Overview
Property ID: LA-9498
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Dec 16, 2024 at 10:07 am
Property Type: | Co-Living |
---|---|
Price: | $ 846,000 |
Land Price: | $ 412,000 |
Build Price: | $ 434,000 |
Gross Per Week: | $ 1,400 |
Gross Per Annum: | $ 72,800 |
Gross Yield: | 8.61% |
Capital Growth 12 Months: | 0.70% |
Capital Growth 10 Year Annualised: | 5.05% |
Vacancy Rate: | 2.45% |
Property Size: | 205 m2 |
Land Area: | 350 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | February 2025 |
Property ID: | 9498 |
SKU: | 1036 |
Description
This co-living property in Clyde North is a fully turnkey investment offering five bedrooms and five bathrooms. With its modern design and energy-efficient features, the property promises strong rental yields and minimal management hassle. Located in the growing Evergreen Estate, this home is ideal for investors seeking high returns in South East Melbourne.
Suburb profile:
Clyde North is a thriving suburb in Melbourne’s South East, offering excellent amenities, schools, parks, and shopping centers. Its proximity to Melbourne CBD and increasing residential developments make it a prime location for families and investors.
Site Inclusions - Site Works, Foundations & Connections:
- Engineer-designed slab
- Stormwater, sewer, and water connections
- NBN-ready infrastructure
Preliminary Inclusions:
- Soil test and survey
- Building permit and energy rating report
- Bushfire compliance
Internal Inclusions:
- 2590mm ceiling heights
- Carpet to bedrooms and lounge areas
- Laminate flooring to living areas
External Inclusions:
- Concrete roof tiles
- Colorbond fascia and gutters
- Feature front entry door
Landscaping Inclusions:
- Colored concrete driveway and pathways
- Turf to front and rear gardens
- Drought-resistant planting
Electrical Inclusions:
- White LED downlights
- Double power points throughout
- Ducted exhaust fans
Appliance Inclusions:
- 900mm electric oven and cooktop
- Freestanding dishwasher
Upgraded Inclusions:
- Multi-head split system for beds and living areas ($14,100 upgrade)
Energy Efficiency:
- 7-star energy rating
Warranties:
- 10-year structural warranty
- 3-month maintenance period
This co-living property in Evergreen Estate offers investors a high-yield turnkey solution in a growing area. With five bedrooms, premium inclusions, and a reliable rental income, it’s a profitable addition to any portfolio.
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.