22 164 Army Road Pakenham, VIC 3810

Pakenham, Cardinia, VIC, 3810

$ 912,000

Pakenham, Cardinia, VIC, 3810
Co living Investment Property in Pakenham, VIC (7.7% Yield) | Aus Investment Properties - Photo 1

Property Images

Co living Investment Property in Pakenham, VIC (7.7% Yield) | Aus Investment Properties - Photo 1
  • Co living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 186

Details

Updated on Oct 16, 2026

Property Type: Co living
Price: $ 912,000
Land Price: $ 424,000
Build Price: $ 488,000
Gross Per Week: $ 1,350
Gross Per Annum: $ 70,200
Gross Yield: 7.7%
Capital Growth 12 Months: 6.15%
10Yr Annualised Growth: 7.18%
Vacancy Rate: 0.94%
Property Size: 186 m2
Land Area: 421 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Title Status: Registered
Property ID: 38054
SKU: 1045

Description

This modern Co Living in Pakenham delivers a compelling opportunity for both investors and homeowners. Featuring 5 bedrooms, 5 bathrooms and 2 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.

Pakenham is a well-established suburb in Melbourne's southeast, offering excellent schools, shopping centres, and transport connections. With easy access to the Princes Highway and train services, Pakenham appeals to families and investors alike. Ongoing development continues to support strong rental demand and growth.

Whether you're looking to diversify your investments or secure a low-maintenance home, this Co Living in Pakenham delivers on all fronts. With its balance of comfort and growth potential, it's an opportunity worth securing. An investment that stands out for the future.

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

Features

  • Split system air-con units to all bedrooms
  • 2,700mm high ceilings throughout
  • 20mm stone edging to stove and kitchen island benchtop
  • Electric 600mm kitchen appliances & 600mm dishwasher
  • Study bench to all bedrooms (as per plan)
  • Timber laminate flooring to entry, living and kitchen areas
  • Tiles to wet areas; carpets to bedrooms
  • Flyscreens on all openable windows
  • Coloured concrete to driveway and path
  • Landscaping, fencing, clothesline and letterbox
  • LED lights throughout the house
  • Sectional panel lift garage door with 2 remote controls
  • Fixed site costs up to P-class* (excluding rock removal & retaining walls)

Floor plans

Co living Investment Property in Pakenham, VIC (7.7% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 22 164 Army Road Pakenham, VIC 3810
City Cardinia
State VIC
Postcode 3810
Suburb Pakenham
Estate Radison Estate
Region Melbourne

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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