Overview
Property ID: LA-19594
- Co-Living
- Property Type
- 4
- Bedrooms
- 4
- Bathrooms
- 2
- Cars
- 206
Details
Updated on Nov 05, 2025 at 12:47 pm
| Property Type: | Co-Living |
|---|---|
| Price: | $ 817,000 |
| Land Price: | $ 376,000 |
| Build Price: | $ 441,000 |
| Gross Per Week: | $ 1100* |
| Gross Per Annum: | $ 57,200 |
| Gross Yield: | 7.00% |
| Capital Growth 12 Months: | 2.69% |
| Capital Growth 10 Year Annualised: | 6.16% |
| Vacancy Rate: | 5.28% |
| Property Size: | 206 m2 |
| Land Area: | 400 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 4 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 19594 |
| SKU: | 1036 |
Description
This Co-living in Manor Lakes presents a rare opportunity to secure a modern, high-growth investment. Featuring 4 bedrooms, 4 bathrooms and 2 car spaces, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia’s fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.
Suburb profile:
Manor Lakes is a family friendly pocket in Melbourne’s west with an easy commute via nearby train services and major arterials. Residents enjoy lakeside walks, playgrounds and sporting fields alongside the vibrant Manor Lakes shopping precinct. Schools and childcare are well represented, supporting steady rental demand. For investors, continued estate development and improving amenities make Manor Lakes a compelling growth location.
Inclusions:
_x000D_- _x000D_
- 7-star energy-rated specification (as per home-specific assessment) _x000D_
- Full turnkey delivery with internal finishes, floor coverings and window furnishings _x000D_
- Ceiling height approx. 2590mm _x000D_
- Programmable PIN entry lock to front door and bedroom doors (design specific for bedrooms) _x000D_
- Mirror sliding robes to bedrooms with shelf and hanging rail (design specific) _x000D_
Site Inclusions - Site Works, Foundations & Connections:
_x000D_- _x000D_
- Engineer-designed slab suitable up to Class P (no piers or suspended slab) _x000D_
- Allowance for site fall up to 500mm over building area _x000D_
- Rock excavation and removal allowance (excludes explosives and core drilling) _x000D_
- Termite treatment _x000D_
- Temporary fencing, site signage and compliant waste management _x000D_
- Connections for stormwater, sewer, water and single-phase underground power to existing infrastructure _x000D_
- Recycled water connection where applicable _x000D_
- NBN run-in to front of home where available (builder to run services; owner pays connection fees) _x000D_
Preliminary Inclusions:
_x000D_- _x000D_
- Site assessment and survey _x000D_
- Energy rating report (minimum 7 star) _x000D_
- Bushfire (BAL) compliance where applicable _x000D_
- Building permit _x000D_
Internal Inclusions:
_x000D_- _x000D_
- 10mm plasterboard to walls and ceilings; water-resistant boards to wet areas in line with waterproofing standards _x000D_
- 75mm cove cornice throughout _x000D_
- 67×12mm bevelled skirting and architraves; 138×18mm to garage doors _x000D_
- Flush panel 2040mm high internal doors with chrome door furniture (bedrooms with programmable PIN locks – design specific) _x000D_
- Paint: acrylic to walls/ceilings; gloss enamel water-based to internal timber/doors _x000D_
- Flooring: carpet to bedrooms (design specific); laminate timber-look to living/kitchen installed after skirting with quad finish (design specific) _x000D_
- Robes to bedrooms (mirror sliders/hinged as design specific) _x000D_
- Linen/storage cabinetry with melamine shelves (design specific) _x000D_
External Inclusions:
_x000D_- _x000D_
- Engineer-designed wall frames and roof trusses _x000D_
- Face brickwork with rolled joints and natural mortar to design extents _x000D_
- Acrylic rendered feature to facade and lightweight/painted cladding to design extents _x000D_
- Concrete roof tiles _x000D_
- Colorbond fascia, gutters and downpipes _x000D_
- Aluminium windows and external doors with flyscreens to openable windows; keyed locks to all openable windows/doors _x000D_
- Feature front entry door (design specific) _x000D_
- Garage: sectional Colorbond door with 2 remotes, plaster lined (design specific), concrete slab floor, external access door and internal access door (design specific) _x000D_
Landscaping Inclusions:
_x000D_- _x000D_
- Coloured concrete driveway _x000D_
- Irrigated turf to front and rear gardens where applicable _x000D_
- Lilydale/Tuscan toppings as determined by builder _x000D_
- Drought-resistant planting with mulch where applicable _x000D_
- Letterbox _x000D_
- Ground-mounted folding clothesline (design specific) _x000D_
- Landscaping design and final extents as per final drawings (where applicable) _x000D_
- Boundary fencing in accordance with estate requirements if required _x000D_
Electrical Inclusions:
_x000D_- _x000D_
- White LED downlights throughout and to front entry; additional to covered outdoor area where applicable _x000D_
- Fluorescent strip light to garage _x000D_
- Floodlight with sensor to external doors (excluding front entry) _x000D_
- Double power points throughout; dedicated single points to fridge, dishwasher and microwave space _x000D_
- External waterproof power point(s) _x000D_
- Data/phone points to kitchen, living and bedrooms (quantity as design specific) _x000D_
- TV point(s) to living (and master bedroom in some designs); antenna by owner after handover _x000D_
- Ducted exhaust fans with timer to bathrooms/ensuites/laundry/powder, interlocked with room light to meet NCC 2022 where design specific _x000D_
- White wall switches and GPOs, hardwired smoke detectors with battery backup, RCD safety switch _x000D_
Appliance Inclusions:
_x000D_- _x000D_
- 900mm electric stainless-steel oven _x000D_
- 900mm electric ceramic cooktop _x000D_
- 900mm stainless-steel or concealed stainless-steel rangehood (design specific) _x000D_
- 600mm freestanding stainless-steel dishwasher _x000D_
- Microwave provision (design specific) _x000D_
- 1 & 1/3 bowl stainless-steel sink with mixer tap _x000D_
Upgraded Inclusions:
_x000D_- _x000D_
- 20mm engineered stone benchtops with square edge to kitchen and vanities _x000D_
- Semi-framed shower screens; tiled shower bases _x000D_
- Polished edge mirrors; single towel rails and toilet roll holders _x000D_
- Close-coupled toilet suites _x000D_
- Ambulant-compliant ensuite fit-out to minimum one bathroom in 1B designs (step-free shower, curtain/rail, seat, AS1428.1 sanitaryware and tapware, wall-hung basin with bottle trap) — design specific _x000D_
Furniture Pack Inclusions:
_x000D_- _x000D_
- Not included by default. If a furniture package is explicitly included with the property, list the supplied items here; otherwise treat as optional at additional cost. _x000D_
Energy Efficiency:
_x000D_- _x000D_
- PV solar system sized to meet energy rating requirements _x000D_
- Insulation to external walls and ceilings per the home-specific energy rating report _x000D_
- 280L all-in-one electric heat pump hot water system _x000D_
- Window coverings: block-out roller blinds with chain winders to windows and external doors (excludes obscure glazed windows/sidelights where applicable) _x000D_
Warranties:
_x000D_- _x000D_
- 3-month maintenance period _x000D_
- 10-year structural warranty _x000D_
With its blend of lifestyle appeal and investment strength, this Co-living in Manor Lakes is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.
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.
_x000D_ _x000D_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.
_x000D_ _x000D_A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.
_x000D_ _x000D_Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.
_x000D_ _x000D_A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.
_x000D_ _x000D_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.
_x000D_ _x000D_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.
_x000D_ _x000D_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.