Featured Co-Living Rental Guarantee

Lot 136 Munster Road, Donnybrook VIC

Melbourne, VIC, 3064

$ 774,802

Featured Co-Living Rental Guarantee
Melbourne, VIC, 3064
Lot 136 Munster Road, Donnybrook VIC-0
Lot 136 Munster Road, Donnybrook VIC-1

Property Images

Lot 136 Munster Road, Donnybrook VIC-0 Lot 136 Munster Road, Donnybrook VIC-1

Overview

Property ID: LA-13740

  • Co-Living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 187

Details

Updated on May 15, 2025 at 03:37 pm

Property Type: Co-Living
Price: $ 774,802
Land Price: $ 365,000
Build Price: $ 409,802
Gross Per Week: $ 720
Gross Per Annum: $ 37,440
Gross Yield: 4.83%
Capital Growth 12 Months: 0.85%
Capital Growth 10 Year Annualised: 6.02%
Vacancy Rate: 2.30%
Property Size: 187 m2
Land Area: 401 m2
Bedrooms: 3
Bathrooms: 3
Parking: 2
Title Status: Titled
Property ID: 13740
SKU: 1015

Description

This is a co-living property located in Donnybrook, VIC, featuring a single-storey layout with 3 bedrooms, 3 bathrooms, and 2 car spaces. The Chelsea 19 design offers turnkey inclusions. Situated on a 401m² titled lot in Heartford Estate, this home is ideal for investors seeking a quality build with low-maintenance requirements.

Suburb profile:

Donnybrook is a rapidly growing suburb located approximately 30km north of Melbourne CBD. It is part of the City of Whittlesea and is well-connected via Donnybrook Train Station and the Hume Freeway. The area is seeing significant residential development and infrastructure upgrades, making it a promising location for property investment.


Site Inclusions

  • Property information, site survey, soil test and site inspections
  • Drafting of plans and structural engineering design
  • Building permit application and homeowners warranty insurance
  • Construction of a Class 1 dwelling
  • Three-month maintenance guarantee
  • Community infrastructure levies
  • Bushfire compliance up to BAL 12.5
  • Installation of underground power, water, and telecommunications provisions
  • Earthworks and site levelling up to 300mm
  • Site classification up to and including “H2” class
  • Concrete waffle slab design
  • Termite protection system where required
  • Sewer and stormwater connections

Internal Inclusions

  • Plasterboard to ceilings and walls
  • Water-resistant plasterboard to wet areas
  • Cove cornices
  • Flat acrylic ceiling paint
  • Low sheen acrylic wall paint
  • Gloss enamel to doors, jambs, and mouldings
  • MDF base staircase with carpet finish
  • Painted or varnished timber handrail
  • Walk-in robe with melamine shelf and rail
  • Built-in robes with melamine shelf and rail
  • Vinyl finish roller robe doors with satin chrome tracks
  • Linen and broom cupboards with melamine shelving
  • Ceramic floor tiles to wet areas and entry hallway
  • Carpet with underlay to bedrooms, robes, living areas, and stairs
  • Internal holland blinds to accessible windows and doors

External Inclusions

  • Natural clay bricks with rolled mortar joints
  • Fibre cement sheet infill panels above doors/windows
  • Acrylic texture render and cladding as per design
  • Solid core front entrance door
  • Aluminium framed, lockable sliding door and windows
  • Double glazing as required
  • Concrete roof tiles
  • Colorbond rainheads, fascia, guttering, downpipes
  • Garage with brick veneer and timber frame, plaster ceiling, tiled skirting, motorised panel lift door with 2 remotes

Landscaping Inclusions

  • Full share 1800mm high fencing with wing return
  • Topsoil and seeded grass
  • Feature pebbles, pine mulching, and tuscan toppings
  • Feature trees and garden plants
  • Preformed letterbox
  • Wall-mounted fold down clothesline
  • Concrete pavers as per design

3 beds - Optional $24,990 Furniture package includes

  • Queen Beds with Mattresses
  • Drawers, Side Tables & Lamps
  • Sofa, TV Unit, Coffee Table, Armchair
  • TV & Internet Modem
  • Dining Table & Chairs
  • Kitchen & Laundry Appliances
  • Full Cookware & Cutlery Set

Electrical Inclusions

  • LED downlights throughout
  • LED batten light to garage
  • Floodlights to external yard exit points
  • Double power points throughout
  • Two TV points
  • Roof-mounted antenna
  • Two telecommunication points
  • Hardwired smoke detectors with battery backup
  • Doorbell with internal chime

Appliance Inclusions

  • 600mm fan-forced electric oven
  • 600mm electric cooktop
  • 600mm canopy rangehood
  • 600mm stainless steel dishwasher

Upgraded Inclusions

  • 20mm zero silica stone benchtops throughout
  • Ducted refrigerated heating & cooling
  • Coloured concrete driveway
  • Holland blinds
  • Flyscreens

Energy Efficiency

  • Wool insulation batts to meet 7-star energy rating
  • Double glazing as required
  • 170L electric boosted heat pump hot water unit
  • Provision for 2000L water tank or recycled water connection

Warranties:

  • Three-month maintenance guarantee
  • Homeowners warranty insurance


This co-living investment property in Donnybrook VIC offers a high-quality, fixed-price turnkey solution on a titled lot. Featuring premium upgrades and energy-efficient systems, it's an ideal opportunity for investors looking for strong returns and low-maintenance ownership.

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.

Documents

Co-Living Appraisal Letter_Lot 136 Munster Road, Donnybrook, VIC, 3064_1747287421ciWj4.pdf

Rental Appraisal

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Furniture Package

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Rental Guarantee

Address Lot 136 Munster Road, Donnybrook VIC
City Melbourne
State VIC
Postcode 3064
Suburb N/A

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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.

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