Featured Co-Living Rental Guarantee

Hanish Street, Truganina VIC (5 beds)

Melbourne, VIC, 3029

$ 814,000

Featured Co-Living Rental Guarantee
Melbourne, VIC, 3029
Hanish Street, Truganina VIC (5 beds)-0
Hanish Street, Truganina VIC (5 beds)-1

Property Images

Hanish Street, Truganina VIC (5 beds)-0 Hanish Street, Truganina VIC (5 beds)-1

Overview

Property ID: LA-11648

  • Co-Living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 205

Details

Updated on Mar 12, 2025 at 11:01 am

Property Type: Co-Living
Price: $ 814,000
Land Price: $ 385,000
Build Price: $ 429,000
Gross Per Week: $ 1,250
Gross Per Annum: $ 65,000
Gross Yield: 7.99%
Capital Growth 12 Months: -0.15%
Capital Growth 10 Year Annualised: 5.86%
Vacancy Rate: 3.04%
Property Size: 205 m2
Land Area: 415 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Title Status: Titled
Property ID: 11648
SKU: 1036

Description

This is a co-living investment property featuring a modern five-bedroom, five-bathroom home with a two-car garage. The property is designed for shared living arrangements, offering high rental yield potential. It is located in Grandview Estate, Truganina, a growing suburb with strong infrastructure and investment appeal.

Suburb profile:

Truganina is a rapidly developing suburb in Melbourne’s west, offering excellent connectivity to major transport routes, including the Western Freeway and Princes Freeway. The area is known for its growing amenities, including schools, shopping centers, and parks, making it a desirable location for families and investors alike. The suburb continues to experience high demand for rental properties due to its proximity to employment hubs and the Melbourne CBD.


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 into the front of the home (where available)
  • Engineer Designed Slab – Up to P Classification (no piers or suspended slab allowed)
  • Termite Treatment
  • Temporary Fencing
  • Site Signage & Waste Management to meet Council Requirements

Preliminary Inclusions:

  • Rock excavation & removal allowance included (explosives & core drilling not included)

Internal Inclusions:

  • 2590mm high (nominal) ceiling heights to the ground floor
  • 2040mm high internal doors
  • Chrome door furniture to internal doors
  • Privacy locks to bathrooms and ensuites
  • Carpet to bedrooms & lounge
  • Laminate timber-look flooring to family living areas & kitchen
  • 20mm engineered stone benchtops in kitchen and bathrooms
  • Laminated cabinetry throughout
  • Water-based acrylic paint to walls & ceilings
  • Gloss enamel water-based paint to internal doors, architraves, skirting boards, and door jambs
  • Plasterboard lined walls & ceilings with 75mm cove cornice
  • Block-out roller blinds to all windows and external doors

External Inclusions:

  • Face brickwork to the extent shown on final drawings
  • Acrylic rendered features to the front facade (design specific)
  • Rendered lightweight cladding or painted cement sheet cladding
  • Concrete roof tiles
  • Colorbond fascia, guttering, and downpipes
  • Feature aluminum windows to the front facade
  • Aluminum framed flyscreens to all openable windows
  • Sectional Colorbond garage door with two remote controls

Landscaping Inclusions:

  • Coloured concrete driveway & path to front porch
  • Turf to front & rear gardens
  • Drought-resistant planting to front & rear garden beds with mulch
  • Letterbox
  • Ground mount folding clothesline
  • Landscaping design determined by the builder
  • Boundary fencing in accordance with Estate Requirements

Electrical Inclusions:

  • White LED downlights throughout the house
  • White LED downlights in entry & covered outdoor areas
  • One fluorescent strip light in the garage
  • Floodlight with sensor outside external doors
  • Double power points throughout
  • Single power points for the fridge and dishwasher
  • One TV point in the living area (antenna not included)
  • Telephone/Data points in kitchen and bedrooms
  • Ducted exhaust fans with timers in bathrooms, ensuites, laundry, and powder rooms (design specific)
  • White wall-mounted switches & GPOs
  • Hardwired smoke detectors with battery backup
  • RCD Safety Switch

Appliance Inclusions:

  • 900mm electric oven stainless steel
  • 900mm electric cooktop
  • 900mm rangehood stainless steel
  • Freestanding under-bench dishwasher stainless steel
  • Microwave provision (design specific)
  • 1 & ¾ bowl stainless steel sink
  • Sink mixer tap

5 beds - Optional $32,990 Furniture package includes

  • Queen Beds with Mattresses
  • Drawers, Side Tables & Lamps
  • Sofa, TV Unit, Coffee Table, Armchair
  • TV & Internet Modem
  • Dining Table & Chairs
  • Kitchen & Laundry Appliances
  • Full Cookware & Cutlery Set

Upgraded Inclusions:

  • Add $14,100 for upgrade to multi-head split system to beds & living

Energy Efficiency:

  • Minimum 7-star energy rating
  • Insulation to all external walls & ceilings as defined in the home-specific energy rating report
  • Heat Pump with Natural Gas Booster or Electric Heat Pump (where gas is unavailable)
  • PV System to meet energy rating requirements

Warranties:

  • Three-month maintenance period
  • 10-year structural warranty


This co-living property in Grandview Estate, Truganina, offers a modern design with premium inclusions and strong investment potential. With its high-quality finishes, energy-efficient design, and prime location, it provides an excellent opportunity for investors seeking high rental returns in a rapidly growing 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.

Documents

Hanish Street, Truganina_1741737615E4OAd.pdf

Rental Appraisal

view?usp=drive_link

Furniture Package

view?usp=drive_link

Rental Guarantee

Address Hanish Street, Truganina VIC (5 beds)
City Melbourne
State VIC
Postcode 3029
Suburb N/A

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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.

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