Overview
Property ID: LA-3939
- House and Land
- Property Type
- 4+1
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 217
Details
Updated on Nov 18, 2024 at 09:49 am
Property Type: | House and Land |
---|---|
Price: | $ 845,863 |
Land Price: | $ 407,000 |
Build Price: | $ 438,863 |
Gross Per Week: | $ 930 |
Gross Per Annum: | $ 48,360 |
Gross Yield: | 5.7% |
Capital Growth 12 Months: | 9.14% |
Capital Growth 10 Year Annualised: | 6.66% |
Vacancy Rate: | 0.66% |
Property Size: | 217 m2 |
Land Area: | 392 m2 |
---|---|
Bedrooms: | 4+1 |
Bathrooms: | 2+1 |
Parking: | 1+1 |
Title Status: | March 2024 |
Property ID: | 3939 |
SKU: | 2000 |
Description
Co-Living Housing
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://latitudeproperty.com.au/category/co-living-properties/
Estate & Location Information
Amity Estate, Narangba
Sitting within the Moreton Bay region, Narangba has seen continued rapid growth due to the increased infrastructure that has helped this region become one of the fastest-growing regions in Australia.
Direct access to the Bruce Highway means the Brisbane CBD is just a 35km drive away, and the marvellous Sunshine Coast within just 45 minutes’ reach. The recently expanded Westfield North Lakes, Costco and Ikea are all a 10-minute drive away.
Amity is within walking distance to the Narangba Train Station, with Mango Hill and Petrie Stations just a couple of stops away. Have your family study closer to home with schools and tertiary education all conveniently nearby.
Living at Amity puts you just minutes away from one of the most significant infrastructure projects in the Moreton Bay area. Petrie’s old paper mill is now the site of new world-class innovation and knowledge precinct, including the University of the Sunshine Coast (USC) Petrie campus. It will cater for up to 10,000 university students within the first 10 years and support more than 6000 jobs. It is expected to add $950 million of economic benefit to the Moreton Bay region.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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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.