Lot 414 Stakes Boulevard, Manor Lakes VIC

Melbourne, VIC, 3024

$ 691,613

Melbourne, VIC, 3024
Lot 414 Stakes Boulevard, Manor Lakes VIC-0
Lot 414 Stakes Boulevard, Manor Lakes VIC-1

Property Images

Lot 414 Stakes Boulevard, Manor Lakes VIC-0 Lot 414 Stakes Boulevard, Manor Lakes VIC-1

Overview

Property ID: LA-10211

  • Co-Living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 130

Details

Updated on Feb 13, 2025 at 10:27 am

Property Type: Co-Living
Price: $ 691,613
Land Price: $ 300,000
Build Price: $ 391,613
Gross Per Week: $ 840
Gross Per Annum: $ 43,680
Gross Yield: 6.32%
Capital Growth 12 Months: 2.69%
Capital Growth 10 Year Annualised: 6.16%
Vacancy Rate: 5.28%
Property Size: 130 m2
Land Area: 270 m2
Bedrooms: 3
Bathrooms: 3
Parking: 1
Title Status: June 2025
Property ID: 10211
SKU: 1048

Description

This co-living property is a home and land package located at Lot 414 Stakes Boulevard, Manor Lakes - Winterset Estate. It is a single-storey house with a Ryde facade, designed as a modern and efficient investment opportunity. The property is positioned in a growing community, offering convenience and access to essential amenities.

Suburb profile:

Manor Lakes is a developing suburb located in Melbourne’s western growth corridor. It offers a mix of established and new residential areas with access to schools, shopping centers, parks, and public transport, making it an attractive choice for families and investors. The suburb continues to expand with significant infrastructure development, enhancing its appeal and accessibility.


Site Inclusions - Site Works, Foundations & Connections:

  • Fixed site costs, including P-Class Slab & Piering.
  • Rock extraction & removal guarantee up to 5 cubic meters.
  • BAL 12.5 Bushfire Compliance (where applicable).

Preliminary Inclusions:

  • 7-Star Energy home built to meet required standards.
  • Soil report & contour survey conducted by independent geotechnical engineers.
  • Developer approvals, building permits, and council asset protection included.

Internal Inclusions:

  • 2590mm ceiling height throughout.
  • Timber laminate flooring to living, entry, and passageways.
  • Carpet in all bedrooms.
  • Three-coat paint system on all internal walls.
  • Soft-close cabinetry and drawers in kitchen and bathrooms.
  • Ducted heating throughout.
  • LED downlights in all internal rooms and porch.

External Inclusions:

  • Colorbond roof.
  • Fully rendered exterior.
  • Eaves and water tank as per developer guidelines.
  • Driveway and porch made with colored concrete.

Landscaping Inclusions:

  • Front, side, and rear landscaping with a drip system.
  • Full fencing included.
  • Clothesline, letterbox, and TV antenna provided.

Electrical Inclusions:

  • 90mm LED downlights throughout.
  • Double power points in all rooms.
  • Two TV points and two data points included.
  • Hardwired smoke detectors with battery backup.
  • External flood lighting for rear and side of the home.

Appliance Inclusions:

  • 600mm in-built stainless steel oven, cooktop, and canopy rangehood.
  • Stainless steel dishwasher.
  • Double bowl stainless steel sink with chrome mixer tap.

Upgraded Inclusions:

  • 20mm stone benchtops in the kitchen, bathroom, ensuite, and laundry.
  • Recessed tiled shower bases and frameless shower screens.
  • Soft-close cabinet doors and drawers.
  • Split system air conditioning in the living area.

Energy Efficiency:

  • 7-Star energy rating.
  • Fibre optic ready for NBN.
  • Solar panels included if required to meet NCC compliance.

Warranties:

  • 12-month price lock period.
  • 7-year structural guarantee.
  • 3-month maintenance inspection and warranty.
  • Four independent building inspections throughout construction.


This co-living property offers a fixed-price home and land package in a thriving growth corridor, making it an excellent investment opportunity. With premium inclusions, energy efficiency, and a well-designed layout, this property provides strong rental potential and long-term value.

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 414 Stakes Boulevard, Manor Lakes VIC
City Melbourne
State VIC
Postcode 3024
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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