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Overview
Property ID: LA-17321
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 174
Details
Updated on Aug 22, 2025 at 04:38 pm
Property Type: | Co-Living |
---|---|
Price: | $ 699,940 |
Land Price: | $ 303,000 |
Build Price: | $ 396,940 |
Gross Per Week: | $ 900 |
Gross Per Annum: | $ 46,800 |
Gross Yield: | 6.69% |
Capital Growth 12 Months: | 0.94% |
Capital Growth 10 Year Annualised: | 6.69% |
Vacancy Rate: | 1.56% |
Property Size: | 174 m2 |
Land Area: | 315 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 1 |
Title Status: | Titled |
Property ID: | 17321 |
SKU: | 1015 |
Description
This modern co-living property in Harkness offers an exceptional investment opportunity with three bedrooms, three bathrooms, and premium turnkey inclusions. Featuring the Chelsea 19 floor plan and the Blackman single-storey façade, the design balances comfort, functionality, and style. Located in the sought-after Coburns Rise Estate, this property provides convenience and long-term growth potential in the thriving Melton region.
Suburb profile:
Harkness is a growing suburb within the City of Melton, known for its family-friendly environment, green spaces, and modern amenities. Residents benefit from proximity to schools, shopping centres, and transport connections, making it an attractive location for both tenants and investors. With steady development and strong community infrastructure, Harkness continues to build its appeal as a desirable place to live. The suburb’s balance of affordability and connectivity supports strong rental demand and long-term growth potential.
Inclusions:
- Ducted refrigerated heating & cooling
- Tiled flooring & carpet throughout
- 20mm zero silica stone benchtops
- Kitchen appliance package including dishwasher
- LED downlights
- Holland blinds & flyscreens
- Coloured concrete driveway
- Front & rear landscaping
- Full share fencing
- Letterbox and clothesline
Site Inclusions - Site Works, Foundations & Connections:
- Earthworks and site levelling
- H2 Class site classification
- Concrete waffle slab design
- Termite protection system (as required)
- Sewer and stormwater connections
Preliminary Inclusions:
- Property information, site survey, soil test
- Drafting of plans and structural engineering
- Building permit application and insurance
- Three-month maintenance guarantee
- BAL 12.5 bushfire compliance
Internal Inclusions:
- Plasterboard walls & ceilings with cove cornices
- Gloss enamel & washable low sheen acrylic paint finishes
- Carpet with underlay to bedrooms, study & living
- Ceramic floor & wall tiling to wet areas
- Wardrobes with melamine shelving and robe doors
External Inclusions:
- Concrete roof tiles
- Brick veneer & timber framed external walls
- Natural clay bricks and acrylic render as per design
- Aluminium framed windows and sliding doors with flyscreens
- Solid core front entrance door
Landscaping Inclusions:
- Front & rear landscaping with feature trees and plants
- Topsoil, mulch, seeded grass areas
- Tuscan toppings or similar for pathways
- Concrete pavers as per design
Electrical Inclusions:
- LED downlights throughout
- Floodlights to external entrances
- Two free-to-air TV points and roof antenna
- Two pre-wired telecommunication points
- Doorbell with internal bell
Appliance Inclusions:
- 600mm fan forced electric oven
- 600mm electric cooktop
- 600mm canopy rangehood
- 600mm stainless steel dishwasher
Energy Efficiency:
- 7-star energy rating design
- Wool insulation batts
- Double glazing as required
- 170L electric boosted heat pump hot water unit
- 2000L water tank or recycled water connection (as required)
Warranties:
- Three-month maintenance guarantee
- Homeowners warranty insurance
This co-living property represents a future-focused investment, offering strong tenant appeal, high-yield potential, and long-term growth in a thriving Melbourne corridor.
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.
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.