Lot 726 - Co-Living Banyan Place W/ 5-Year Rental Guarantee - Officer

Officer, Melbourne, VIC, 3809

$ 776,167

Officer, Melbourne, VIC, 3809
Lot 726 - Co-Living  Banyan Place W/ 5-Year Rental Guarantee - Officer-0
Lot 726 - Co-Living  Banyan Place W/ 5-Year Rental Guarantee - Officer-1
Lot 726 - Co-Living  Banyan Place W/ 5-Year Rental Guarantee - Officer-2
Lot 726 - Co-Living  Banyan Place W/ 5-Year Rental Guarantee - Officer-3

Property Images

Lot 726 - Co-Living  Banyan Place W/ 5-Year Rental Guarantee - Officer-0 Lot 726 - Co-Living  Banyan Place W/ 5-Year Rental Guarantee - Officer-1 Lot 726 - Co-Living  Banyan Place W/ 5-Year Rental Guarantee - Officer-2 Lot 726 - Co-Living  Banyan Place W/ 5-Year Rental Guarantee - Officer-3

Overview

Property ID: LA-12531

  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 167

Details

Updated on Apr 08, 2025 at 12:00 pm

Property Type: House and Land
Price: $ 776,167
Land Price: $ 390,000
Build Price: $ 386,167
Gross Per Week: $ 900
Gross Per Annum: $ 46,800
Gross Yield: 6.03%
Capital Growth 12 Months: 1.54%
Capital Growth 10 Year Annualised: 5.58%
Vacancy Rate: 1.26%
Property Size: 167 m2
Land Area: 294 m2
Bedrooms: 3
Bathrooms: 3
Parking: 2
Title Status: Registered
Property ID: 12531
SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

A place to belong, Banyan Place is positioned in Officer, in South East Melbourne. It offers a unique combination of easy access to vast, open spaces of nature while only being a stone’s throw from the essential touchpoints that make life comfortable — ensuring your valuable time is spent with family and friends.

To take your first steps towards a beautiful life at Banyan Place.

Officer, located approximately 48 kilometers southeast of Melbourne's Central Business District, is a rapidly developing suburb within the Shire of Cardinia. Historically known for its timber and brickmaking industries, Officer has transformed into a burgeoning residential area while retaining its semi-rural charm.​

The suburb offers a variety of local amenities, including several parks and recreational facilities. Notably, Dragon Park was recognized as Victoria's Favourite Playground in 2021. The Comely Banks Recreation Reserve, currently under construction, is set to feature multiple sports pitches, a pavilion, and open spaces for community use. ​

For shopping needs, residents frequent the Arena Shopping Centre, which houses major retailers, a supermarket, and various dining options. Plans for the Officer Town Centre promise to further enhance retail and recreational offerings in the near future. ​

Education is a strong focus in Officer, with numerous schools catering to different levels. These include Officer Primary School, Officer Secondary College, and private institutions such as St. Francis Xavier College and Minaret Islamic College. The abundance of educational facilities makes the suburb particularly appealing to families. ​

Transportation is convenient, with Officer railway station providing access to Melbourne and surrounding areas. The suburb is also well-connected by the Princes Freeway and Princes Highway, facilitating easy commutes. 

Disclaimer*

Reservation Requirements: 1. Completed EOI (Property Reservation form under Fusion CRM Online Forms) 2. Holding deposit receipt :(amount TBA) 3. Copy of client's finance pre-approval letter/comfort letter from the broker 4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 726 - Co-Living Banyan Place W/ 5-Year Rental Guarantee - Officer
City Melbourne
State VIC
Postcode 3809
Suburb Officer

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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.

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