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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.
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
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.