Overview
Property ID: LA-9830
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 162
Details
Updated on Dec 20, 2024 at 06:32 pm
Property Type: | Co-Living |
---|---|
Price: | $ 757,300 |
Land Price: | $ 380,000 |
Build Price: | $ 377,300 |
Gross Per Week: | $ TBA |
Gross Per Annum: | $ TBA |
Gross Yield: | TBA% |
Capital Growth 12 Months: | 8.33% |
Capital Growth 10 Year Annualised: | 7.77% |
Vacancy Rate: | 0.85% |
Property Size: | 162 m2 |
Land Area: | 1200 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | TBA |
Property ID: | 9830 |
SKU: | 1045 |
Description
This property at 33 Port Road, Two Wells, SA, offers a spacious home and land package with modern amenities and design. It includes high-quality finishes and is well-suited for families or investors seeking a property in the Adelaide Plains region.
Suburb Profile:
Two Wells is a small township located within the Adelaide Plains region of South Australia. Known for its peaceful rural environment, it offers a mix of residential and farming properties. The suburb provides essential amenities, schools, and recreational facilities while maintaining proximity to Adelaide.
Site Inclusions - Site Works, Foundations & Connections:
- Footings and siteworks costs
Internal Inclusions:
- 2700mm ceiling height throughout dwelling
- LED downlights to all main living areas
- Laminate floors to main living areas
- Carpet to bedrooms
- Holland blinds to bedrooms
- Vertical blinds in living areas (excluding wet areas)
External Inclusions:
- Driveway and 900mm concrete paths
Appliance Inclusions:
- 600mm oven in stainless steel
Upgraded Inclusions:
- Additional split system AC units in each bedroom
Energy Efficiency:
- 5KW split system air-conditioning to the main living area
This well-priced home and land package offers modern living in a peaceful rural setting. Its premium inclusions and energy-efficient design make it an excellent choice for families or investors.
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
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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.