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Overview
Property ID: LA-11649
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Mar 12, 2025 at 11:05 am
Property Type: | Co-Living |
---|---|
Price: | $ 761,000 |
Land Price: | $ 350,000 |
Build Price: | $ 411,000 |
Gross Per Week: | $ 1,250 |
Gross Per Annum: | $ 65,000 |
Gross Yield: | 8.54% |
Capital Growth 12 Months: | -0.86% |
Capital Growth 10 Year Annualised: | 6.78% |
Vacancy Rate: | 4.55% |
Property Size: | 205 m2 |
Land Area: | 400 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 11649 |
SKU: | 1036 |
Description
This co-living property is located in Atherstone Estate, Strathtulloh, VIC. Designed for modern shared living, the home offers a well-thought-out layout with five bedrooms, five bathrooms, and a two-car garage. With a total house area of 205.42m² on a 400m² land lot, this property is a fully turnkey investment opportunity.
Suburb Profile:
Strathtulloh is a growing suburb in Melbourne's west, within the City of Melton. It is part of the Atherstone Estate, a master-planned community offering parks, schools, and shopping centers. The area has strong transport links to Melbourne’s CBD, making it attractive for residents seeking affordability and convenience.
Site Inclusions:
- Engineer Site Assessment & Survey
- Building Permit
- Energy Rating Report (min. 7 star)
- Bushfire (BAL) Compliance (where applicable)
- Stormwater, Sewer, Water & Single-Phase Underground Power
- Recycled Water (where applicable)
- NBN run-in to front of home (where available)
- Termite Treatment
- Temporary Fencing
- Rock excavation & removal allowance
Internal Inclusions:
- 2590mm high (nominal) ceiling heights on the ground floor
- Kitchen: 900mm electric oven, cooktop, rangehood, freestanding dishwasher, and microwave provision
- 20mm engineered stone benchtops in kitchen, bathrooms & laundry
- Laminate cabinetry with chrome handles
- Bathrooms include semi-framed shower screens, mixer tapware, and freestanding acrylic bath (design specific)
- Carpet to bedrooms & lounge, timber-look laminate flooring to family areas & kitchen
- Water-based acrylic paint to walls and ceilings
- Programmable Entry Lockset with PIN Code keypad to all bedroom doors
External Inclusions:
- Face brickwork and acrylic rendered features to front façade
- Concrete roof tiles
- Colorbond fascia, guttering, and downpipes
- Feature front entry door (design specific)
- Sectional Colorbond garage door with 2 remote controls
Landscaping Inclusions:
- Coloured concrete driveway & path to front porch
- Turf to front & rear garden
- Drought-resistant planting and mulch
- Letterbox and ground-mount folding clothesline
Electrical Inclusions:
- White LED downlights throughout the house, including the entry and outdoor areas
- Double power points throughout
- TV point in the living area (antenna not included)
- Telephone/data points in kitchen and bedrooms
- White smoke detectors hardwired with battery backup
- RCD Safety Switch
Appliance Inclusions:
- 900mm electric oven
- 900mm electric cooktop
- 900mm rangehood
- Freestanding under-bench dishwasher
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:
- Multi-head split system upgrade available for an additional $14,100
Energy Efficiency:
- Minimum 7-star energy rating
- PV system to meet energy rating requirements
- Heat pump hot water system with gas booster or electric heat pump (if gas not available)
Warranties:
- 3-month maintenance
- 10-year structural warranty
This co-living property in Atherstone Estate offers a modern shared living solution with high-quality inclusions, energy efficiency, and a turnkey investment opportunity in a growing suburb.
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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Melbourne, VIC, 3024ENQUIRE ABOUT THIS PROPERTY
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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.