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Lot S341 Stakes Boulevard, Manor Lakes VIC
Melbourne, VIC, 3024$ 648,808
Overview
Property ID: LA-11269
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 130
Details
Updated on Feb 26, 2025 at 11:17 am
Property Type: | Co-Living |
---|---|
Price: | $ 648,808 |
Land Price: | N/A |
Build Price: | N/A |
Gross Per Week: | $ 840 |
Gross Per Annum: | $ 43,680 |
Gross Yield: | 6.73% |
Capital Growth 12 Months: | 2.69% |
Capital Growth 10 Year Annualised: | 6.16% |
Vacancy Rate: | 5.28% |
Property Size: | 130 m2 |
Land Area: | 196 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 1 |
Title Status: | Titled |
Property ID: | 11269 |
SKU: | 1048 |
Description
This is a co-living home and land package located in Manor Lakes, offering a modern single-storey residence with a functional layout designed for comfort and convenience. The home features a well-appointed kitchen, multiple bedrooms, and spacious living areas, making it an attractive investment opportunity.
Suburb Profile:
Manor Lakes is a thriving suburb in Victoria, known for its family-friendly environment and access to essential amenities. The suburb features schools, shopping centers, parks, and transport options, making it a sought-after location for residents and investors alike.
Site Inclusions:
- Fixed site costs including P-Class slab and piering
- Peace of mind rock extraction and removal guarantee
- Connection of electricity, water mains, gas supply, sewer, and stormwater
- Termite barrier protection (if required)
- BAL 12.5 Bushfire compliance (where applicable)
Preliminary Inclusions:
- 7-star energy-rated home
- Pre-site inspection
- Soil report & contour survey
- Developer approval and building permit applications
- Independent inspections at various stages of construction
Internal Inclusions:
- 2590mm ceiling height
- Timber laminate flooring to living, entry & passageways
- Carpet to all bedrooms
- Soft-close cabinet doors and drawers in the kitchen and bathrooms
- 20mm stone benchtops in the kitchen, bathroom, ensuite, and laundry
- Polished edge mirrors to full length of vanities
- Ducted heating throughout
- LED downlights in all internal rooms and porch
- Three-coat paint system
External Inclusions:
- Fully rendered home with a Colorbond roof
- Double bowl stainless steel kitchen sink with drainer
- Chrome designer kitchen mixer tap
- Aluminium powder-coated sliding windows and doors with locks
- Sectional coated steel garage door with remote control
- Two outdoor brass garden taps
- Eaves to the front facade (design specific)
Landscaping Inclusions:
- Front, side, and rear landscaping with a drip system
- Full fencing, clothesline, letterbox, and TV antenna
- Concrete driveway and porch (colour through)
Electrical Inclusions:
- Hardwired smoke detectors with battery backup
- RCD safety switch and circuit breakers
- 2 x TV points including cable to the roof space
- 2 x data points
- NBN provision infrastructure for future connection
- Internal 90mm LED downlights throughout
- External floodlighting at the rear and side of the home
- Batten light in the garage
Appliance Inclusions:
- 600mm stainless steel in-built oven
- 600mm stainless steel cooktop
- 600mm stainless steel rangehood
- Stainless steel dishwasher
Upgraded Inclusions:
- Split system air conditioner to the living room
- Premium 2590mm ceiling height
- Soft-close drawers and cabinet doors throughout
- Upgraded ventilation in the roof space
- 1.76kW solar PV system (if required for whole-home assessment)
Optional $24,990 Furniture package includes
- Queen Beds with Mattresses
- Drawers, Side Tables & Lamps
- Sofa, TV Unit, Coffee Table, Armchair
- TV & Internet Modem
- Dining Table & Chairs
- Kitchen & Laundry Appliances
- Full Cookware & Cutlery Set
Energy Efficiency:
- 7-star energy and NCC compliant
- Solar panels (if required)
- Fibre optic ready for NBN network or equivalent
- Insulated ceilings and walls with glass wool batts
Warranties:
- 7-year structural guarantee
- 3-month maintenance inspection and warranty
- Fixed price package with a 12-month price lock period
- 4 x independent building inspections throughout the build process
Conclusion:
This co-living home and land package in Manor Lakes offers an excellent investment opportunity with a modern design, high-quality inclusions, and energy-efficient features. With a fixed-price guarantee and comprehensive warranties, this property ensures both peace of mind and long-term value.
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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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
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.