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Overview
Property ID: LA-12955
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Apr 23, 2025 at 01:45 pm
Property Type: | Co-Living |
---|---|
Price: | $ 880,600 |
Land Price: | $ 495,000 |
Build Price: | $ 385,600 |
Gross Per Week: | $ TBA |
Gross Per Annum: | $ TBA |
Gross Yield: | TBA% |
Capital Growth 12 Months: | 1.54% |
Capital Growth 10 Year Annualised: | 5.58% |
Vacancy Rate: | 1.26% |
Property Size: | 205 m2 |
Land Area: | 350 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | July 2025 |
Property ID: | 12955 |
SKU: | 1029 |
Description
This is a co-living property located at Lot 126 Pine Way, Officer. It comprises 5 bedrooms, 5 bathrooms, and a 2-car garage. With a land size of 350m² and a total house area of 205.75m², this turnkey package includes full landscaping, fencing, and driveway. The property boasts modern inclusions and a 7-star energy rating, offering a high-yield investment opportunity.
Suburb profile:
Officer is a fast-growing suburb in Melbourne’s south-east, within the Shire of Cardinia. It offers a family-friendly environment with a mix of new estates, schools, parks, and access to public transport. The suburb is well-connected via the Princes Highway and Officer Train Station, making it ideal for both families and investors.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed price site costs including rock excavation
Internal Inclusions:
- Engineered waffle slab
- Pine wall frames and roof trusses
- 2590mm ceiling height to single storey
- 2590mm ceiling height to ground floor and 2440mm to first floor of double storey
- Plasterboard walls, ceilings and cornice
- 67mm single bevel architrave and skirting
- 75mm scotia cornice
- 1 melamine shelf with hanging rail to bedroom robes
- 2040mm high flush panel doors throughout
- Lever door handles
- Obscure glazing to ensuite, bathroom and WC
- Aluminium sliding windows
- Window locks keyed alike
- Venetians to front windows, roller blinds to clear glazed windows and sliding doors (excluding stairwell)
- 3 coat paint system
- Gloss enamel to architrave and skirting
- Flyscreens to all openable windows
- Barrier doors to all sliding doors
- Gas ducted heating
- 1 split system air conditioner to living (single storey) or 2 units (double storey)
- Double power points throughout
- LED downlights throughout
- Weatherproof LED flood light with sensor at laundry
- Hardwired smoke detectors with battery backup
- 2 TV points
- TV antenna (estate specific)
- 2 phone points
External Inclusions:
- Concrete roof tiles
- Colorbond fascia, gutter and downpipes
- Bricks with natural colour mortar and rolled joints
- Brickwork above windows to front façade only
- Painted infills above garage and other windows/doors
- Plaster ceiling to porch and outdoor living (if applicable)
- Two-part termite treatment
- Colour-through concrete driveway and path to porch
- Letterbox with numbers
- Colorbond sectional panel lift garage door with motor and 2 remotes
- Weatherproof rear garage door (plan specific)
- Flush panel garage/house access door (plan specific)
- Concrete garage floor
- 2040mm x 820mm feature front entry door with clear glazing
- Double cylinder deadbolt to front entry
- Entrance set to all external hinged and garage/house access doors
Landscaping Inclusions:
- Combination of turf, plants, mulch and toppings to front and rear yards
- Irrigation connected to 2 garden taps with timers
- Compacted paths around perimeter
- Timber fencing including wing fence and gate
- Nature strips levelled and seeded
- Clothesline
Electrical Inclusions:
- Refer to internal inclusions above
Appliance Inclusions:
- 900mm stainless steel upright cooker
- 900mm stainless steel canopy rangehood
- Stainless steel dishwasher
- Stainless steel double bowl sink
- 20mm Caesarstone benchtops with square edge
- Laminate base and overhead cabinets
- Tiled splashback
- Mixer tap
- 4 melamine pantry shelves
Energy Efficiency:
- 7-star energy rating
- Solar hot water with gas booster
- Insulation to walls and ceilings
- Self-sealing exhaust fans above showers
- External venting to exhaust fans and rangehood
Warranties:
- Fixed price contract
- All required permits
- Survey and drafting plans
- Engineer-designed slab/foundations
- All service connections (excluding consumer account opening and fibre optic connection if applicable)
- Independent quality inspections
- Full house clean on completion
- 3-month maintenance period
- Home owners warranty
- 10-year structural warranty
This is a fully turnkey co-living property with high-quality finishes, energy-efficient features, and strong investment potential. Located in a thriving growth suburb, it offers long-term value and rental appeal.
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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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
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.