Lot 55 Hillview South Estate, Maddingley VIC

Melbourne, VIC, 3340

$ 754,900

Melbourne, VIC, 3340
Lot 55 Hillview South Estate, Maddingley VIC-0
Lot 55 Hillview South Estate, Maddingley VIC-1
Lot 55 Hillview South Estate, Maddingley VIC-2
Lot 55 Hillview South Estate, Maddingley VIC-3
Lot 55 Hillview South Estate, Maddingley VIC-4

Property Images

Lot 55 Hillview South Estate, Maddingley VIC-0 Lot 55 Hillview South Estate, Maddingley VIC-1 Lot 55 Hillview South Estate, Maddingley VIC-2 Lot 55 Hillview South Estate, Maddingley VIC-3 Lot 55 Hillview South Estate, Maddingley VIC-4

Overview

Property ID: LA-9818

  • Co-Living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 195

Details

Updated on Dec 19, 2024 at 12:35 pm

Property Type: Co-Living
Price: $ 754,900
Land Price: $ 305,000
Build Price: $ 449,900
Gross Per Week: $ 990
Gross Per Annum: $ 51,480
Gross Yield: 6.82%
Capital Growth 12 Months: -5.82%
Capital Growth 10 Year Annualised: 5.77%
Vacancy Rate: 1.75%
Property Size: 195 m2
Land Area: 392 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: TBA
Property ID: 9818
SKU: 1028

Description

A premium house and land package offering modern design and upgraded inclusions in the Hillview South Estate. The property is ideal for investors seeking a turnkey solution with high-quality finishes.

Suburb profile:

Maddingley is a growing suburb within the Greater Melbourne region, offering excellent connectivity to Melbourne's CBD and local amenities. The area features schools, parks, and shopping facilities, making it a desirable location for families and professionals alike.


Site Inclusions - Site Works, Foundations & Connections:

  • Fixed price site works
  • Engineered concrete slab
  • Termite treatment
  • Connections to water, sewer, and electricity

Preliminary Inclusions:

  • Engineers soil report
  • Council building application fees
  • Building insurance
  • Developer covenant approval

Internal Inclusions:

  • 2590mm ceiling height
  • Premium carpet in bedrooms
  • Three-coat paint system
  • Air-conditioning to the living area and main bedroom
  • Quality vinyl planks in living areas

External Inclusions:

  • Colorbond roof
  • Exposed aggregate driveway
  • Feature render
  • Steel frame
  • Automatic garage door with remotes

Landscaping Inclusions:

  • A-grade turf
  • Front garden bed with plants and shrubs
  • Fencing
  • Pillar-style letterbox
  • Clothesline

Electrical Inclusions:

  • LED downlights
  • Energy-efficient appliances
  • Pre-wiring for NBN
  • Weatherproof external lights

Appliance Inclusions:

  • 900mm electric cooktop
  • 900mm under-bench oven
  • Freestanding dishwasher
  • Double bowl sink

Upgraded Inclusions:

  • Premium façade options
  • Stone benchtops throughout

Energy Efficiency:

  • 7-star energy rating
  • Energy-efficient hot water system
  • Ceiling fans in living and bedrooms
  • Weather seals on external doors


This premium turnkey house and land package in Maddingley offers a modern lifestyle with upgraded inclusions and a 7-star energy rating, making it an ideal investment opportunity in a rapidly growing suburb.

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 55 Hillview South Estate, Maddingley VIC
City Melbourne
State VIC
Postcode 3340
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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