Lot 2479 Royal Mile Avenue, Berwick VIC

Melbourne, VIC, 3806

$ 843,452

Melbourne, VIC, 3806
Lot 2479 Royal Mile Avenue, Berwick VIC-0
Lot 2479 Royal Mile Avenue, Berwick VIC-1
Lot 2479 Royal Mile Avenue, Berwick VIC-2
Lot 2479 Royal Mile Avenue, Berwick VIC-3

Property Images

Lot 2479 Royal Mile Avenue, Berwick VIC-0 Lot 2479 Royal Mile Avenue, Berwick VIC-1 Lot 2479 Royal Mile Avenue, Berwick VIC-2 Lot 2479 Royal Mile Avenue, Berwick VIC-3

Overview

Property ID: LA-9226

  • Co-Living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 162

Details

Updated on Jan 20, 2025 at 09:34 am

Property Type: Co-Living
Price: $ 843,452
Land Price: $ 459,000
Build Price: $ 384,452
Gross Per Week: $ 840
Gross Per Annum: $ 43,680
Gross Yield: 5.18%
Capital Growth 12 Months: 2.39%
Capital Growth 10 Year Annualised: 5.70%
Vacancy Rate: 1.79%
Property Size: 162 m2
Land Area: 302 m2
Bedrooms: 3
Bathrooms: 3
Parking: 1
Title Status: Titled
Property ID: 9226
SKU: 1048

Description

This single-storey home in Minta Estate, Berwick. The home spans 18 squares on a 302m² lot, featuring premium inclusions such as ducted heating, 7-star energy efficiency, and turnkey landscaping. It is designed to provide a stress-free investment opportunity in a sought-after area.

Suburb Profile:

Berwick is a thriving suburb located in Melbourne's South East region. Known for its family-friendly atmosphere, the area offers access to quality schools, parks, shopping centers, and public transport. With its strong community and investment potential, Berwick is a desirable location for both homeowners and investors.


Site Inclusions:

  • Fixed site costs including P-Class slab and piering
  • Rock extraction and removal guarantee
  • Temporary fencing and soil removal
  • Termite barrier protection
  • Council asset protection

Preliminary Inclusions:

  • 7-star energy efficiency standards
  • Soil report, contour survey, and independent quality inspections
  • Developer approval and building permits
  • Bushfire compliance (BAL 12.5)

Internal Inclusions:

  • 2590mm ceiling height
  • LED downlights in all rooms
  • Timber laminate flooring in living areas and carpets in bedrooms
  • 20mm stone benchtops in kitchen, bathrooms, and laundry
  • Soft-close cabinetry and pot drawers
  • Stainless steel appliances, including a 900mm oven, cooktop, and rangehood

External Inclusions:

  • Fully rendered façade with Colorbond roof
  • Remote-controlled garage door
  • Eaves and outdoor taps
  • Powder-coated aluminum sliding windows

Landscaping Inclusions:

  • Fully landscaped front, side, and rear yards
  • Drip irrigation system
  • Color-through concrete driveway and porch
  • Full fencing, clothesline, letterbox, and TV antenna

Electrical Inclusions:

  • NBN-ready infrastructure
  • Double power points throughout
  • Hardwired smoke detectors with battery backup

Appliance Inclusions:

  • 900mm in-built oven, cooktop, and rangehood
  • Stainless steel dishwasher

Upgraded Inclusions:

  • Split-system air conditioning in the living area
  • Blinds and flyscreens on all windows

Energy Efficiency:

  • Solar panels (if required)
  • Glasswool insulation for walls and ceilings

Warranties:

  • 7-year structural guarantee
  • 3-month maintenance warranty post-handover
  • Four independent building inspections during construction


This titled property in Minta Estate, Berwick, offers a modern, fixed-price investment opportunity with premium inclusions and a family-oriented location, ideal for both investors and homeowners.

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 Lot 2479 Royal Mile Avenue, Berwick VIC
City Melbourne
State VIC
Postcode 3806
Suburb N/A

Similar Listings

Co-Living
  • $ 649,720
Gross Return
$ 48,256
Gross Yield
8.00%
Capital Growth
0.00%
Vacancy Rate
15.77%

Lot 905 - Co-Living Conroys Green Estate - Wint...

Winter Valley, Ballarat, VIC, 3358
  • 5 Bedrooms
  • 3 Bathrooms
  • 2Cars
Co-Living
Co-Living
  • $ 640,200
Gross Return
$ 48,256
Gross Yield
8.00%
Capital Growth
0.00%
Vacancy Rate
15.77%

Lot 929 - Co-Living Conroys Green Estate - Wint...

Winter Valley, Ballarat, VIC, 3358
  • 5 Bedrooms
  • 3 Bathrooms
  • 2Cars
Co-Living
Featured
Co-Living Rental Guarantee
  • $ 890,000
Gross Return
$ 91,000
Gross Yield
10.22%
Capital Growth
5.90%
Vacancy Rate
3.16%

Lot A Bonshaw VIC

Ballarat, VIC, 3352
  • 5 Bedrooms
  • 5 Bathrooms
  • 2Cars
Co-Living
Featured
Co-Living Rental Guarantee
  • $ 890,000
Gross Return
$ 91,000
Gross Yield
10.22%
Capital Growth
0.00%
Vacancy Rate
15.77%

Lot A Winter Valley VIC

Ballarat, VIC, 3358
  • 5 Bedrooms
  • 5 Bathrooms
  • 2Cars
Co-Living

Sold Listings

Featured
Co-Living SMSF Single Contract Rental Guarantee
  • $ 760,240
Sold
Gross Return
$ 65,000
Gross Yield
8.55%
Capital Growth
6.78%
Vacancy Rate
4.55%

Lot S529 Bridge Road, Melton South VIC

Melbourne, VIC, 3338
  • 5 Bedrooms
  • 5 Bathrooms
  • 2Cars
Co-Living
Featured
SMSF Single Contract Co-Living
  • $ 665,620
Sold
Gross Return
$ 46,800
Gross Yield
7.03%
Capital Growth
6.78%
Vacancy Rate
4.55%

Lot S510 Pintail Drive, Melton South VIC

Melbourne, VIC, 3338
  • 3 Bedrooms
  • 3 Bathrooms
  • 1Cars
SMSF Single Contract
Featured
Co-Living SMSF Single Contract
  • $ 786,870
Sold
Gross Return
$ 78,000
Gross Yield
9.91%
Capital Growth
6.78%
Vacancy Rate
4.55%

Lot S515 Pintail Drive, Melton South VIC

Melbourne, VIC, 3338
  • 5 Bedrooms
  • 5 Bathrooms
  • 2Cars
Co-Living
Featured
Co-Living
  • $ 793,000
Sold
Gross Return
$ 54,080
Gross Yield
6.82%
Capital Growth
6.16%
Vacancy Rate
5.28%

Oski Street, Wyndham Vale VIC (4 beds)

Melbourne, VIC, 3024
  • 4 Bedrooms
  • 4 Bathrooms
  • 2Cars
Co-Living

ENQUIRE 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.
Buy Property Banner

Search 1000'S Of Off-Market Investment Properties!

SQM Research Logo

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.

Compare listings

Compare