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Overview
Property ID: LA-11535
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Mar 12, 2025 at 01:52 pm
Property Type: | Co-Living |
---|---|
Price: | $ 1,101,000 |
Land Price: | $ 668,000 |
Build Price: | $ 433,000 |
Gross Per Week: | $ TBA |
Gross Per Annum: | $ TBA |
Gross Yield: | TBA% |
Capital Growth 12 Months: | 0.70% |
Capital Growth 10 Year Annualised: | 5.05% |
Vacancy Rate: | 2.45% |
Property Size: | 205 m2 |
Land Area: | 512 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | September 2025 |
Property ID: | 11535 |
SKU: | 1036 |
Description
This is a co-living investment property located in the Berwick Waters Estate, Clyde North, Victoria. Designed to provide multiple living spaces for shared accommodation, the Lincoln 23 CL model offers a turnkey solution for investors. The property features five bedrooms, each with its own ensuite, maximizing rental yield potential. It includes modern finishes, high-quality appliances, and energy-efficient systems, ensuring both tenant comfort and long-term investment value.
Suburb profile:
Clyde North is a rapidly growing suburb in Melbourne’s southeast, known for its family-friendly atmosphere, new housing developments, and strong investment potential. It offers easy access to shopping centers, schools, parks, and transport links, making it an attractive location for both homeowners and renters. The suburb is part of the high-growth Casey Council region, which continues to see significant infrastructure improvements and increased demand for housing.
Site Inclusions:
- Engineer Site Assessment & Survey
- Building Permit
- Energy Rating Report (minimum 7-star)
- Bushfire (BAL) Compliance (where applicable)
- Stormwater, sewer, water & single-phase underground power (to existing infrastructure)
- Recycled water (where applicable)
- NBN run-in to front of home (where available)
- Telephone, electricity & gas by builder; connection fees by owner
- Engineer-designed slab (up to P Classification)
- Rock excavation & removal allowance included
- Termite treatment
- Temporary fencing
- Site signage & waste management to meet council requirements
Internal Inclusions:
- 2590mm high ceilings (ground floor), 2440mm high ceilings (first floor for double-storey designs)
- Carpet to bedrooms & lounge
- Laminate timber-look flooring to family living areas & kitchen
- Water-based acrylic paint to all walls & ceilings
- Gloss enamel water-based paint to internal doors, architraves, skirting boards, and door jambs
- Plasterboard walls & ceilings, water-resistant plasterboard to wet areas
- 75mm cove cornice throughout
External Inclusions:
- Face brickwork to the extent shown on the final drawings
- Acrylic rendered features to the front facade
- Rendered lightweight cladding or painted cement sheet cladding
- Painted infill above the garage door (design specific)
- Concrete roof tiles
- Colorbond fascia, guttering, and downpipes
- Aluminium windows & external doors
- Feature aluminium windows to the front facade (design specific)
- Feature front entry door with programmable entry lockset with PIN code keypad
- Garage with sectional Colorbond garage door, remote controls, plasterboard lined ceiling & walls, and a concrete slab floor
- Outdoor living/alfresco with a plaster-lined ceiling and a concrete slab floor
Landscaping Inclusions:
- Coloured concrete driveway & path to the front porch
- Turf to front & rear garden
- Lilydale/Tuscan toppings
- Drought-resistant planting to front & rear garden beds, including mulch
- Letterbox
- Ground-mounted folding clothesline
- Boundary fencing as per estate requirements
Electrical Inclusions:
- White LED downlights throughout the house (design specific)
- White LED downlights in the entry & covered outdoor area
- Fluorescent strip light to the garage
- Floodlight with sensor outside external doors (design specific)
- Double power points throughout the house
- Single power points for the fridge and dishwasher space
- 1 TV point in the living area (antenna not included)
- Telephone/data points in the kitchen & bedrooms
- Ducted exhaust fans with timer to bathrooms, ensuite, laundry, and powder room
- Hardwired smoke detectors with battery backup
- RCD safety switch
Appliance Inclusions:
- 900mm electric oven (stainless steel)
- 900mm electric cooktop
- 900mm stainless steel rangehood
- Dishwasher (freestanding, under-bench, stainless steel)
- Microwave provision (design specific)
- 1¾ bowl stainless steel sink with mixer tap
Upgraded Inclusions:
- Multi-head split system upgrade available for bedrooms & living area ($14,100 extra)
Energy Efficiency:
- Minimum 7-star energy rating
- Insulation to all external walls & ceilings as per home-specific energy rating report
- PV solar system to meet energy rating requirements
- Heat pump hot water system with natural gas booster (or electric heat pump where gas is unavailable)
Warranties:
- 3-month maintenance period
- 10-year structural warranty
This co-living property in Clyde North provides a high-yield investment opportunity, designed for shared accommodation with five bedrooms and ensuites. It features a turnkey package with modern finishes, energy-efficient inclusions, and strong rental appeal in a high-growth area.
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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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.