bedrooms & lounge (design specific)
• Laminate timber look flooring to family, living areas & kitchen (installed after skirting with quad finish)
• Water-based acrylic paint to walls & ceilings
• Gloss enamel water-based paint to internal doors, architraves, skirting boards and door jambs
• Walk in robe including 1 white melamine shelf & hanging rail (design specific)
• Robes including mirror sliding doors, 1 white melamine shelf & hanging rail (design specific)
• Linen including shelves & doors (design specific)

External Inclusions:

• Face brickwork to extent shown on final drawings
• Rolled joints with natural colour mortar
• Acrylic rendered features to front facade (design specific)
• Rendered lightweight or painted cement sheet cladding to extent shown on final drawings
• Painted infill above garage door (design specific)
• Concrete roof tiles
• Colorbond fascia, guttering and downpipes
• Feature Aluminium Windows to front facade (design specific)
• Aluminium Windows & External Doors to remainder
• Keyed Locks to all openable windows and doors
• Aluminium Framed Flyscreens
• Feature Front Entry Door (design specific)
• Programmable Entry Lockset with PIN Code keypad to front door
• Sectional Colorbond garage door with 2 remote controls
• Garage with plasterboard lined ceiling & walls with cove cornice (design specific)
• Concrete slab garage floor
• Hinged External Access Door with Entry Lockset (design specific)
• Flush panel hinged internal access door to garage (design specific)
• Outdoor living/alfresco area with plaster-lined ceiling and concrete slab floor

Landscaping Inclusions:

• Coloured concrete driveway & path to front porch (design specific)
• Turf to front & rear garden
• Lilydale / Tuscan Toppings (as determined by builder)
• Drought-resistant planting to front & rear garden beds including mulch (extent determined by builder)
• Letter box
• Ground mount folding clothesline
• Landscaping design to be determined by builder
• Boundary fencing in accordance with Estate Requirements

Electrical Inclusions:

• White LED downlights throughout house
• White LED downlights to entry & outdoor areas
• 1 fluorescent strip light to garage
• Floodlight with sensor outside external doors (design specific)
• Double power points throughout house
• Single power points to fridge and dishwasher space
• 1 TV point in living
• Telephone / Data points in kitchen & bedrooms
• Ducted exhaust fans with timer to bathroom, ensuite, laundry, powder (design specific), interlocked with room light
• White wall mounted switches & GPO’s
• White smoke detectors hardwired with battery backup
• RCD Safety Switch

Appliance Inclusions:

• 900mm electric oven stainless steel
• 900mm electric cooktop
• 900mm rangehood stainless steel
• Freestanding underbench stainless steel dishwasher
• Microwave provision (design specific)
• 1 & ¾ bowl stainless steel sink
• Sink mixer tap
• Heat Pump with Natural Gas Booster or Electric Heat Pump (where gas not available)
• 2 external taps – 1 front, 1 rear

Upgraded Inclusions:

• Add $9,500 for upgrade to multi-head split system to beds & living

Energy Efficiency:

• Energy Rating Report (minimum 7 stars)
• PV System to meet energy rating requirements
• Insulation to all external walls & ceilings

Warranties:

• 3-month maintenance
• 10-year structural warranty

This co-living property in Wyndham Vale is a new build investment opportunity, featuring a fully turnkey package with premium inclusions and strong potential rental yield.

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