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Lot S5136 Arbory Walk, Wyndham Vale VIC
Melbourne, VIC, 3024$ 679,900
Overview
Property ID: LA-11123
- SMSF Single Contract
- Property Type
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 184
Details
Updated on Feb 20, 2025 at 04:53 pm
Property Type: | SMSF Single Contract |
---|---|
Price: | $ 679,900 |
Land Price: | N/A |
Build Price: | N/A |
Gross Per Week: | $ 530 |
Gross Per Annum: | $ 27,560 |
Gross Yield: | 4.05% |
Capital Growth 12 Months: | 2.69% |
Capital Growth 10 Year Annualised: | 6.16% |
Vacancy Rate: | 5.28% |
Property Size: | 184 m2 |
Land Area: | 168 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | Completed |
Property ID: | 11123 |
SKU: | 1032 |
Description
This co-living property is located at Lot 5136 Arbory Walk, Wyndham Vale. Designed to offer a modern and functional living space, it features four bedrooms, three bathrooms, and a double garage, providing an ideal setup for shared living arrangements. The property is architecturally designed with a focus on contemporary aesthetics and functionality, making it a great investment opportunity. The full turnkey package ensures that the home is move-in ready, offering a hassle-free living experience.
Suburb profile:
Wyndham Vale is a rapidly growing suburb in Melbourne's west, known for its family-friendly environment, parks, and proximity to essential amenities. The suburb offers easy access to shopping centres, schools, and public transport options, including the Wyndham Vale train station, which provides a direct route to Melbourne CBD. The area is part of a significant growth corridor, making it an attractive location for property investment.
Site Inclusions - Site Works, Foundations & Connections:
- Concrete waffle slab and pump allowance
- Allowance for balanced cut/fill up to 300mm
- Termite treatment (Part A & B)
- Temporary fencing
- Roof guard rail/fall protection
- Crushed rock access drive
- Stormwater, sewer, and underground power included
- Telephone and electricity standard connection fees by owner
Preliminary Inclusions:
- 6-star energy rating report
- Plans & specifications
- Engineering drawings & building permit
Internal Inclusions:
- 2440mm ceiling height to single storey & first floor of double storey
- 2590mm ceiling height to ground floor of double storey
- Prefabricated pine wall frames and roof trusses
- Concealed plumbing
- Holland blinds to all windows & sliding doors (excluding front door sidelights)
- Robes with melamine shelf & hanging rail
- Linen cupboard with 4 melamine shelves
- Broom cupboard with melamine shelf
- Coat cupboard with melamine shelf & hanging rail (house specific)
- Feature glass insert solid door to front entry
- Flush panel internal doors
- Glass sliding external door
- Weatherstrip to front door & internal access door
External Inclusions:
- Colorbond roof
- Colorbond fascias, gutters & downpipes
- Feature windows to front of the home and aluminum sliding windows
- Locks to all openable windows
- Flyscreens to all openable windows
Landscaping Inclusions:
- As per developer requirements
Electrical Inclusions:
- Double power points throughout
- LED downlights throughout
- External parafloods (x2)
- TV points in family room, bedroom 1 & living (if applicable)
- Digital ready TV antenna
- Telephone points in kitchen & bedroom 1
- Self-closing exhaust fans above showers (x2)
- Smoke detectors (direct wired with battery backup)
Appliance Inclusions:
- 600mm multifunction electric oven (stainless steel)
- 600mm gas cooktop (stainless steel)
- 600mm undermount rangehood (stainless steel)
- Double bowl sink & drainer
- Gooseneck chrome mixer tap
- Stainless steel trough & white acrylic cabinet in laundry
- Hot & cold washing machine connections
Upgraded Inclusions:
- Stone benchtops in kitchen, bathroom, ensuite, laundry & powder room
- Panel heaters to all bedrooms
- Split cycle cooling unit to family & master bedroom
Furniture Pack Inclusions:
Living Room:
- Sofa, armchair, coffee table, side table, floor lamp, TV unit, TV, internet modem (provided by service provider), artwork pair, rug
Dining Room:
- Dining table, six dining chairs, artwork pair
Bedrooms:
- Upholstered queen bed frame, queen mattress, mattress protector, two bedside tables, two table lamps, chest of drawers, coat hanger, TV, artwork, bin
Kitchen:
- Fridge, microwave, kettle & toaster, chopping board, drying rack, mugs (2), cereal bowls (2), side plates (2), dinner plates (2), wine glasses (2), water glasses (2), salad bowl, mixing bowl set, saucepan set, cutlery set, cooking utensils, baking trays (2), can opener, bottle opener, cutting knives
Laundry:
- Washing machine, dryer, ironing board, iron, clothes airer, mop & bucket, peg set
Total Furniture Package Value: $25,000
Energy Efficiency:
- 160-litre solar hot water unit with 1 solar panel & gas booster (if no recycled water available)
- 170-litre gas hot water unit with recycled water connections (where available)
Warranties:
- Member of MBA & HIA
- Insurance with homeowner warranty
- 7-year structural guarantee
This co-living property in Wyndham Vale offers an excellent investment opportunity with a modern turnkey home designed for shared living. Featuring premium inclusions, a comprehensive furniture package, and energy-efficient upgrades, it ensures a comfortable and convenient lifestyle for tenants.
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.