
Overview
Property ID: LA-10834
- Co-Living
- Property Type
- 4
- Bedrooms
- 3.5
- Bathrooms
- 2
- Cars
- 180
Details
Updated on Apr 17, 2025 at 01:30 pm
Property Type: | Co-Living |
---|---|
Price: | $ 798,500 |
Land Price: | $ 410,000 |
Build Price: | $ 388,500 |
Gross Per Week: | $ 1,072 |
Gross Per Annum: | $ 55,744 |
Gross Yield: | 6.98% |
Capital Growth 12 Months: | -0.15% |
Capital Growth 10 Year Annualised: | 5.86% |
Vacancy Rate: | 3.04% |
Property Size: | 180 m2 |
Land Area: | 350 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 3.5 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 10834 |
SKU: | 1029 |
Description
This co-living property is located in Bluestone Estate, Tarneit, offering a modern and functional living space. Designed with shared living in mind, the property includes four bedrooms, three and a half bathrooms, and a double garage. The house features an open-plan layout with high-quality finishes, making it ideal for tenants looking for a comfortable and convenient lifestyle. The property is a full turnkey package with premium inclusions, ensuring a hassle-free investment.
Suburb profile:
Tarneit is a rapidly growing suburb in Melbourne’s west, known for its strong infrastructure, family-friendly environment, and access to major transport links. The area features shopping centers, schools, parks, and a thriving community. With ongoing developments and strong rental demand, Tarneit is a popular choice for investors and families alike.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed Price Site Costs including Rock Excavation
Preliminary Inclusions:
- Survey and Drafting Plans
- Design Guidelines Fixed
- Engineer Designed Slab/Foundations
- All Service Connections (excluding consumer account opening and fibre optic connection if applicable)
- Independent Quality Inspections
- Full House Clean on Completion
- 3 Month Maintenance Period
- Home Owners Warranty
- 10 Year Structural Warranty
Internal Inclusions:
- 2590mm Ceiling height to Single Storey
- 2590mm Ceiling height to Ground Floor and 2440mm to First Floor of a Double Storey
- Plasterboard Walls, Ceilings and Cornice
- 67mm Single Bevel Architrave and Skirting
- 75mm Scotia Cornice
- Melamine shelf with Hanging Rail to Bedroom Robes
- 2040mm high Flush Panel Doors throughout
- Lever Door Handles
- Obscure Glazing to Ensuite, Bathroom, and WC
- Aluminium Sliding Windows (unless otherwise nominated)
- Window Locks to all openable Windows
- Venetians to Front Windows, Roller Blinds to remaining Clear Glazed Windows (excluding stairwell)
External Inclusions:
- Concrete Roof Tiles
- Colorbond Fascia, Gutter, and Downpipes
- Bricks with Natural Colour Mortar and Rolled Joints
- Brickwork above Windows to front Facade only
- Painted Infills above Garage Door and all Windows and Doors to sides and rear
- Plaster Ceiling to Porch and Outdoor Living (if applicable)
- Two-part Termite Treatment
- Colour Through Concrete Driveway and Path to Porch
- Letterbox with numbers
Landscaping Inclusions:
- Combination of Turf, Plants, Mulch, and Toppings to Front and Rear Yards
- Irrigation Connected to Two Garden Taps with Timers
- Compacted Paths around Perimeter of House
- Timber Fencing, including Wing Fence and Gate, to all Boundaries
- Nature Strips Levelled and Seeded
- Clothesline
Electrical Inclusions:
- Double Power Points throughout
- LED Downlights throughout
- Single weatherproof LED Flood Light with Sensor outside Laundry
- Hardwired Smoke Detectors with battery backup
- 2 TV Points
- 1 TV Antenna (estate specific)
- 2 Phone Points
Appliance Inclusions:
- 900mm Stainless Steel Upright Cooker and Canopy Rangehood
- Stainless Steel Dishwasher
- 20mm Caesarstone Benchtops with Square Edge
- Laminate Base Cabinets
- Laminate Overhead Cabinets with Bulkhead above
- Stainless Steel Double Bowl Sink
- Mixer Tap
- Tiled Splashback
- Melamine Shelves to Pantry
Upgraded Inclusions:
- Engineered waffle Slab
- Flyscreens to all openable Windows
- Barrier Doors to all Sliding Doors
Energy Efficiency:
- 7-Star Energy Rating
- Solar Hot Water Service with Gas Booster
- Insulation to Walls and Ceilings
- Self-sealing Exhaust Fans Positioned above all Showers
- External venting to all exhaust fans and rangehoods
Warranties:
- 3 Month Maintenance Period
- Home Owners Warranty
- 10 Year Structural Warranty
This co-living property in Bluestone Estate, Tarneit, presents a fantastic investment opportunity with a full turnkey package, high-end inclusions, and a 7-star energy rating. Its location in a high-growth suburb with strong rental demand ensures long-term value and rental potential.
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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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.