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Overview
Property ID: LA-10843
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 139
Details
Updated on Feb 12, 2025 at 01:51 pm
Property Type: | Co-Living |
---|---|
Price: | $ 721,628 |
Land Price: | $ 360,000 |
Build Price: | $ 361,628 |
Gross Per Week: | $ 840 |
Gross Per Annum: | $ 43,680 |
Gross Yield: | 6.05% |
Capital Growth 12 Months: | 0.85% |
Capital Growth 10 Year Annualised: | 6.02% |
Vacancy Rate: | 2.30% |
Property Size: | 139 m2 |
Land Area: | 294 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 1 |
Title Status: | Titled |
Property ID: | 10843 |
SKU: | 1048 |
Description
This is a co-living home and land package located in Kinbrook Estate, Donnybrook. Designed for multi-generational living, this property offers modern finishes, high-quality inclusions, and a turnkey solution. The home includes premium appliances, upgraded finishes, and a range of energy-efficient features.
Suburb profile:
Donnybrook is a rapidly growing suburb in Melbourne's north, offering a balance of suburban tranquility and urban convenience. With easy access to public transport, major highways, shopping centres, and schools, Donnybrook is an attractive location for families and investors alike. The area is undergoing significant development, making it a high-growth investment opportunity.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed Site Costs, including P-Class slab and piering
- Peace of Mind Rock Extraction & Removal Guarantee
- Bushfire Attack Level (BAL 12.5) Compliance (where applicable)
- Fibre optic-ready NBN network or equivalent
- Developer Guidelines, including eaves, water tank, and recycled water (where required)
- Community Infrastructure Levy (CIL)
Preliminary Inclusions:
- 7-Star Energy home compliance
- Pre-site inspection
- Soil Report & Contour Survey from independent Geotechnical Engineers
- Developer Approval where required
- Building Permit and associated application fees
Internal Inclusions:
- 2590mm ceiling height
- 20mm stone benchtops in the kitchen, bathroom, ensuite, and laundry
- Soft-close cabinetry in kitchen and bathrooms
- Timber laminate flooring in living areas, entry, and passageways
- Carpet in all bedrooms
- LED downlights throughout the home and porch
- Three-coat paint system for walls, ceilings, and timberwork
- Designer chrome gooseneck kitchen mixer
- Polished edge mirrors in bathrooms
- 2000mm frameless shower screens
- Recessed tiled shower bases
- Chrome towel rails and toilet roll holders
- Laundry sink with a 45L stainless steel tub
- Melamine cupboards and shelving in pantry, linen, and robes
External Inclusions:
- Colorbond roof
- Fully rendered façade
- Concrete driveway and porch (colour through)
- Front, side, and rear landscaping with a drip irrigation system
- Full fencing, clothesline, letterbox, and TV antenna
- Two outdoor brass garden taps
- Garage with remote-controlled sectional door
Landscaping Inclusions:
- Screening trees and mulched garden beds
- Instant turf natural grass
- Pebbled pathways
- Australian native plants
- Lilydale/Tuscan toppings
- Feature tree installation
Electrical Inclusions:
- 90mm diameter 10W white LED downlights throughout
- Double power points throughout
- TV points (2) with roof space cabling
- NBN provision infrastructure on garage wall
- Two data points
- Hardwired smoke detectors with battery backup
- External flood lighting at rear and side
- Single-phase underground electricity connection
Appliance Inclusions:
- 600mm stainless steel in-built oven
- 600mm stainless steel cooktop
- 600mm stainless steel rangehood
- Stainless steel dishwasher
Upgraded Inclusions:
- Ducted heating throughout the home
- Split system air conditioning to the living area
Energy Efficiency:
- 7-Star Energy rating and NCC compliance
- 1.76kW Solar PV system (if required for Whole of Home assessment)
- Upgraded roof ventilation
- Glasswool ceiling batts in roof space
- Glasswool wall batts in external walls
- Full siltation wrap to the external frame
Warranties:
- 7-year structural guarantee
- 3-month maintenance inspection & warranty
- Four independent building inspections throughout construction
- 12-month price lock period
This co-living home and land package in Donnybrook’s Kinbrook Estate offers a high-quality turnkey solution with premium inclusions and modern finishes. With its 7-Star Energy rating, upgraded features, and investment-friendly design, this property is ideal for multi-generational living or as a lucrative rental 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
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.