_1741047172OoCi6.jpg)
Overview
Property ID: LA-11111
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 157
Details
Updated on Feb 20, 2025 at 12:54 pm
Property Type: | Co-Living |
---|---|
Price: | $ 725,863 |
Land Price: | $ 354,000 |
Build Price: | $ 371,863 |
Gross Per Week: | $ 750 |
Gross Per Annum: | $ 39,000 |
Gross Yield: | 5.37% |
Capital Growth 12 Months: | 0.85% |
Capital Growth 10 Year Annualised: | 6.02% |
Vacancy Rate: | 2.30% |
Property Size: | 157 m2 |
Land Area: | 299 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 11111 |
SKU: | 1048 |
Description
This co-living home and land package is located at Lot 2220, Borage Street, Mickleham in the Botanical Estate. The property features a single-storey design with a York facade, offering modern finishes and turnkey inclusions. With a house size of 17 squares and a land size of 299m², this home is designed for comfortable and convenient living. The package includes fixed pricing, high-quality inclusions, and energy-efficient features.
Suburb Profile:
Mickleham, located in Melbourne’s northern corridor, is a growing suburb with increasing residential development. The area is well-connected to major highways, schools, shopping centres, and public transport. It offers a mix of family-friendly amenities and investment potential, with ongoing infrastructure upgrades and planned community developments.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed site costs, including a P-Class slab and piering
- Peace of mind rock extraction and removal guarantee
Preliminary Inclusions:
- 7-star energy rating compliance
- Pre-site inspection
- Soil report & contour survey from independent geotechnical engineers
- Developer approval (if required)
- Building permit and associated application fees
- BAL 12.5 bushfire compliance (if applicable)
Internal Inclusions:
- 2590mm ceiling height
- Soft-close cabinet doors and drawers in the kitchen and bathrooms
- 20mm stone benchtops in the kitchen, bathroom, ensuite, and laundry
- Timber laminate flooring in living, entry, and passageways
- Carpet in all bedrooms
- LED downlights in all internal rooms and porch
- Ducted heating throughout the home
- Three-coat internal paint system
External Inclusions:
- Colorbond roof
- Fully rendered home exterior
- Fibre optic-ready for NBN or equivalent
- Eaves and water tank where required by developer guidelines
- Corner treatment where applicable
Landscaping Inclusions:
- Front, side, and rear landscaping with a drip irrigation system
- Concrete driveway and porch (colour-through)
- Full fencing, clothesline, letterbox, and TV antenna
Electrical Inclusions:
- Double power points throughout
- TV points with cable to roof space
- NBN provision infrastructure on the garage wall
- Two data points
- Hardwired smoke detectors with battery backup
- LED external floodlights
Appliance Inclusions:
- 600mm in-built stainless steel oven
- 600mm in-built stainless steel cooktop
- 600mm stainless steel canopy rangehood
- Stainless steel dishwasher
- Double-bowl stainless steel kitchen sink with drainer
Upgraded Inclusions:
- Split-system air conditioner in the living room
Energy Efficiency:
- 7-star energy rating compliance
- Heat pump hot water system
- 1.76kW solar PV system if required for whole-of-home energy assessment
- Glasswool ceiling and wall insulation
- Upgraded roof space ventilation
Warranties:
- 12-month price lock guarantee
- 7-year structural guarantee
- 3-month maintenance inspection and warranty
- Four independent building inspections throughout the construction process
This property offers a fixed-price co-living investment opportunity with a modern design and high-quality turnkey inclusions. Located in a high-growth area, it provides strong rental appeal and long-term investment potential.
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
Open on Google MapsSimilar Listings
$ 364
0.06%
5.99%
0.78%
Lot 481 - Co-Living Everley Estate - Sunbury
Sunbury , Melbourne, VIC, 3429$ 91,000
10.12%
5.60%
1.02%
Lot 2 Shepparton VIC
City of Greater Shepparton, VIC, 3631$ 48,256
7.93%
0.00%
15.77%
Lot 929 - Co-Living Conroys Green Estate - Wint...
Winter Valley, Ballarat, VIC, 3358$ 48,256
8.05%
0.00%
15.77%
Lot 905 - Co-Living Conroys Green Estate - Wint...
Winter Valley, Ballarat, VIC, 3358Sold Listings
0
0
6.29%
2.14%
Lot 1909 - Co-Living Coridale Estate - Lara
City of Greater Geelong, VIC, 3212$ 65,000
8.55%
6.78%
4.55%
Lot S529 Bridge Road, Melton South VIC
Melbourne, VIC, 3338$ 65,000
8.55%
6.78%
4.55%
Lot S520 Nightjar Place, Melton South VIC
Melbourne, VIC, 3338$ 46,800
7.03%
6.78%
4.55%
Lot S510 Pintail Drive, Melton South VIC
Melbourne, VIC, 3338ENQUIRE ABOUT THIS PROPERTY
Why Buy With Aus Investment Properties?
- Dedicated In-house Project Manager.
- High-yielding properties.
- Independent rental assessment.
- Full turnkey properties, 'Ready to Rent'.
- Brand new properties with builders warranty.
- High quality, highly specified properties.
- Tax and depreciation benefits from new properties.
- Buy direct from the builder.
- Investor or SMSF.

Search 1000'S Of Off-Market Investment Properties!

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.