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Overview
Property ID: LA-13287
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 174
Details
Updated on May 08, 2025 at 10:53 am
Property Type: | Co-Living |
---|---|
Price: | $ 713,102 |
Land Price: | $ 315,000 |
Build Price: | $ 398,102 |
Gross Per Week: | $ 750 |
Gross Per Annum: | $ 39,000 |
Gross Yield: | 5.47% |
Capital Growth 12 Months: | 7.94% |
Capital Growth 10 Year Annualised: | 4.81% |
Vacancy Rate: | 13.43% |
Property Size: | 174 m2 |
Land Area: | 336 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 1 |
Title Status: | Titled |
Property ID: | 13287 |
SKU: | 1015 |
Description
This is a co-living investment property located in the Kelly on Lithgow Estate in Beveridge, Victoria. The dwelling is a single-storey design with a Chelsea 19 floorplan and a Blackman facade. The property comprises 3 bedrooms, 3 bathrooms, 3 living areas, and 1 car garage, built on a 336m² titled block. It is a fixed price turnkey package offering full landscaping, fencing, ducted heating and cooling, and quality internal finishes.
Suburb profile:
Beveridge is a growing suburb in Victoria’s northern corridor, located approximately 42 kilometres from Melbourne’s CBD. It is part of a high-growth area supported by ongoing residential and infrastructure development. Beveridge is appealing to both homebuyers and investors due to its proximity to the Hume Freeway, planned future railway station, and accessibility to nearby employment hubs and schools.
Site Inclusions - Site Works, Foundations & Connections:
- Property information, site survey, soil test, and site inspections
- Drafting of plans and structural engineering design
- Building permit application and warranty insurance
- Class 1 dwelling construction
- Bushfire compliance up to BAL 12.5
- Earthworks and site levelling up to 300mm
- Site classification up to H2 class
- Concrete waffle slab design
- Protekta Termicoat termite protection (where required)
- Installation of underground power, water, and telecommunications provisions
- Sewer and stormwater connections
Preliminary Inclusions:
- Three-month maintenance guarantee
- Community infrastructure levies
Internal Inclusions:
- Plasterboard to ceilings and walls
- Water-resistant plasterboard to wet areas
- Gloss enamel to doors and trims
- Flat acrylic to ceilings
- Low sheen washable acrylic to walls
- Walk-in robe and built-in robes with melamine shelving and hanging rails
- Linen and broom cupboards
- Ceramic tiling to entry, kitchen, meals, bathrooms, WC, laundry
- Skirting tiles to wet areas
- Carpet to bedrooms, robes, living areas, stairs (if applicable)
- Internal Holland blinds to windows and sliding doors
External Inclusions:
- Natural clay bricks with rolled mortar joints
- Fibre cement sheet infill panels
- Acrylic render and cladding as per design
- Solid core front door
- Aluminium framed lockable windows and sliding doors
- Flyscreens to windows and one sliding door
- Concrete roof tiles
- Colorbond rain heads, gutters, fascia, capping
- Motorised panel lift garage door with 2 remotes
- Double or single garage with concrete floor, tiled skirting, plaster ceiling
Landscaping Inclusions:
- 1800mm high full share fencing with wing returns
- Topsoil and seeded grass areas
- Feature pebble, pine mulching, Tuscan toppings to walkways
- Feature tree and garden plants
- Preformed letterbox
- Wall-mounted fold-down clothesline
- Concrete pavers as per design
Electrical Inclusions:
- Cool white LED downlights throughout
- Garage batten light
- Floodlight to rear and side yard exits
- Double power points throughout
- Two TV points
- Roof-mounted antenna
- Two pre-wired telecom points
- Hardwired smoke detectors
- Doorbell with internal bell
Appliance Inclusions:
- 600mm fan-forced electric oven
- 600mm electric cooktop
- 600mm canopy rangehood
- 600mm stainless steel dishwasher
3 beds - Optional $24,990 Furniture package includes
- Queen Beds with Mattresses
- Drawers, Side Tables & Lamps
- Sofa, TV Unit, Coffee Table, Armchair
- TV & Internet Modem
- Dining Table & Chairs
- Kitchen & Laundry Appliances
- Full Cookware & Cutlery Set
Upgraded Inclusions:
- 20mm zero silica stone benchtops throughout
- Ducted refrigerated heating and cooling
- Overhead kitchen cabinetry
- Holland blinds and flyscreens
- Coloured concrete driveway
Energy Efficiency:
- Wool insulation batts
- Double glazing where required
- 170L electric boosted heat pump water unit
- Provision of 2000L water tank or recycled water connection to toilets
Warranties:
- Three-month maintenance guarantee
This co-living property in Beveridge offers a fully turnkey, high-quality home with strong investment potential. With premium upgrades and located in a high-growth corridor, it provides a low-maintenance and attractive opportunity for 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.
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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.