Overview
Property ID: LA-3955
- House and Land
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 190
Details
Updated on Oct 28, 2024 at 11:41 am
Property Type: | House and Land |
---|---|
Price: | $ 771,942 |
Land Price: | $ 357,000 |
Build Price: | $ 414,942 |
Gross Per Week: | $ 900 |
Gross Per Annum: | $ 46,800 |
Gross Yield: | 6.06% |
Capital Growth 12 Months: | 14.86% |
Capital Growth 10 Year Annualised: | 7.26% |
Vacancy Rate: | 1.28% |
Property Size: | 190 m2 |
Land Area: | 375 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | February 2024 |
Property ID: | 3955 |
SKU: | 2000 |
Description
Co-Living Housing
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 located in prime locations with access to transport, education, employment and entertainment hubs.
You can read more about Co-Living here: https://latitudeproperty.com.au/category/co-living-properties/
Estate & Location Information
Arbourwood Estate
Arbourwood Estate is perfectly situated in the burgeoning suburb of Morayfield, North Brisbane. Its location lends itself to a lifestyle that balances convenience and nature. Residents can enjoy easy access to a variety of shops, schools, and transport options in and around Morayfield, making it a prime location for families and individuals alike. For those who cherish the outdoors, Arbourwood’s park, conveniently located within the community, offers a tranquil space for relaxation and recreation.
As for education and childcare, Arbourwood is in close proximity to primary and secondary schools, as well as childcare facilities. This makes it an ideal place for families with children of all ages. The local Morayfield train station and bus interchange are also nearby, facilitating commute and connectivity for the residents.
Healthcare is another key feature of this locale, with Caboolture Hospital situated close by. This ensures immediate access to quality healthcare services when needed. For the food lovers and social butterflies, Morayfield boasts a range of shops, cafes, and restaurants offering diverse culinary experiences.
Furthermore, the estate is approximately a 30-minute drive from Bribie Island and Redcliffe, presenting opportunities for beachside excursions and water activities. The estate also provides easy access to the Bruce Highway for Brisbane and the Sunshine Coast. This accessibility to business and social hubs is a significant advantage for professionals and social enthusiasts alike. Lastly, residents can enjoy access to the Pumicestone Passage and the Sunshine Coast hinterland, enhancing the community’s lifestyle with an array of outdoor activities.
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.