Located in the highly sought after suburb of Thornton, this Brand New CUSTOM CO-LIVING residence showcases high-end features throughout each of the two premises. The design offers a seamless flow of open-plan living and dining, and private bedrooms, bathrooms and courtyards to ensure tenant enjoyment.

KEY POINTS TO CONSIDER

* Turnkey finish & SMSF suitable – single contract
* Two Dwellings
* $145,000 Annual Rent – Custom Co-living!
* 2 x 4 bedrooms each with own ensuite, BIR and private courtyard
* 8 x Individual 12-month leases – a vacancy will only decrease the return by 1/8 of the rental income
* Gourmet kitchen with stone benchtops, stainless steel appliances
* Double lock-up garage plus extra off-street parking.
* Reverse-cycle DUCTED air-conditioning to each dwelling.
* Each Dwelling has 7.89Kw Solar system to keep energy costs down
* Up to 9.2 NATHERS star rating
* Double Glazed doors and windows

Central to Newcastle, Maitland and the Hunter Valley Wine Region as well as having easy access to public transport and the M1 Motorway, Thornton offers convenient living with its own shopping village, library, sports fields and parks while being just five minutes from Green Hills Shopping Centre at East Maitland and the New Maitland Hospital.

- Within 30 minutes of Newcastle & Beaches
- Within 30 minutes of Newcastle Airport
- Within 10 minutes of Maitland Hospital
- Within 10 minutes of Stockland Green Hills shopping Centre
- Within 20 minutes of Maitland and Raymond Terrace town centres
- Commuting distance of the Hunter Valley mines
- Large Industrial areas of Thornton / Beresfield within 5 Minutes
- Rental demand is high and vacancies for new stock are basically zero.
- Target market for tenants is employees of the new Maitland Hospital that has just opened in Thornton.

Co-living properties are a growing trend in the rental market, especially among young professionals and digital nomads who value flexibility, convenience and community. Co-living properties offer tenants shared spaces and amenities such as kitchens, living rooms, alfresco and laundries, as well as the privacy of their own bedrooms and bathrooms.

As well as being a great option for affordability and connection for single occupant tenants, Co-living properties benefit landlords (aka investors!) in several ways. Some of the reasons why co-living investments are attractive for investors:

Higher rental income:
* Co-living properties generate higher rents than traditional dwellings, due to their higher rental income per square meter – every meter is maximised for income!
* Tenants on individual leases and pay a lower (for them) per room rate, but the combined per room rentals (3-5 per property) add up to more than a landlord can charge for a traditional 3-4 bedroom dwelling.
* With 3 to 4 separate rentals per property, compared to 1 for a traditional investment, its not hard to see why co-living is so attractive for build one’s investment portfolio!

Higher occupancy rate:
* Co-living properties attract tenants by offering affordable rentals, flexible lease terms, and inclusive bills.
* Co-living properties also reduce tenant turnover by fostering a sense of community and belonging among the residents – residents tend to stay longer and renew their leases more often.

High demand:
* We are in the midst of a nationwide rental crisis. More and more, people are looking for an affordable housing solution.
* Co-living also appeals to digital nomads, freelancers and remote workers and the average full-time worker who just can’t afford a traditional $600 per week rental!

Co-living caters to the needs of our growing population, especially millennials, young professionals and average income workers who value affordability, convenience and social interaction. Not only is Co-living a viable option for residents and addresses Australia’s ever increasing rental crisis, but it is also a lucrative opportunity for investors.

FULL TURN KEY FINSIH – NOTHING MORE TO SPEND!

Single contract: SMSF SUITABLE

Contact Grant today for more information on 0400 160 162

Render Disclaimer: These are artists impressions only to reflect the facade design, please refer to the contract and specifications for house facades and fittings. Colours shown are for illustrative purposes only, please refer to the Colour Selections Options in your contract.