Lot 3018 Castlecove Street, Clyde North VIC

Description

This co-living investment property features the LEON 22 GE - 1B design situated in Clyde North. It is a turnkey house and land package with 5 bedrooms, 5 bathrooms, and a double garage. With a north-facing 378 sqm block and a spacious 205.75 sqm house design, this package offers high rental yield potential and is ideal for investors targeting the growing Clyde North region. The home is fully turnkey, including landscaping, fencing, driveway, and quality internal fixtures.

Suburb profile:

Clyde North is a rapidly developing suburb in Melbourne's southeast growth corridor, popular with families and investors due to its proximity to schools, shopping centres, parks, and public transport. The area continues to experience strong demand for rental properties, driven by urban expansion and infrastructure investment.

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site costs including rock excavation

Internal Inclusions:

• Engineered waffle slab
• Pine wall frames and roof trusses
• 2590mm ceiling height to single storey
• 2590mm ceiling height to ground floor and 2440mm to first floor of a double storey
• Plasterboard walls, ceilings and cornice
• 67mm single bevel architrave and skirting
• 75mm scotia cornice
• Melamine shelf and hanging rail to bedroom robes
• 2040mm high flush panel internal doors
• Lever door handles
• Obscure glazing to ensuite, bathroom and WC
• Aluminium sliding windows
• Window locks to all openable windows
• Venetians to front windows, roller blinds to remaining clear glazed windows
• 3 coat paint system throughout
• Gloss enamel paint to architrave and skirting
• Flyscreens to all openable windows
• Barrier doors to all sliding doors

External Inclusions:

• Concrete roof tiles
• Colorbond fascia, gutter and downpipes
• Bricks with natural colour mortar and rolled joints
• Brickwork above windows to front facade
• Painted infills above garage door and all windows and doors to sides and rear
• Plaster ceiling to porch and outdoor living
• Two part termite treatment
• Coloured concrete driveway and path to porch
• Letterbox with numbers
• Colorbond sectional panel lift garage door with motor and 2 remote controls
• Weatherproof rear door and flush panel garage access door (plan specific)
• Concrete garage floor
• 2040mm x 820mm front entry door with clear glazing
• Double cylinder deadbolt to front entry
• Entrance set to all external hinged and garage/house access doors

Landscaping Inclusions:

• Turf, plants, mulch and toppings to front and rear yards
• Irrigation connected to two garden taps with timers
• Compacted paths around perimeter of house
• Timber fencing including wing fence and gate to all boundaries
• Nature strips levelled and seeded
• Clothesline

Electrical Inclusions:

• Double power points throughout
• LED downlights throughout
• Single weatherproof LED floodlight with sensor outside laundry
• Hardwired smoke detectors with battery backup
• Two TV points
• TV antenna
• Two phone points

Appliance Inclusions:

• 900mm stainless steel upright cooker
• 900mm stainless steel canopy rangehood
• Stainless steel dishwasher
• 20mm Caesarstone benchtops with 20mm square edge
• Laminate base and overhead kitchen cabinets
• Stainless steel double bowl sink
• Mixer tap
• Tiled splashback
• Four melamine pantry shelves
• Laundry trough and cabinet
• Domain 600mm oven
• Domain 600mm cooktop
• Domain 600mm glass and stainless steel rangehood
• Abey Entry 1 & 3/4 bowl sink
• Tully sink mixer
• Chios basin
• Tully basin mixer and wall mixer
• Tapac shower arm and rose
• Bath recline 1520mm or 1650mm
• Atlanta bath outlet
• Everhard project trough and cabinet
• Mero close coupled toilet
• Corinthian PMAD101 painted door
• Whitco bevel passage and entrance set satin chrome
• Semi-framed shower screen
• Vanity basin
• Acrylic bath
• Tiled shower base
• Mirror to full width of vanity
• Single towel rail
• Toilet roll holder
• Privacy locks

Energy Efficiency:

• 6 star energy rating
• Solar hot water service with gas booster
• Insulation to walls and ceilings
• Self-sealing exhaust fans above all showers
• External venting to all exhaust fans and rangehoods

Warranties:

• Full house clean on completion
• Three-month maintenance period
• Home owners warranty
• Ten-year structural warranty

This fully turnkey co-living property in Clyde North offers a high-quality build with premium inclusions, ideal for investors seeking strong returns in a high-growth location. With fixed-price certainty and full landscaping included, it presents a hassle-free investment opportunity.

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