Lot S437 Luna St, Officer VIC
Melbourne, VIC, 3809$ 819,900
Overview
Property ID: LA-9872
- SMSF Single Contract
- Property Type
- 4
- Bedrooms
- 3.5
- Bathrooms
- 2
- Cars
- 180
Details
Updated on Jan 08, 2025 at 02:26 pm
Property Type: | SMSF Single Contract |
---|---|
Price: | $ 819,900 |
Land Price: | N/A |
Build Price: | N/A |
Gross Per Week: | $ 1,120 |
Gross Per Annum: | $ 58,240 |
Gross Yield: | 7.10% |
Capital Growth 12 Months: | 1.54% |
Capital Growth 10 Year Annualised: | 5.58% |
Vacancy Rate: | 1.26% |
Property Size: | 180 m2 |
Land Area: | 350 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 3.5 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 9872 |
SKU: | 1029 |
Description
This four-bedroom, three-and-a-half-bathroom turnkey home in Officer Fields Estate is designed with modern functionality, offering spacious living areas and high-quality inclusions. North-facing for optimal light, this property is ideal for families or investors.
Suburb profile:
Officer is a fast-growing suburb in Melbourne’s south-east, offering a balanced lifestyle with excellent schools, parks, shopping options, and connectivity through major roads and public transport. Its family-friendly atmosphere makes it a desirable location for residents and investors alike.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed price site costs, including rock excavation.
Internal Inclusions:
- Engineered waffle slab.
- Pine wall frames.
- 2590mm ceiling height.
- Plasterboard walls and ceilings.
- Timber laminate flooring in entry and living areas.
External Inclusions:
- Concrete roof tiles.
- Brickwork with natural color mortar.
- Colorbond fascia and guttering.
- Sectional panel garage door.
Landscaping Inclusions:
- Fully landscaped front and rear yards.
- Irrigation system with timers.
- Perimeter paths.
- Timber fencing with wing gate.
- Nature strips leveled and seeded.
Electrical Inclusions:
- Double power points.
- LED downlights.
- Split system air conditioning in living areas.
- Smoke detectors with battery backup.
Appliance Inclusions:
- 900mm stainless steel upright cooker and rangehood.
- Stainless steel dishwasher.
- Caesarstone benchtops in the kitchen.
Energy Efficiency:
- 6-star energy rating.
- Solar hot water system with gas booster.
- Insulation in walls and ceilings.
- Self-sealing exhaust fans.
Warranties:
- Three-month maintenance warranty and ten-year structural warranty.
This north-facing property in Officer Fields Estate offers a blend of modern living and energy efficiency, making it a compelling choice for families or investors in a sought-after Melbourne suburb.
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.