Lot 32941 Antares Parade, Kalkallo VIC

Melbourne, VIC, 3064

$ 762,320

Melbourne, VIC, 3064
Lot 32941 Antares Parade, Kalkallo VIC-0
Lot 32941 Antares Parade, Kalkallo VIC-1
Lot 32941 Antares Parade, Kalkallo VIC-2
Lot 32941 Antares Parade, Kalkallo VIC-3
Lot 32941 Antares Parade, Kalkallo VIC-4

Property Images

Lot 32941 Antares Parade, Kalkallo VIC-0 Lot 32941 Antares Parade, Kalkallo VIC-1 Lot 32941 Antares Parade, Kalkallo VIC-2 Lot 32941 Antares Parade, Kalkallo VIC-3 Lot 32941 Antares Parade, Kalkallo VIC-4

Overview

Property ID: LA-10832

  • Co-Living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 174

Details

Updated on Feb 13, 2025 at 05:15 pm

Property Type: Co-Living
Price: $ 762,320
Land Price: $ 371,000
Build Price: $ 391,320
Gross Per Week: $ TBA
Gross Per Annum: $ TBA
Gross Yield: TBA%
Capital Growth 12 Months: 0.85%
Capital Growth 10 Year Annualised: 6.02%
Vacancy Rate: 2.30%
Property Size: 174 m2
Land Area: 336 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: Titled
Property ID: 10832
SKU: 1029

Description

This co-living property is located in the sought-after Cloverton Estate in Kalkallo, Victoria. Designed with modern functionality in mind, this home offers a blend of shared living spaces and private quarters, making it an ideal investment opportunity for those looking to capitalize on the growing demand for co-living arrangements. The property features a well-planned layout with four bedrooms, three bathrooms, and a double garage. With a total house area of 174.86m² on a 336m² land parcel, the property is built with quality finishes and a 7-star energy rating, ensuring comfort and efficiency.

Suburb profile:

Kalkallo, Victoria, is a rapidly developing suburb in Melbourne’s northern corridor. It is part of the Cloverton Estate, one of Victoria’s largest master-planned communities, offering parks, schools, and shopping precincts. Located approximately 40 km from Melbourne’s CBD, Kalkallo provides excellent connectivity via the Hume Freeway and is well-positioned for future growth with planned infrastructure developments.


Site Inclusions - Site Works, Foundations & Connections:

  • Fixed price site costs, including rock excavation.

Preliminary Inclusions:

  • Survey and drafting plans
  • Design guidelines fixed
  • Engineer-designed slab/foundations
  • All service connections (excluding consumer account opening and fiber optic connection if applicable)
  • Independent quality inspections
  • Full house clean on completion
  • 3-month maintenance period

Internal Inclusions:

  • 2590mm ceiling height
  • Plasterboard walls, ceilings, and cornice
  • 67mm single bevel architrave and skirting
  • 75mm scotia cornice
  • 2040mm high flush panel internal doors
  • Lever door handles
  • Carpet to bedrooms and non-tiled areas
  • Timber laminate flooring in living areas connected to the kitchen
  • Tiles to wet areas

External Inclusions:

  • Concrete roof tiles
  • Colorbond fascia, gutter, and downpipes
  • Brickwork with natural color mortar and rolled joints
  • Brickwork above windows on the front facade
  • Plaster ceiling to porch and outdoor living (if applicable)
  • Two-part termite treatment
  • Color-through concrete driveway and path to porch
  • Letterbox with house numbers

Landscaping Inclusions:

  • Combination of turf, plants, mulch, and toppings to front and rear yards
  • Irrigation connected to two garden taps with timers
  • Compacted paths around the house perimeter
  • Timber fencing, including wing fence and gate
  • Nature strips leveled 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
  • One TV antenna (estate-specific)
  • Two phone points

Appliance Inclusions:

  • 900mm stainless steel upright cooker
  • 900mm stainless steel canopy rangehood
  • Stainless steel dishwasher
  • 20mm Caesarstone benchtops with square edge
  • Laminate base and overhead cabinets with bulkhead above
  • Stainless steel double bowl sink
  • Tiled splashback
  • Four melamine shelves in the pantry

Energy Efficiency:

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

Warranties:

  • Homeowners warranty
  • 10-year structural warranty


This co-living property in Kalkallo’s Cloverton Estate presents a compelling investment opportunity with a fixed-price contract and full turnkey inclusions. With its 7-star energy rating, premium appliances, and modern design, this home is ideal for both investors and co-living arrangements in a rapidly growing suburb.

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 32941 Antares Parade, Kalkallo VIC
City Melbourne
State VIC
Postcode 3064
Suburb N/A

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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.

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