Lot 634 Frangipani Avenue, Charlemont VIC
Charlemont, VIC, 3217$ 829,999
Overview
Property ID: LA-19994
- Dual Occupancy
- Property Type
- 4
- Bedrooms
- 3+1
- Bathrooms
- 2
- Cars
- 208
Details
Updated on Nov 26, 2025 at 12:52 pm
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 829,999 |
| Land Price: | $ 423,000 |
| Build Price: | $ 406,999 |
| Gross Per Week: | $ TBA |
| Gross Per Annum: | $ TBA |
| Gross Yield: | TBA% |
| Capital Growth 12 Months: | 0.15% |
| Capital Growth 10 Year Annualised: | 4.73% |
| Vacancy Rate: | 2.46% |
| 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.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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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.