Overview
Property ID: LA-9547
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 184
Details
Updated on Dec 16, 2024 at 06:27 pm
Property Type: | Co-Living |
---|---|
Price: | $ 887,140 |
Land Price: | $ 443,300 |
Build Price: | $ 443,840 |
Gross Per Week: | $ 840 |
Gross Per Annum: | $ 43,680 |
Gross Yield: | 4.92% |
Capital Growth 12 Months: | 12.86% |
Capital Growth 10 Year Annualised: | 4.27% |
Vacancy Rate: | 1.92% |
Property Size: | 184 m2 |
Land Area: | 402 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | April 2025 |
Property ID: | 9547 |
SKU: | 1012 |
Description
This modern co-living home in Carver's Reach, Park Ridge, features a contemporary design with three bedrooms, each with its ensuite, making it ideal for investors seeking high returns. The property offers premium inclusions and energy-efficient features on a 402m2 lot, combining style and practicality.
Suburb Profile:
Park Ridge is a vibrant suburb in Logan, Queensland, known for its family-friendly environment, excellent schools, and convenient access to major shopping centers. With its proximity to Brisbane and the Gold Coast, Park Ridge is a growing area that attracts both families and investors.
Site Inclusions - Site Works, Foundations & Connections:
- 400mm site scrape and excavation
- Slab design based on site investigations
- Termite treated timber frame and slab perimeter
Preliminary Inclusions:
- HIA fixed price contract
- Twelve-month maintenance warranty
- Soil test and contour survey
Internal Inclusions:
- 2550mm ceiling height
- Carpet in bedrooms and vinyl plank flooring in living areas
- Caesarstone benchtops in the kitchen and bathrooms
- Semi-framed shower screens
External Inclusions:
- Colorbond roof and gutters
- Exposed aggregate concrete driveway
Landscaping Inclusions:
- Turf to front and rear yards
- Fencing with one treated pine gate
- Letterbox with house number
Electrical Inclusions:
- LED ceiling lights and fans
- TV/data points in living areas and bedrooms
- 6kw solar system (up to 16 panels)
Appliance Inclusions:
- 600mm electric oven, cooktop, and dishwasher
Upgraded Inclusions:
- Additional eaves on the left side
- Digital locks on entry doors and bedrooms
Furniture Pack Inclusions:
- Optional co-living furniture package available
Energy Efficiency:
- 7-star energy rating
Warranties:
- 6.5-year structural warranty
- 25-year termite-resistant timber guarantee
- 5-year warranty on Colorbond roofing
This co-living property in Carver's Reach offers investors a turnkey solution with energy-efficient features and a modern design. Its location in the growing suburb of Park Ridge makes it a lucrative opportunity for those seeking high rental returns.
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.