Wheatsheaf Road, Wyndham Vale VIC (5 beds)

Description

This co-living property features 5 bedrooms and 5 bathrooms with a 2-car garage. The Lincoln 20 CL (Co-Living 1B) design is situated in the Savana Estate at Wheatsheaf Road, Wyndham Vale, VIC 3024. With a titled 350m² lot, east-facing orientation, and a total house area of 177.17m², this property offers an affordable investment opportunity for those targeting high rental yields through co-living arrangements.

Suburb profile:

Wyndham Vale is a rapidly growing suburb in Melbourne's west, located approximately 31 km from the CBD. It offers convenient access to schools, shopping centres, public transport including the V/Line train, and green open spaces. The suburb has become popular among families and investors due to its affordability, infrastructure improvements, and proximity to Werribee and the regional corridor.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer site assessment and survey
• Building permit
• Energy rating report minimum 7-star
• Bushfire compliance where applicable
• Stormwater, sewer, water, and single-phase underground power
• Recycled water where applicable
• NBN run-in to front of home where available
• Telephone, electricity, and gas by builder; connection fees by owner
• Engineer-designed slab – up to P classification
• Site fall up to 500mm
• Rock excavation and removal allowance included
• Termite treatment
• Temporary fencing
• Site signage and waste management to meet council requirements

Internal Inclusions:

• 2590mm ceiling height (ground floor)
• 2440mm ceiling height (first floor – if applicable)
• 900mm electric oven, cooktop, and rangehood
• Freestanding underbench dishwasher
• Microwave provision
• 20mm engineered stone benchtops (kitchen and bathrooms)
• Laminate cabinetry with chrome handles
• Inset vanity basin with chrome plug and waste
• Semi-framed shower screens
• Mixer tapware
• Freestanding acrylic bath (design specific)
• Polished edge mirror
• Tiled shower bases
• Stainless steel laundry trough with cabinet
• Mixer tapware and washing machine stops
• Ceramic wall and floor tiles to wet areas
• Carpet to bedrooms and lounge
• Laminate timber look flooring to main living
• Water-based paint to walls and ceilings
• Gloss enamel water-based paint to internal woodwork
• 10mm plasterboard
• Water-resistant plasterboard to wet areas
• 75mm cove cornices
• Flush panel 2040mm internal doors
• Chrome door hardware
• Programmable keypad lockset on bedroom doors
• Privacy locks on bathrooms and powder rooms
• 67mm bevelled skirting and architraves
• Door stops to all hinged doors
• Built-in robes with mirrored sliding doors
• Walk-in robes and linen cupboards (design specific)

External Inclusions:

• Face brickwork with natural mortar
• Acrylic rendered features to front facade
• Painted cement sheet or lightweight cladding
• Painted infill above garage door
• Concrete roof tiles
• Colorbond fascia, gutters, and downpipes
• Feature aluminium windows to front facade
• Aluminium windows and external doors
• Flyscreens to openable windows
• Feature front entry door with programmable keypad lock
• Sectional Colorbond garage door with two remotes
• Plaster-lined ceiling and walls in garage
• Concrete slab garage floor
• Alfresco area with plaster ceiling and concrete floor (design specific)

Landscaping Inclusions:

• Coloured concrete driveway and front path
• Turf to front and rear
• Drought-resistant planting with mulch
• Lilydale/Tuscan toppings as determined by builder
• Letterbox
• Ground-mounted folding clothesline
• Landscaping design to be determined by builder
• Boundary fencing in line with estate requirements

Electrical Inclusions:

• White LED downlights throughout (design specific)
• Floodlight with sensor at external doors
• Fluorescent light in garage
• Double and single power points throughout (design specific)
• TV point in living room (antenna not included)
• Phone/data points in kitchen and bedrooms
• Ducted exhaust fans with timers (interlocked with lights)
• White switches and GPOs
• Hardwired smoke detectors with battery backup
• RCD safety switch

Appliance Inclusions:

• 900mm stainless steel electric oven, cooktop, and rangehood
• Freestanding underbench dishwasher
• 1 ¾ bowl stainless steel sink
• Sink mixer tap

Upgraded Inclusions:

• Multi-head split system upgrade for bedrooms and living ($9,500)

Energy Efficiency:

• Minimum 7-star energy rating
• PV system to meet energy requirements
• Insulation to external walls and ceilings
• Heat pump hot water system with natural gas booster or electric (depending on availability)

Warranties:

• 3-month maintenance
• 10-year structural warranty

This is a fully turnkey co-living investment property in Wyndham Vale, ideally positioned in the Savana Estate. It includes extensive inclusions designed for Rooming House compliance and offers high potential for strong rental yields.

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