
Overview
Property ID: LA-10787
- Co-Living
- Property Type
- 4
- Bedrooms
- 3.5
- Bathrooms
- 2
- Cars
- 180
Details
Updated on Mar 26, 2025 at 11:31 am
Property Type: | Co-Living |
---|---|
Price: | $ 795,900 |
Land Price: | $ 445,000 |
Build Price: | $ 350,900 |
Gross Per Week: | $ 1,073 |
Gross Per Annum: | $ 55,796 |
Gross Yield: | 7.01% |
Capital Growth 12 Months: | 0.70% |
Capital Growth 10 Year Annualised: | 5.05% |
Vacancy Rate: | 2.45% |
Property Size: | 180 m2 |
Land Area: | 369 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 3.5 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 10787 |
SKU: | 1029 |
Description
This is a house and land package located in Clyde North, Victoria. The property is situated in the Saffron Estate and features a modern 4-bedroom, 3.5-bathroom home with a double garage. The total land area is 369m², and the house has a total area of 180.58m². It is a two-part contract with an expected title date of October 2024. The package is fully turnkey and includes premium finishes, landscaping, and fencing.
Suburb profile:
Clyde North is a rapidly growing suburb in Melbourne's southeastern corridor, known for its family-friendly environment, modern housing developments, and access to essential amenities. The suburb offers a mix of residential estates, schools, shopping centers, and parks, making it a desirable location for families and investors. It is well-connected to major road networks, providing easy access to Melbourne’s CBD.
Internal Inclusions:
- Engineered waffle slab construction
- Pine wall frames and roof trusses
- 2590mm ceiling height on the ground floor
- Plasterboard walls and ceilings
- 67mm single bevel architrave and skirting
- 75mm Scotia cornice
- 2040mm high flush panel doors throughout
- Lever door handles
- Obscure glazing to ensuite, bathroom, and WC windows
- Aluminium sliding windows with keyed locks
- 3-coat paint system
- Gloss enamel paint on architraves and skirting
- Flyscreens on all openable windows
- Barrier doors to all sliding doors
External Inclusions:
- Concrete roof tiles
- Colorbond fascia, gutters, and downpipes
- Bricks with natural mortar and rolled joints
- Brickwork above windows on the front facade
- Painted infills above garage door and windows
- Plaster ceiling to porch and outdoor living areas
- Two-part termite treatment
- Concrete driveway and path to porch
- Letterbox with numbers
- Colorbond sectional panel lift garage door with motor and remotes
Landscaping Inclusions:
- Combination of turf, plants, mulch, and toppings in front and rear yards
- Irrigation system with timers
- Compacted paths around the house perimeter
- Timber fencing with wing fence and gate
- Nature strip leveled and seeded
- Clothesline
Electrical Inclusions:
- Double power points throughout
- LED downlights throughout
- Single weatherproof LED floodlight with sensor outside laundry
- Hardwired smoke detectors with battery backup
- 2 TV points
- TV antenna (estate specific)
- 2 phone points
Appliance Inclusions:
- 900mm stainless steel upright cooker
- 900mm stainless steel canopy rangehood
- Stainless steel dishwasher
- 20mm Caesarstone benchtops with square edges
- Laminate base and overhead cabinets with bulkhead
- Stainless steel double bowl sink
- Mixer tap
- Tiled splashback
- Melamine shelves in pantry
Energy Efficiency:
- 7-star energy rating
- Solar hot water system with gas booster
- Insulation to walls and ceilings
- Self-sealing exhaust fans in all showers
- External venting for all exhaust fans and rangehoods
Warranties:
- 3-month maintenance period
- Homeowners warranty
- 10-year structural warranty
This house and land package in Clyde North is a high-quality, fully turnkey investment offering modern design, premium inclusions, and strong energy efficiency. With a prime location in a high-growth suburb and a $10,000 rebate, it presents an excellent opportunity for both homeowners and investors.
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.