Lot 116 Palomino, Armstrong Creek VIC (Model B)

Geelong, VIC, 3217

$ 977,150

Geelong, VIC, 3217
Lot 116 Palomino, Armstrong Creek VIC (Model B)-0

Property Images

Lot 116 Palomino, Armstrong Creek VIC (Model B)-0

Overview

Property ID: LA-25931

  • Dual Key
  • Property Type
  • 3+1
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1
  • Cars
  • 209

Details

Updated on May 28, 2026 at 04:51 pm

Property Type: Dual Key
Price: $ 977,150
Land Price: $ 479,000
Build Price: $ 498,150
Gross Per Week: $ 830*
Gross Per Annum: $ 43,160
Gross Yield: 4.42%
Capital Growth 12 Months: 7.99%
Capital Growth 10 Year Annualised: 4.14%
Vacancy Rate: 1.35%
Property Size: 209 m2
Land Area: 480 m2
Bedrooms: 3+1
Bathrooms: 2+1
Parking: 1
Title Status: Titled
Property ID: 25931
SKU: 1039

Description

This Dual Key in Armstrong Creek offers a well-balanced combination of modern living and investment potential. Featuring 3+1 bedrooms, 2+1 bathrooms and 1 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.


Suburb profile:

Armstrong Creek is one of the fastest-growing suburbs in the Geelong region, strategically located between Geelong CBD and the Surf Coast. The area is known for its master-planned estates, modern infrastructure, and strong population growth attracting both families and investors. Residents benefit from access to schools, shopping centres, parklands, and convenient transport links to both Geelong and Melbourne. Continued development and proximity to coastal lifestyle destinations make Armstrong Creek a highly desirable location for long-term property investment.


Inclusions:

  • Full turnkey inclusions
  • Front & rear landscaping, driveway, and fencing
  • 20mm stone benchtops throughout
  • Architecturally designed façade/home
  • 2590mm high ceilings throughout
  • LED downlights throughout
  • Remote control garage door
  • European appliances
  • Alarm system
  • Tile splashback to kitchen

Site Inclusions - Site Works, Foundations & Connections:

  • Up to Class ‘H’ concrete slab
  • Allowance for site fall across building envelope
  • Rock excavation allowance
  • Temporary fencing to council requirements
  • Environmental silt fence
  • Termite treatment provided
  • Connections to water, sewer, stormwater, electricity, and data conduit
  • Recycled water connection if required by estate
  • Rainwater tank if required by developer guidelines

Preliminary Inclusions:

  • Fixed price building contract
  • Developer guideline compliance
  • 7-star energy rating compliance
  • Working drawings and standard siting requirements
  • Standard council and estate approvals

Internal Inclusions:

  • Flush panel internal doors
  • Laminate cabinetry throughout
  • Polished edge mirrors to bathrooms and ensuites
  • Step-free tiled shower bases
  • Floor tiles to wet areas
  • Laminate timber flooring and carpet throughout
  • Built-in robes with shelving and hanging rails
  • Panel heaters to bedrooms
  • Split system air conditioning to living area
  • Roller blinds and flyscreens throughout

External Inclusions:

  • Architecturally designed façade
  • Brick veneer construction
  • Colourbond or tiled roof (builder/design specific)
  • Aluminium windows throughout
  • Weather seals to external doors
  • Colour concrete or exposed aggregate driveway
  • Remote control sectional garage door

Landscaping Inclusions:

  • Front and rear landscaping
  • Turf and garden beds
  • Permeable toppings where required
  • Drip irrigation system with timer
  • Clothesline and letterbox
  • Timber fencing with side gate

Electrical Inclusions:

  • LED downlights throughout
  • Double power points throughout
  • TV points and antenna
  • Telephone/data points
  • Hardwired smoke detectors with battery backup
  • Safety switches and circuit breakers
  • Alarm system with sensors and keypad

Appliance Inclusions:

  • European-style stainless steel oven
  • Induction cooktop
  • Rangehood
  • Dishwasher
  • Heat pump hot water system
  • Washer/dryer combo to secondary dwelling where applicable

Upgraded Inclusions:

  • Double glazed windows
  • Additional acoustic insulation between dwellings
  • Hebel wall system where applicable
  • Additional split system air conditioning
  • Additional power points
  • Secondary dwelling alarm system
  • Exposed aggregate paving
  • Solar PV system

Furniture Pack Inclusions:

  • Furniture packs available upon request
  • Optional investor furnishing packages

Energy Efficiency:

  • Minimum 7-star energy rating
  • Insulation to walls and ceilings
  • Double glazed windows where applicable
  • Solar PV system
  • Heat pump hot water service
  • Energy-efficient lighting throughout

Warranties:

  • Builder structural warranty
  • Manufacturer warranties on appliances and fittings
  • Workmanship warranty as per builder standards

Offering a blend of functionality, style and growth potential, this Dual Key in Armstrong Creek is designed to perform. Whether for investment or living, it provides lasting value in a competitive market. A property that meets both present and future needs.

Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximize their returns.

These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.

This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.

The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements.

Floor plans

floor_plan.png
Address Lot 116 Palomino, Armstrong Creek VIC (Model B)
City Geelong
State VIC
Postcode 3217
Suburb N/A
Estate Palomino

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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.

SMSF Single Contract

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