Overview
Property ID: LA-9691
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Dec 16, 2024 at 04:26 pm
Property Type: | Co-Living |
---|---|
Price: | $ 856,000 |
Land Price: | $ 422,000 |
Build Price: | $ 434,000 |
Gross Per Week: | $ 1,400 |
Gross Per Annum: | $ 72,800 |
Gross Yield: | 8.50% |
Capital Growth 12 Months: | 0.70% |
Capital Growth 10 Year Annualised: | 5.05% |
Vacancy Rate: | 2.45% |
Property Size: | 205 m2 |
Land Area: | 426 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | February 2025 |
Property ID: | 9691 |
SKU: | 1036 |
Description
This co-living property, located in Evergreen Estate in Clyde North, offers an outstanding investment opportunity with a five-bedroom, five-bathroom layout. The package includes modern turnkey features designed for investor convenience.
Suburb Profile:
Clyde North, located in Melbourne's South-East growth corridor, is a booming suburb with excellent infrastructure development. Known for its family-friendly communities, access to major roads, schools, and shopping centers, Clyde North is ideal for investors and residents seeking modern living with strong growth potential.
Site Inclusions - Site Works, Foundations & Connections:
- Engineer-designed slab (P-class classification)
- Site fall under 500mm
- Stormwater and utility connections
- Termite treatment
- Rock excavation allowance
- Temporary fencing
Preliminary Inclusions:
- Site assessment, soil test, survey, and building permits
Internal Inclusions:
- Engineered stone benchtops
- Laminate cabinetry
- 2040mm internal flush panel doors
- Carpet to bedrooms
- Laminate timber look flooring
- Ceramic tiling in wet areas
- Split system air-conditioning
- Ducted heating
External Inclusions:
- Face brickwork with rendered features
- Colorbond roofing and guttering
- Feature front door with programmable PIN lock
- Sectional Colorbond garage door with remotes
Landscaping Inclusions:
- Turf to front and rear
- Concrete driveway
- Drought-tolerant plants with mulch
- Letterbox
- Ground-mounted clothesline
Electrical Inclusions:
- White LED downlights
- Floodlight with sensor
- RCD safety switch
- TV and data points
- Smoke detectors
- Double power points throughout
Appliance Inclusions:
- 900mm stainless steel oven
- 900mm stainless steel cooktop
- 900mm stainless steel rangehood
- Freestanding dishwasher
Upgraded Inclusions:
- Optional upgrade: $14,100 for a multi-head split system to beds and living areas
Energy Efficiency:
- 7-star energy rating
- Heat pump hot water system
- PV solar system
Warranties:
- 3-month maintenance and 10-year structural warranty.
This five-bedroom co-living property in Clyde North offers a modern and practical investment opportunity with high-quality inclusions, future growth potential, and a fully turnkey package.
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
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
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.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.