6 PENSTONE CR, Lara VIC 3212

A rare opportunity to secure a high-yield co-living investment in the fast-growing Austin Estate, Lara.
This brand-new Custom 17sq Co-Living Home sits on a 238sqm titled lot and is already under construction, with completion scheduled for end of June 2025.
Designed specifically for investors seeking strong cashflow, minimal vacancy and modern turnkey living, this residence features:
Property Features
Three self-contained bedrooms, each with split-system heating & cooling
Digital key-locked bedrooms for privacy & security
Premium 40mm stone benchtops to kitchen, bathrooms & ensuites
Hybrid flooring throughout main areas + carpeted bedrooms
1200mm oversized ensuite shower & upgraded wet area tiles
PV solar panel system (7-Star Energy Rating)
Blinds, fencing, driveway, landscaping — fully turnkey
Modern kitchen with dishwasher, finger-pull overheads & upgraded storage
Extra electrical points, TV/data points in every room
Split systems to all bedrooms + main living (4 total)
This home is engineered for maximum rental return, with thoughtful design, durable finishes, and top-quality inclusions that appeal to long-term tenants.
Situated in the sought-after Austin Estate, Lara continues to benefit from rapid population growth, strong rental demand, new infrastructure and proximity to Geelong, Avalon Airport, elite schools and local amenities.