Lot 634 Frangipani Avenue, Charlemont VIC

Charlemont, VIC, 3217

$ 829,999

Charlemont, VIC, 3217
Lot 634 Frangipani Avenue, Charlemont VIC-0
Lot 634 Frangipani Avenue, Charlemont VIC-1

Property Images

Lot 634 Frangipani Avenue, Charlemont VIC-0 Lot 634 Frangipani Avenue, Charlemont VIC-1

Overview

Property ID: LA-19994

  • Dual Occupancy
  • Property Type
  • 4
  • Bedrooms
  • 3+1
  • Bathrooms
  • 2
  • Cars
  • 208

Details

Updated on May 20, 2026 at 11:11 pm

Property Type: Dual Occupancy
Price: $ 829,999
Land Price: $ 423,000
Build Price: $ 406,999
Gross Per Week: $ 495**
Gross Per Annum: $ 25,740
Gross Yield: 3.10%
Capital Growth 12 Months: 7.99%
Capital Growth 10 Year Annualised: 4.14%
Vacancy Rate: 1.35%
Property Size: 208 m2
Land Area: 496 m2
Bedrooms: 4
Bathrooms: 3+1
Parking: 2
Title Status: Q1 2026
Property ID: 19994
SKU: 1023

Description

This impressive dual occupancy property offers a smart and versatile living solution, perfect for investors or extended families. Featuring two separate dwellings on one lot, it provides flexibility, privacy and the potential for multiple income streams. Each unit is thoughtfully designed with modern fixtures, energy-efficient systems and comfortable living layouts that cater to practical everyday needs.

Suburb profile:

Charlemont is a growing residential destination offering a relaxed lifestyle with urban convenience. Residents appreciate its proximity to local amenities, green spaces and easy access to major transport routes. The area is known for its evolving community atmosphere and promising development prospects. A desirable location for both families and investors due to its balance of comfort and future growth potential.


Inclusions:

  • Reverse Cycle Split System to Living
  • Alarm System
  • Downlights throughout
  • Floor Coverings as per specification
  • Fly Screens and fly doors
  • Window furnishings
  • Dishwasher
  • Clothesline & Letterbox
  • Fencing & Driveway
  • Fully landscaped front & rear

Unit 1 (Front unit)

  • 1 No. Min 5kw reverse cycle split system
  • 540mm freestanding electric cooker
  • 600mm Technika slideout rangehood
  • Stainless steel single sink with chrome mixer tap
  • Double power points as per working drawings
  • 1 No. TV and data point
  • 1 No. external light point outside sliding door
  • Electric heat pump
  • Washing machine taps, outlet and power point provisions in bathroom
  • Solid core door with brushes to door seals
  • Acoustic insulation sound batts
  • Additional concrete paving to front and side gate garden as per working drawing

Unit 2 (Rear unit)

  • Standard Victorian turnkey inclusions
  • 2 No. Min 5kw reverse cycle split system to master and living
  • 600mm stainless steel gas appliances to kitchen
  • Gas boosted solar hot water

This modern dual occupancy property presents a versatile living and investment solution with strong appeal to tenants and families, offering opportunity for dual income potential and long-term value.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.

Address Lot 634 Frangipani Avenue, Charlemont VIC
City N/A
State VIC
Postcode 3217
Suburb Charlemont

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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.

SMSF Single Contract

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