Featured Co-Living Rental Guarantee

Lot 2905 Shelly Street, Donnybrook VIC

Donnybrook, Melbourne, VIC, 3064

$ 747,111

Featured Co-Living Rental Guarantee
Donnybrook, Melbourne, VIC, 3064
Lot 2905 Shelly Street, Donnybrook VIC-0
Lot 2905 Shelly Street, Donnybrook VIC-1

Property Images

Lot 2905 Shelly Street, Donnybrook VIC-0 Lot 2905 Shelly Street, Donnybrook VIC-1

Overview

Property ID: LA-17722

  • Co-Living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 171

Details

Updated on Sep 04, 2025 at 01:53 pm

Property Type: Co-Living
Price: $ 747,111
Land Price: $ 331,000
Build Price: $ 416,111
Gross Per Week: $ 900
Gross Per Annum: $ 46,800
Gross Yield: 6.26%
Capital Growth 12 Months: 0.85%
Capital Growth 10 Year Annualised: 6.02%
Vacancy Rate: 2.30%
Property Size: 171 m2
Land Area: 336 m2
Bedrooms: 4
Bathrooms: 3
Parking: 1
Title Status: Titled
Property ID: 17722
SKU: 1048

Description

This co-living property in Donnybrook’s Peppercorn Hill Estate provides a modern turnkey investment tailored to high rental demand. Designed with functionality and comfort in mind, the home offers multiple bedrooms, stylish bathrooms, and open-plan living areas complemented by premium upgrades. Set on a 336m² block with a house size of 171.84m², it combines quality finishes with low-maintenance appeal, making it a standout option for investors.

Suburb profile:

Donnybrook is located within Melbourne’s rapidly expanding northern growth corridor, offering strong connectivity and lifestyle benefits. With planned and established schools, shopping precincts, and future public transport upgrades, the area appeals to both residents and investors. Its proximity to the Hume Freeway and Donnybrook train station ensures convenient access to Melbourne CBD. As infrastructure continues to develop, Donnybrook presents significant long-term capital growth and rental demand opportunities.


Inclusions:

  • Colorbond roof & fully rendered home
  • Premium 2590mm ceiling height
  • 20mm stone benchtops to kitchen, bathrooms, ensuite & laundry
  • 600mm in-built oven, cooktop & canopy rangehood
  • Stainless steel dishwasher
  • Timber laminate flooring to living, entry & passageways
  • Carpet to all bedrooms
  • Soft close cabinet doors & drawers
  • LED downlights to all internal rooms & porch
  • Ducted heating throughout

Site Inclusions - Site Works, Foundations & Connections:

  • Fixed site costs including P-Class slab & piering
  • Peace of mind rock extraction & removal guarantee
  • Connection of electricity, water, gas, sewer & stormwater
  • NBN / fibre optics provision
  • BAL 12.5 bushfire compliance (where required)

Preliminary Inclusions:

  • All permits & approvals as required
  • Survey and drafting plans
  • Engineer-designed slab/foundations
  • Independent quality inspections
  • Three coat paint system

Internal Inclusions:

  • Flush panel internal doors with chrome lever handles
  • Plasterboard lined walls & ceilings
  • 75mm cove cornice throughout
  • Builders range carpet to bedrooms
  • Laminate flooring to main living areas

External Inclusions:

  • Fully rendered aerated concrete panel cladding
  • Aluminium powder-coated sliding doors & windows with locks
  • Sectional coated steel garage door with remotes
  • Two brass garden taps to front & rear
  • Feature front entry door with glass panel

Landscaping Inclusions:

  • Front, side & rear landscaping with drip system
  • Concrete driveway & porch
  • Full fencing, clothesline, letterbox & TV antenna
  • Mulched garden beds with native plants
  • Instant turf to front and rear yards

Electrical Inclusions:

  • LED downlights throughout
  • Double power points to rooms
  • 2 x TV points & 2 x data points
  • NBN provision in garage
  • External flood lights to side and rear

Appliance Inclusions:

  • 600mm stainless steel oven
  • 600mm stainless steel cooktop
  • 600mm stainless steel canopy rangehood
  • 600mm stainless steel dishwasher
  • Double bowl stainless steel sink

Upgraded Inclusions:

  • Split system air conditioner to living area
  • Blinds & flyscreens to all windows
  • Solar panels included if required for 7-star compliance
  • Independent building inspections x 4

Energy Efficiency:

  • 7-star energy rating compliance
  • Glasswool insulation to walls & ceilings
  • All-in-one electric heat pump hot water system
  • Upgraded roof ventilation
  • Fibre optic ready (estate specific)

Warranties:

  • 7-year structural guarantee
  • 3-month maintenance warranty
  • 12-month price lock guarantee
  • Independent quality inspections at key build stages

This co-living property represents a high-yield, low-risk investment opportunity, combining premium finishes with long-term demand in a fast-growing Melbourne 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.

Address Lot 2905 Shelly Street, Donnybrook VIC
City Melbourne
State VIC
Postcode 3064
Suburb Donnybrook

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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.

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