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Overview
Property ID: LA-10786
- Co-Living
- Property Type
- 4
- Bedrooms
- 3.5
- Bathrooms
- 2
- Cars
- 180
Details
Updated on Feb 14, 2025 at 05:36 pm
Property Type: | Co-Living |
---|---|
Price: | $ 790,820 |
Land Price: | $ 403,000 |
Build Price: | $ 387,820 |
Gross Per Week: | $ TBA |
Gross Per Annum: | $ TBA |
Gross Yield: | TBA% |
Capital Growth 12 Months: | 0.85% |
Capital Growth 10 Year Annualised: | 6.02% |
Vacancy Rate: | 2.30% |
Property Size: | 180 m2 |
Land Area: | 373 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 3.5 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 10786 |
SKU: | 1029 |
Description
This property is a high-quality house and land package featuring a modern and energy-efficient home. It offers a contemporary design with spacious interiors and high-end inclusions. Located in Cloverton Estate, the property is positioned in a growing community with excellent amenities, making it an ideal investment opportunity.
Suburb Profile:
Kalkallo, VIC, is a rapidly developing suburb in Melbourne’s northern corridor. It is part of the Cloverton Estate, a master-planned community with parks, schools, shopping precincts, and public transport options. The suburb is experiencing strong growth due to its affordability, accessibility, and infrastructure investment.
Site Inclusions:
- Fixed price site costs, including rock excavation.
Preliminary Inclusions:
- All permits as required by building regulations.
- Survey and drafting plans.
- Engineer-designed slab/foundations.
- All service connections (excluding consumer account opening and fibre optic connection if applicable).
- Independent quality inspections.
Internal Inclusions:
- 2590mm ceiling height on the ground floor of double-storey homes.
- Plasterboard walls, ceilings, and cornice.
- 67mm single bevel architrave and skirting.
- 75mm Scotia cornice.
- Flush panel internal doors (2040mm high).
- Lever door handles.
- Obscure glazing to ensuite, bathroom, and WC.
- Aluminium sliding windows with locks.
- Window coverings, including roller blinds and venetians.
- Three-coat paint system throughout.
- Gloss enamel paint to architraves and skirting.
- Flyscreens to all openable windows.
- Barrier doors to all sliding doors.
External Inclusions:
- Concrete roof tiles.
- Colorbond fascia, gutters, and downpipes.
- Bricks as per colour selection.
- Natural colour mortar with rolled joints.
- Brickwork above windows to the front facade.
- Painted infills above the garage door and all windows and doors on sides and rear.
- 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 two remote controls.
- Weatherproof door to the rear of the garage (plan specific).
- Flush panel garage/house access door (plan specific).
- Concrete garage floor.
- Feature front entry door (2040mm x 820mm) with clear glazing.
- Double-cylinder deadbolt to front entry.
- Entrance set to all external hinged doors and garage/house access door.
Landscaping Inclusions:
- Combination of turf, plants, mulch, and toppings to front and rear yards.
- Irrigation system connected to two garden taps with timers.
- Compacted paths around the perimeter of the house.
- Timber fencing, including wing fence and gate, to all boundaries.
- Nature strips leveled and seeded.
- Clothesline.
Electrical Inclusions:
- Double power points throughout.
- LED downlights throughout.
- Single weatherproof LED flood light with a sensor outside the laundry.
- Hardwired smoke detectors with battery backup.
- Two TV points.
- One TV antenna (estate specific).
- Two phone points.
Appliance Inclusions:
- 900mm stainless steel upright cooker.
- 900mm stainless steel canopy rangehood.
- Stainless steel dishwasher.
- 20mm Caesarstone benchtops with a 20mm square edge.
- Laminate base cabinets.
- Laminate overhead cabinets with bulkhead above.
- Stainless steel double-bowl sink with mixer tap.
- Tiled splashback.
- Melamine shelving in pantry.
Energy Efficiency:
- 6-star energy rating.
- Solar hot water system with gas booster.
- Insulation to walls and ceilings.
- Self-sealing exhaust fans positioned above all showers.
- External venting to all exhaust fans and rangehoods.
Warranties:
- Fixed-price contract.
- Full house clean on completion.
- Three-month maintenance period.
- Homeowner’s warranty.
- 10-year structural warranty.
This property offers an excellent investment opportunity in a rapidly growing community. With a full turnkey package, premium inclusions, and a high energy efficiency rating, this home is designed for both comfort and value.
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.