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Overview
Property ID: LA-17254
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Sep 01, 2025 at 10:57 am
Property Type: | Co-Living |
---|---|
Price: | $ 825,450 |
Land Price: | $ 430,000 |
Build Price: | $ 395,450 |
Gross Per Week: | $ 1,287 |
Gross Per Annum: | $ 66,924 |
Gross Yield: | 8.11% |
Capital Growth 12 Months: | 0.85% |
Capital Growth 10 Year Annualised: | 6.02% |
Vacancy Rate: | 2.30% |
Property Size: | 205 m2 |
Land Area: | 375 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 17254 |
SKU: | 1029 |
Description
This modern co-living property in Mickleham offers a spacious and functional layout designed for comfort and convenience. Featuring 5 bedrooms, 5 bathrooms, and a double garage, the property is set on a 375m² block with a total house size of 205m². Positioned within the sought-after Botanical Estate, it comes with a turnkey package that includes quality finishes, landscaping, and a 7-star energy rating.
Suburb profile:
Mickleham is a rapidly growing suburb in Melbourne’s northern corridor, known for its strong community appeal and proximity to essential services. With excellent transport links, schools, and shopping precincts, the suburb offers both lifestyle convenience and long-term growth potential. Its combination of modern developments and community amenities makes it highly attractive for both residents and investors.
Inclusions:
- 2590mm ceiling heights
- 900mm stainless steel appliances
- Full turnkey package including landscaping, fencing, and driveway
Site Inclusions - Site Works, Foundations & Connections:
- Fixed price site costs including rock excavation
- Engineered waffle slab
- All service connections included
Internal Inclusions:
- Timber laminate flooring to entry and living areas
- Carpet to bedrooms
- Tiles to wet areas
- Flush panel internal doors with lever handles
- 3-coat paint system
External Inclusions:
- Concrete roof tiles
- Colorbond fascia, gutter, and downpipes
- Brickwork with natural mortar and rolled joints
- Letterbox included
Landscaping Inclusions:
- Turf, plants, mulch, and toppings to front and rear
- Timber fencing with wing fence and gate
- Clothesline included
Electrical Inclusions:
- LED downlights throughout
- Double power points throughout
- Split system air conditioning to living
- Gas ducted heating
Appliance Inclusions:
- 900mm stainless steel upright cooker and canopy rangehood
- Stainless steel dishwasher
- 20mm Caesarstone benchtops
Energy Efficiency:
- 7-star energy rating
- Solar hot water system with gas booster
- Insulation to walls and ceilings
Warranties:
- 10-year structural warranty
- 3-month maintenance period
This co-living property represents a high-yield investment opportunity with strong rental appeal, premium inclusions, and excellent growth potential in Melbourne’s expanding northern corridor.
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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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.