
Overview
Property ID: LA-10789
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 150
Details
Updated on Mar 03, 2025 at 04:59 pm
Property Type: | Co-Living |
---|---|
Price: | $ 628,585 |
Land Price: | $ 229,585 |
Build Price: | $ 399,000 |
Gross Per Week: | $ 713 |
Gross Per Annum: | $ 37,076 |
Gross Yield: | 5.90% |
Capital Growth 12 Months: | 1.04% |
Capital Growth 10 Year Annualised: | 6.91% |
Vacancy Rate: | 0.54% |
Property Size: | 150 m2 |
Land Area: | 576 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | March 2025 |
Property ID: | 10789 |
SKU: | 1029 |
Description
This is a co-living property located at Lot 81 Galloway Street, Moe. The property is a high-quality turnkey investment designed for shared living. It features a modern design with spacious interiors and premium inclusions. The property is built with energy efficiency in mind, featuring high-end appliances and quality finishes. The home is designed for long-term durability and comfort, with a functional layout that accommodates multiple tenants.
Suburb Profile:
Moe is a regional town in Victoria, known for its affordability and growing infrastructure. It offers a mix of residential, commercial, and industrial developments. The town is well-connected by road and rail to Melbourne, making it an attractive location for tenants seeking affordable housing outside the city. Moe has local schools, shopping centers, and recreational facilities, making it a convenient place to live and invest.
Site Inclusions:
- Fixed price site costs, including rock excavation.
Preliminary Inclusions:
- Engineer-designed slab/foundations.
- All permits as required by building regulations.
- Survey and drafting plans.
- Design guidelines fixed.
- Independent quality inspections.
- Full house clean on completion.
Internal Inclusions:
- 2590mm ceiling height.
- Timber laminate flooring to entry and living areas.
- Carpet to bedrooms.
- Plasterboard walls, ceilings, and cornices.
- 67mm single bevel architrave and skirting.
- 75mm Scotia cornice.
- 3-coat paint system throughout.
- Gloss enamel paint to architrave and skirting.
External Inclusions:
- Concrete roof tiles.
- Colorbond fascia, gutter, and downpipes.
- Brickwork with natural color mortar and rolled joints.
- Painted infills above garage doors and windows.
- Color-through concrete driveway and path to the porch.
- Letterbox with house numbers.
- Colorbond sectional garage door with motor and remote controls.
Landscaping Inclusions:
- Combination of turf, plants, mulch, and toppings in front and rear yards.
- Irrigation connected to two garden taps with timers.
- Compacted paths around the perimeter of the house.
- Timber fencing, including wing fence and gate, to all boundaries.
- Nature strips leveled and seeded.
- Clothesline included.
Electrical Inclusions:
- Double power points throughout.
- LED downlights throughout.
- Single weatherproof LED floodlight with a sensor outside the laundry.
- Hardwired smoke detectors with battery backup.
- Two TV points.
- TV antenna (estate specific).
- Two phone points.
Appliance Inclusions:
- 900mm stainless steel upright cooker and canopy rangehood.
- Stainless steel dishwasher.
- 20mm Caesarstone benchtops.
- Laminate base cabinets and overhead cabinets with bulkhead.
- Stainless steel double bowl sink with mixer tap.
- Tiled splashback.
Energy Efficiency:
- 7-star energy rating.
- Solar hot water system with gas booster.
- Insulation to walls and ceilings.
- Self-sealing exhaust fans positioned above all showers.
- External venting for all exhaust fans and rangehoods.
Warranties:
- 3-month maintenance period.
- Homeowners warranty.
- 10-year structural warranty.
This property is a premium co-living investment, offering a fully turnkey solution with modern finishes, energy-efficient features, and high-quality inclusions. Located in Moe, Victoria, it provides an excellent opportunity for investors seeking a high-yield, shared living property.
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.