Lot 83 Melros Oceanside Estate, Dawesville WA

Mandurah, WA, 6211

$ 839,990

Mandurah, WA, 6211
Lot 83 Melros Oceanside Estate, Dawesville WA-0
Lot 83 Melros Oceanside Estate, Dawesville WA-1

Property Images

Lot 83 Melros Oceanside Estate, Dawesville WA-0 Lot 83 Melros Oceanside Estate, Dawesville WA-1

Overview

Property ID: LA-7116

  • House and Land
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 216

Details

Updated on Oct 10, 2024 at 04:06 pm

Property Type: House and Land
Price: $ 839,990
Land Price: $ 285,000
Build Price: $ 554,990
Gross Per Week: $ 1,625
Gross Per Annum: $ 84,500
Gross Yield: 10.06%
Capital Growth 12 Months: 23.01%
Capital Growth 10 Year Annualised: 3.99%
Vacancy Rate: 4.28%
Property Size: 216 m2
Land Area: 495 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Title Status: October 2024
Property ID: 7116
SKU: 1026

Description

A modern 5-bedroom, 5-bathroom home located in the sought-after Melros Oceanside Estate in Dawesville, Western Australia. This property boasts a full turnkey, co-living house and land package ideal for investors seeking high rental returns. The property is designed with modern inclusions and is located in a growth area close to the coastline.


Suburb profile

Dawesville is a coastal suburb in the Peel region of Western Australia, known for its scenic ocean views and relaxed lifestyle. It offers a range of recreational activities, including boating, fishing, and access to beautiful beaches. Dawesville is also close to schools, parks, and essential amenities, making it an attractive location for families and investors.


Site Works Foundations & Connections:

  • Site works, council charges, and standard construction costs are included.

Internal Inclusions:

  • Vinyl flooring throughout main floor areas, Quality carpet or vinyl to all bedrooms, Reverse cycle air-conditioning to all bedrooms, LED downlights throughout.

External Inclusions:

  • Driveway, Fencing, Garden taps, Crossover, Clothesline, Letterbox, Antenna, Flyscreens, Window furnishings.

Appliance Inclusions:

  • Stainless steel appliances, including dishwasher.

Furniture Pack Inclusions:

  • Furniture package worth $29,700 for co-living setup.

This high-quality co-living property in Dawesville is perfect for investors seeking excellent rental returns, with modern inclusions and a location in the desirable Melros Oceanside Estate. Its turnkey design ensures a hassle-free investment with strong yield 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.

Address Lot 83 Melros Oceanside Estate, Dawesville WA
City Mandurah
State WA
Postcode 6211
Suburb N/A

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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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