Lot S54 Lumin Boulevard, Kalkallo VIC

Kalkallo, Melbourne, VIC, 3064

$ 1,054,990

Kalkallo, Melbourne, VIC, 3064
Lot S54 Lumin Boulevard, Kalkallo VIC-0
Lot S54 Lumin Boulevard, Kalkallo VIC-1

Property Images

Lot S54 Lumin Boulevard, Kalkallo VIC-0 Lot S54 Lumin Boulevard, Kalkallo VIC-1

Overview

Property ID: LA-18009

  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 213

Details

Updated on Sep 16, 2025 at 11:36 am

Property Type: Dual Occupancy
Price: $ 1,054,990
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 860
Gross Per Annum: $ 44,720
Gross Yield: 4.23%
Capital Growth 12 Months: 0.85%
Capital Growth 10 Year Annualised: 6.02%
Vacancy Rate: 2.30%
Property Size: 213 m2
Land Area: 400 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 1+1
Title Status: Titled
Property ID: 18009
SKU: 1026

Description

This stunning dual occupancy property in Kalkallo, VIC presents an outstanding investment opportunity. Featuring two well-designed dwellings under one roof, the home offers 3+2 bedrooms, 2+1 bathrooms, 1+1 living areas and 2 car spaces. With a modern layout, quality finishes, and strong rental demand, this property is ideal for investors seeking both capital growth and reliable income.

Suburb profile:

Kalkallo is a thriving suburb in Melbourne’s northern growth corridor. Known for its family-friendly environment, the area combines modern housing estates with easy access to schools, shopping precincts, and transport links. Kalkallo benefits from ongoing infrastructure projects, strong population growth, and proximity to Melbourne’s CBD. For investors, it represents a high-demand rental market with excellent long-term capital growth potential.


Inclusions:

  • Stainless steel kitchen appliances including dishwasher
  • Elevated 2.55m ceiling heights throughout
  • Laminate wood flooring to living areas and quality carpet to bedrooms
  • Heating and cooling as per plans
  • LED downlights to living areas and bedrooms
  • Ceiling fans in living area and all bedrooms
  • Driveway, fencing, garden taps, and turf to front and rear
  • Clothesline, letterbox, antenna, and blinds
  • Site works, council charges, and standard construction costs included

Site Inclusions - Site Works, Foundations & Connections:

  • Sewerage, stormwater, electricity, and gas connections
  • Telephone points wired with provision for connection
  • Residential slab construction to AS 2870 standards
  • Engineer designed slab for Class H soil
  • Termite protection to AS 3660.1-2000

Preliminary Inclusions:

  • Working drawings, engineering, energy report, soil report
  • Site survey, developer’s approval, and building permit

Internal Inclusions:

  • Stone benchtops to kitchen and vanities
  • Ceramic vanity tops and semi-framed shower screens
  • Carpet to bedrooms and timber laminate flooring to living
  • Reverse cycle split system air conditioning to main living and bedrooms

External Inclusions:

  • Concrete roof tiles with Colorbond fascia, gutters, and downpipes
  • Selection of face bricks with natural mortar
  • Upper storey cladding (if applicable) rendered polystyrene
  • Panel lift garage door with remotes

Landscaping Inclusions:

  • Coloured driveway (up to 40m2)
  • Front and rear turfing
  • Clothesline and garden taps

Electrical Inclusions:

  • LED downlights (up to 25)
  • Two telephone points and two TV points
  • External flood lights and hard-wired smoke detectors

Appliance Inclusions:

  • 600mm stainless steel oven, cooktop, rangehood, and dishwasher

Upgraded Inclusions:

  • Up to 25 LED downlights included
  • 600 x 600mm porcelain tiles to wet areas
  • Timber look garage door
  • Split system to main living area

Energy Efficiency:

  • Chromagen solar hot water system
  • R3.5 batts to ceiling, R2.0 insulation to walls
  • 6 Star energy rating (standard design)

Warranties:

  • 10 year structural guarantee

This dual occupancy property offers a rare chance to maximise rental income while benefiting from Melbourne’s booming northern growth corridor. With a strong rental appraisal and premium inclusions, it is an excellent opportunity for savvy investors.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.

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 S54 Lumin Boulevard, Kalkallo VIC
City Melbourne
State VIC
Postcode 3064
Suburb Kalkallo

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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.

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