Sold Featured Dual Key Rental Guarantee

Lot 161 Elegante Road, Delacombe VIC

City of Ballarat, VIC, 3358

$ 685,999

Sold Featured Dual Key Rental Guarantee
City of Ballarat, VIC, 3358
Lot 161 Elegante Road, Delacombe VIC-0
Lot 161 Elegante Road, Delacombe VIC-1

Property Images

Lot 161 Elegante Road, Delacombe VIC-0 Lot 161 Elegante Road, Delacombe VIC-1

Overview

Property ID: LA-8153

  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 3+1
  • Bathrooms
  • 2
  • Cars
  • 208

Details

Updated on Dec 05, 2024 at 01:11 pm

Property Type: House and Land
Price: $ 685,999
Land Price: $ 281,000
Build Price: $ 404,999
Gross Per Week: $ 720
Gross Per Annum: $ 37,440
Gross Yield: 5.46%
Capital Growth 12 Months: -5.57%
Capital Growth 10 Year Annualised: N/A
Vacancy Rate: 15.77%
Property Size: 208 m2
Land Area: 392 m2
Bedrooms: 4
Bathrooms: 3+1
Parking: 2
Title Status: Titled
Property ID: 8153
SKU: 1023

Description

This dual-key property offers an investment opportunity with modern design, spacious living, and separate dwelling access. It features four bedrooms, three bathrooms, and a dedicated parking space in a growing area of Delacombe, VIC.

Suburb profile:

Delacombe is located within the Ballarat Region in Victoria. Known for its growth and community-friendly environment, Delacombe offers proximity to essential amenities, schools, and parks, making it an attractive suburb for both investors and residents alike.


Internal Inclusions:

  • Reverse cycle split system to living area, alarm system, downlights throughout, floor coverings as per specification, window furnishings, and a dishwasher.

External Inclusions:

  • Fly screens and fly doors, clothesline, letterbox, fencing, and driveway.

Landscaping Inclusions:

  • Fully landscaped front and rear yards.
  • Standard rear landscaping 
  • Additional concrete paving to front/side garden as per Gemini-DK concept drawing  
  • For the Gemini, the electrician will set up for separate check meter in the meter box plus adding an extra lighting circuit and 2 power circuits for the house.
  • The plumber will set up a second water meter and run 2 separate water lines – one for each living area.
  • The design also includes 2 separate NBN boxes – one for each area.

Appliance Inclusions:

  • Dishwasher

Other Details:

Unit 1 (Front unit)

  • 1 No. 5kw Reverse Cycle Split System 
  • Chef 540mm Freestanding Electric Cooker
  • Rangehood Slideout - Technika (SL10160I-4) 600mm 10amp
  • Kitchen Inset Sink - Radiant Sink Single End Bowl Stainless Steel (1 taphole)
  • Electric heat pump: Rheem Electric Heat Pump DH 50L 2.4KW 191050G5
  • 1 No. Double Power Point to fridge space
  • 1No. TV & Data point 
  • 3 No. Double Power Point
  • 1 No. External light point outside sliding door
  • Washing machine taps/outlet/power point provisions for future washing machine next to vanity in Bathroom 
  • Note: Standard fixtures, tapware & toilet suite provided
  • Solid Core Door with brushes to door seals
  • Acoustic Insulation (sound batts) to unit 1 

Unit 2 (Rear unit) 

  • Standard Specs 
  • Reverse Cycle Split System (Bed 2 & Living) 
  • Standard 600mm gas appliances to Kitchen 
  • Gas boosted solar HWS  


This dual-key property at Lot 161, Elegante Road, Delacombe, presents a promising investment with a steady rental yield and strong capital growth potential in a family-friendly suburb.

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. 

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 161 Elegante Road, Delacombe VIC
City City of Ballarat
State VIC
Postcode 3358
Suburb N/A

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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.

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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