Overview
Property ID: LA-10042
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Jan 15, 2025 at 02:03 pm
Property Type: | Co-Living |
---|---|
Price: | $ 767,800 |
Land Price: | $ 348,000 |
Build Price: | $ 419,800 |
Gross Per Week: | $ 1,200 |
Gross Per Annum: | $ 62,400 |
Gross Yield: | 8.13% |
Capital Growth 12 Months: | 0.15% |
Capital Growth 10 Year Annualised: | 4.73% |
Vacancy Rate: | 2.46% |
Property Size: | 205 m2 |
Land Area: | 350 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 10042 |
SKU: | 1029 |
Description
A premium turnkey property in the Charlemont Rise Estate featuring a 5-bedroom, 5-bathroom home with modern design and high-quality finishes. Located in the Geelong region, it offers excellent value for investors and families, with proximity to amenities, schools, and transport.
Suburb profile:
Charlemont is a growing suburb in the Geelong region known for its family-friendly environment, proximity to coastal areas, and access to urban conveniences. The suburb has seen significant growth in infrastructure, making it appealing to both homebuyers and investors.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed price site costs including rock excavation.
Internal Inclusions:
- 2590mm ceiling height.
- Timber laminate flooring and carpet as per the plan.
- 20mm Caesarstone benchtops in kitchen, bathroom, and ensuite.
- Semi-framed shower screens, polished edge mirrors, and tiled shower bases.
- Gas ducted heating and split system air conditioners.
External Inclusions:
- Concrete roof tiles.
- Colorbond fascia, gutter, and downpipes.
- Brickwork above front façade windows.
- Concrete driveway, path, and letterbox.
Landscaping Inclusions:
- Turf, plants, and mulch to front and rear yards.
- Timber fencing with gates and perimeter compacted paths.
Electrical Inclusions:
- LED downlights throughout.
- Double power points.
- Solar hot water system with gas booster.
Appliance Inclusions:
- 900mm stainless steel upright cooker and canopy rangehood.
- Stainless steel dishwasher.
Upgraded Inclusions:
- Turnkey package with landscaping, fencing, and driveway.
Energy Efficiency:
- 7-star energy rating.
Warranties:
- 10-year structural warranty.
- 3-month maintenance period.
- Homeowners' warranty.
This property represents an exceptional investment or family home opportunity, offering a complete turnkey solution in a desirable location with modern features and energy-efficient design.
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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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.