Featured Co-Living Rental Guarantee

Lot 532 Uplands Crescent, Melton South VIC

Melbourne, VIC, 3338

$ 767,700

Featured Co-Living Rental Guarantee
Melbourne, VIC, 3338
Lot 532 Uplands Crescent, Melton South VIC-0
Lot 532 Uplands Crescent, Melton South VIC-1
Lot 532 Uplands Crescent, Melton South VIC-2
Lot 532 Uplands Crescent, Melton South VIC-3
Lot 532 Uplands Crescent, Melton South VIC-4

Property Images

Lot 532 Uplands Crescent, Melton South VIC-0 Lot 532 Uplands Crescent, Melton South VIC-1 Lot 532 Uplands Crescent, Melton South VIC-2 Lot 532 Uplands Crescent, Melton South VIC-3 Lot 532 Uplands Crescent, Melton South VIC-4

Overview

Property ID: LA-9903

  • Co-Living
  • Property Type
  • 4
  • Bedrooms
  • 3.5
  • Bathrooms
  • 1
  • Cars
  • 168

Details

Updated on Jan 10, 2025 at 05:35 pm

Property Type: Co-Living
Price: $ 767,700
Land Price: $ 405,000
Build Price: $ 362,700
Gross Per Week: $ 920
Gross Per Annum: $ 47,840
Gross Yield: 6.23%
Capital Growth 12 Months: -0.86%
Capital Growth 10 Year Annualised: 6.78%
Vacancy Rate: 4.55%
Property Size: 168 m2
Land Area: 470 m2
Bedrooms: 4
Bathrooms: 3.5
Parking: 1
Title Status: Titled
Property ID: 9903
SKU: 1029

Description

This house and land package in the Skylark Rise Estate offers a modern, fully turnkey home with premium inclusions such as 2590mm ceilings, quality appliances, and complete landscaping. Designed for comfort and functionality, this home is ideal for families or investors.

Suburb profile:

Melton South is a growing suburb in Greater Melbourne, featuring family-friendly amenities, schools, and transport links. It combines suburban charm with easy access to shopping centers and the Melbourne CBD.


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 the 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.

Upgraded Inclusions:

  • Not explicitly stated.

Energy Efficiency:

  • 6-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 high-quality home in a prime estate, with a complete turnkey package and modern amenities, making it a great choice for families and investors alike.

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.

Documents

Lot 532 Uplands Crescent, Melton South, VIC 3338_1736489951mAEBD.pdf

Address Lot 532 Uplands Crescent, Melton South VIC
City Melbourne
State VIC
Postcode 3338
Suburb N/A

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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.

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