Lot 2252 Cornerstone, Werribee VIC

Melbourne, VIC, 3030

$ 681,900

Melbourne, VIC, 3030
Lot 2252 Cornerstone, Werribee VIC-0
Lot 2252 Cornerstone, Werribee VIC-1

Property Images

Lot 2252 Cornerstone, Werribee VIC-0 Lot 2252 Cornerstone, Werribee VIC-1

Overview

Property ID: LA-9570

  • Co-Living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 165

Details

Updated on Jan 09, 2025 at 02:41 pm

Property Type: Co-Living
Price: $ 681,900
Land Price: $ 311,000
Build Price: $ 370,900
Gross Per Week: $ 750
Gross Per Annum: $ 39,000
Gross Yield: 5.72%
Capital Growth 12 Months: 2.92%
Capital Growth 10 Year Annualised: 6.38%
Vacancy Rate: 1.66%
Property Size: 165 m2
Land Area: 263 m2
Bedrooms: 3
Bathrooms: 3
Parking: 2
Title Status: February 2025
Property ID: 9570
SKU: 1030

Description

This co-living property in Cornerstone, Werribee, features a modern 3-bedroom, 3-bathroom design with energy-efficient features and premium inclusions. The property offers a complete turnkey solution in a growing and vibrant community.

Suburb profile:

Werribee is a well-connected suburb in Greater Melbourne, known for its family-friendly environment and excellent access to transport, schools, and shopping centers. It is a rapidly growing area with increasing demand for quality housing.


Site Inclusions - Site Works, Foundations & Connections:

  • Double glazed windows throughout

Preliminary Inclusions:

  • Fixed price full turnkey home and land package

Internal Inclusions:

  • 2590mm ceiling height
  • Timber flooring and carpet throughout
  • Premium tapware with extended warranty
  • White recessed LED downlights

External Inclusions:

  • Landscaping to front and rear

Landscaping Inclusions:

  • Landscaping to front and rear to developer requirements

Electrical Inclusions:

  • RACV 24/7 Home Care Assist for 12 months

Appliance Inclusions:

  • 20mm Caesarstone mineral surface in kitchen, bathrooms, and ensuite

Energy Efficiency:

  • 7-star energy rating

Warranties:

  • Lifetime structural guarantee


This co-living home in Cornerstone Estate, Werribee, offers a turnkey investment solution with premium features, energy efficiency, and an ideal location in Greater Melbourne's growing community.

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

Rental Appraisal_1733984231xNRVU.pdf

Address Lot 2252 Cornerstone, Werribee VIC
City Melbourne
State VIC
Postcode 3030
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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