Overview
Property ID: LA-9912
- Co-Living
- Property Type
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 195
Details
Updated on Jan 10, 2025 at 05:36 pm
Property Type: | Co-Living |
---|---|
Price: | $ 755,100 |
Land Price: | $ 364,000 |
Build Price: | $ 391,100 |
Gross Per Week: | $ 1,000 |
Gross Per Annum: | $ 52,000 |
Gross Yield: | 6.89% |
Capital Growth 12 Months: | 7.94% |
Capital Growth 10 Year Annualised: | 4.81% |
Vacancy Rate: | 13.43% |
Property Size: | 195 m2 |
Land Area: | 392 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | March 2025 |
Property ID: | 9912 |
SKU: | 1029 |
Description
This property features a modern 4-bedroom, 3-bathroom home in the Mandalay Estate. The turnkey package includes premium finishes, a 7-star energy rating, and full landscaping. It is designed for comfort and functionality, catering to both families and investors.
Suburb profile:
Beveridge is a growing suburb in Greater Melbourne known for its relaxed lifestyle and family-friendly amenities. It offers a mix of residential developments, parks, and access to schools and transport, making it appealing to both families and investors.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed price site costs, including rock excavation.
Preliminary Inclusions:
- Survey and drafting plans.
- Engineer-designed slab/foundations.
- All required permits.
- Independent quality inspections.
- 10-year structural warranty.
- Homeowner's warranty.
Internal Inclusions:
- Engineered waffle slab.
- Pine wall frames.
- 2590mm ceiling height to single-story homes.
- Plasterboard walls and ceilings.
- 67mm single bevel architrave and skirting.
- 75mm Scotia cornice.
- Flyscreens to windows.
- Barrier doors to sliding doors.
- 3-coat paint system throughout.
External Inclusions:
- Concrete roof tiles.
- Colorbond fascia, gutter, and downpipes.
- Natural mortar.
- Brickwork above windows on the front façade.
- Painted infills above garage and windows.
- Plaster ceiling to porch.
- Colorbond sectional garage door with remote control.
- Flush panel garage/house access door.
Landscaping Inclusions:
- Combination of turf, plants, mulch, and toppings.
- Irrigation.
- Timber fencing.
- Nature strip leveling and seeding.
- Clothesline.
Electrical Inclusions:
- Gas ducted heating.
- LED downlights.
- Power points throughout.
- Hardwired smoke detectors.
- TV points.
- Solar hot water service with a gas booster.
Appliance Inclusions:
- 900mm stainless steel upright cooker.
- Canopy rangehood.
- Stainless steel dishwasher.
- Caesarstone benchtops.
- Laminate cabinets.
- Tiled splashback.
Energy Efficiency:
- 7-star energy rating.
- Insulation to walls and ceilings.
- External venting for fans and rangehoods.
Warranties:
- 3-month maintenance period.
- Homeowner's warranty.
- 10-year structural warranty.
This property offers a well-designed, energy-efficient home in a prime location within Mandalay Estate. It includes comprehensive turnkey features, making it an excellent choice for families and 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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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.