Overview
Property ID: LA-7943
- House and Land
- Property Type
- 6
- Bedrooms
- 6
- Bathrooms
- 2
- Cars
- 210
Details
Updated on Oct 25, 2024 at 04:38 pm
Property Type: | House and Land |
---|---|
Price: | $ 1,002,490 |
Land Price: | $ 420,000 |
Build Price: | $ 582,490 |
Gross Per Week: | $ 1,680 |
Gross Per Annum: | $ 87,360 |
Gross Yield: | 8.71% |
Capital Growth 12 Months: | 0.70% |
Capital Growth 10 Year Annualised: | 5.01% |
Vacancy Rate: | 2.42% |
Property Size: | 210 m2 |
Land Area: | 350 m2 |
---|---|
Bedrooms: | 6 |
Bathrooms: | 6 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 7943 |
SKU: | 1026 |
Description
This is a 6-bedroom co-living house located in Clyde, VIC. It is designed to provide high rental returns and is situated on a 350 sqm plot. The property offers modern living with all essential amenities included, making it a great investment opportunity.
Suburb profile:
Clyde is a growing suburb in South-East Melbourne, offering a blend of suburban and semi-rural living. It is close to shopping centers, schools, and parks, making it an ideal location for families and investors alike. With continued infrastructure development, the area is poised for significant growth.
Site Inclusions:
- Sewage, storm-water, and electricity connections to authority's underground supply.
- Gas supply and telephone points provided.
Preliminary Inclusions:
- Working drawings, engineering reports, energy reports, soil reports, and developers' approval.
- Site costs based on a land size of 450 sqm, with a fixed site cost for H2 slab construction.
Internal Inclusions:
- 2040 x 820 mm flush panel internal doors.
- Lever handle from builders' range for internal doors.
- Plasterboard for internal walls and ceilings, with high gloss paint finish.
External Inclusions:
- Solid external doors, Colorbond roofing, metal fascia, and downpipes from builders' standard range.
- Brick on edge for window sills and natural mortar.
- External load light, exhaust fans to bathrooms, and smoke detectors installed.
Landscaping Inclusions:
- Colour concrete driveway, paths, and landscaping included.
Electrical Inclusions:
- LED downlights, light points with batten holders, telephone points, TV points, and external load light.
- Smoke detectors.
Appliance Inclusions:
- 900mm stainless steel oven, rangehood, cooktop, and dishwasher from builders' range.
Upgraded Inclusions:
- Split system air conditioning to all bedrooms.
- Timber laminate flooring and porcelain tiles in wet areas.
- Increase Ceiling Height to 2700mm - $5,000
Furniture Pack Inclusions:
- Includes beds, bedside tables, dining table, fridge, and other kitchen appliances.
- Professional cleaning and photography services are included in the furniture package price.
- Furniture Package - $27,500.
Energy Efficiency:
- Chromagen solar hot water system if recycled water is available.
Kitchen
Cabinets and Bench Top
- Cabinets with Silk Finish laminate doors
- White melamine shelving to all cupboards
- 20mm Stone bench-top builders range
- Tiled splashback to underside of overhead cupboards
- Stainless Steel 1 ½ bowl with one side drainer | Model: TBA
- Chrome mixer from the builders standard range
- Overhead cupboards (as per plan)
Other Details:
- 2550mm ceiling height throughout.
- Landscaping, fencing, and LED lighting around the house are included.
This 6-bedroom, 6-bathroom co-living house in Clyde, VIC, is a high-quality investment property offering excellent rental returns. With modern inclusions, energy-efficient appliances, and a complete furniture package, it provides a turn-key solution for investors.
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.