Lot 1303 Marlee Drive, Armstrong Creek VIC

Armstrong Creek, Geelong, VIC, 3217

$ 702,450

Armstrong Creek, Geelong, VIC, 3217
Lot 1303 Marlee Drive, Armstrong Creek VIC-0
Lot 1303 Marlee Drive, Armstrong Creek VIC-1
Lot 1303 Marlee Drive, Armstrong Creek VIC-2
Lot 1303 Marlee Drive, Armstrong Creek VIC-3
Lot 1303 Marlee Drive, Armstrong Creek VIC-4

Property Images

Lot 1303 Marlee Drive, Armstrong Creek VIC-0 Lot 1303 Marlee Drive, Armstrong Creek VIC-1 Lot 1303 Marlee Drive, Armstrong Creek VIC-2 Lot 1303 Marlee Drive, Armstrong Creek VIC-3 Lot 1303 Marlee Drive, Armstrong Creek VIC-4

Overview

Property ID: LA-17366

  • Co-Living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 150

Details

Updated on Sep 01, 2025 at 10:57 am

Property Type: Co-Living
Price: $ 702,450
Land Price: $ 355,000
Build Price: $ 347,450
Gross Per Week: $ 690
Gross Per Annum: $ 35,880
Gross Yield: 5.11%
Capital Growth 12 Months: 0.15%
Capital Growth 10 Year Annualised: 4.73%
Vacancy Rate: 2.46%
Property Size: 150 m2
Land Area: 350 m2
Bedrooms: 3
Bathrooms: 3
Parking: 2
Title Status: September 2025
Property ID: 17366
SKU: 1029

Description

This stunning co-living property in Armstrong Creek VIC offers a thoughtfully designed modern home in the Glenlee Estate. Featuring 3 spacious bedrooms, 3 bathrooms, and a double garage, this property ensures both comfort and practicality. With a land size of 350m² and a total house size of 150m², it provides an excellent balance of private and communal spaces. The turnkey inclusions and high-quality finishes make it an ideal choice for investors seeking long-term value.

Suburb profile:

Armstrong Creek is one of Geelong’s fastest-growing suburbs, offering a family-friendly environment with excellent connectivity. The area boasts close access to schools, shopping centres, parks, and transport links, making it attractive for both families and professionals. With its proximity to Geelong CBD and the Surf Coast, Armstrong Creek provides a convenient lifestyle with a blend of city amenities and coastal living. The suburb continues to experience strong demand, underpinned by infrastructure investment and population growth.


Inclusions:

  • 100% full turnkey package
  • Landscaping, fencing and driveway included
  • 2590mm ceilings
  • 900mm stainless steel appliances

External Inclusions:

  • Concrete roof tiles, Colorbond fascia, gutter and downpipes
  • Brickwork with natural colour mortar and rolled joints
  • Concrete driveway and letterbox with numbers
  • Colorbond sectional garage door with motor and 2 remote controls

Internal Inclusions:

  • Timber laminate flooring to main areas
  • Carpet to bedrooms
  • 20mm Caesarstone benchtops
  • Semi-framed shower screens and tiled shower bases
  • LED downlights throughout

Landscaping Inclusions:

  • Front and rear landscaping with turf, plants and mulch
  • Timber fencing with wing fence and gate
  • Clothesline and nature strips levelled and seeded

Electrical Inclusions:

  • Double power points throughout
  • TV and phone points
  • Hardwired smoke detectors with battery backup
  • Weatherproof LED flood light with sensor

Appliance Inclusions:

  • 900mm stainless steel upright cooker
  • 900mm stainless steel canopy rangehood
  • Stainless steel dishwasher
  • Stainless steel double bowl sink with mixer tap

Energy Efficiency:

  • 7-Star Energy Rating
  • Solar hot water system with gas booster
  • Insulation to walls and ceilings
  • Self-sealing exhaust fans

Warranties:

  • 10-year structural warranty
  • Home owners warranty
  • Independent quality inspections

This premium co-living property combines modern living with strong investment potential, offering both high demand and long-term capital growth prospects.

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.

Address Lot 1303 Marlee Drive, Armstrong Creek VIC
City Geelong
State VIC
Postcode 3217
Suburb Armstrong Creek

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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.

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