Featured Co-Living Rental Guarantee

Paradise Circuit, Clyde North VIC

Melbourne, VIC, 3978

$ 852,500

Featured Co-Living Rental Guarantee
Melbourne, VIC, 3978
Paradise Circuit, Clyde North VIC-0
Paradise Circuit, Clyde North VIC-1

Property Images

Paradise Circuit, Clyde North VIC-0 Paradise Circuit, Clyde North VIC-1

Overview

Property ID: LA-9835

  • Co-Living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 205

Details

Updated on Jan 16, 2025 at 03:13 pm

Property Type: Co-Living
Price: $ 852,500
Land Price: $ 424,500
Build Price: $ 428,000
Gross Per Week: $ 1,250
Gross Per Annum: $ 65,000
Gross Yield: 7.62%
Capital Growth 12 Months: 0.70%
Capital Growth 10 Year Annualised: 5.05%
Vacancy Rate: 2.45%
Property Size: 205 m2
Land Area: 371 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Title Status: Titled
Property ID: 9835
SKU: 1036

Description

This 5-bedroom co-living property in Orana Estate, Clyde North, offers a modern, turnkey solution with energy-efficient design and premium inclusions. It provides a flexible living arrangement, ideal for investors seeking high-quality properties in a growing community.

Suburb profile:

Clyde North is a fast-growing suburb in Greater Melbourne known for its family-friendly atmosphere, excellent schools, and access to major shopping centers. It offers a balance of suburban tranquility and urban convenience, making it an attractive location for families and investors alike.


Site Inclusions - Site Works, Foundations & Connections:

  • Engineer-designed slab up to P Classification
  • Site fall over building area no greater than 500mm
  • Rock excavation and removal allowance
  • Termite treatment
  • Temporary fencing
  • Site signage and waste management to meet council requirements

Preliminary Inclusions:

  • Soil test and survey
  • Building permit
  • Energy rating report (minimum 7-star)
  • Bushfire compliance (where applicable)

Internal Inclusions:

  • 2590mm ceiling heights to the ground floor
  • Carpet to bedrooms and lounge
  • Laminate timber-look flooring to family living areas and kitchen
  • 20mm engineered stone benchtops with square edges in the kitchen, bathrooms, and laundry
  • Semi-framed shower screens
  • Built-in robes with mirror sliding doors

External Inclusions:

  • Brickwork with acrylic rendered features to the front façade
  • Concrete roof tiles
  • Colorbond fascia, guttering, and downpipes
  • Aluminium windows with flyscreens

Landscaping Inclusions:

  • Turf to front and rear gardens
  • Drought-resistant planting with mulch
  • Coloured concrete driveway and path to the front porch
  • Letterbox
  • Ground mount folding clothesline

Electrical Inclusions:

  • White LED downlights throughout
  • Block-out roller blinds for all windows and external doors
  • Split system air conditioning located in the main living area
  • Hardwired smoke detectors with battery backup

Appliance Inclusions:

  • 900mm stainless steel electric oven, cooktop, and rangehood
  • Freestanding stainless steel dishwasher

Upgraded Inclusions:

  • Add $14,100 for multi-head split system to beds and living

Energy Efficiency:

  • Minimum 7-star energy rating

Warranties:

  • 10-year structural warranty
  • 3-month maintenance warranty


This 5-bedroom co-living property in Clyde North's Orana Estate offers modern design, energy efficiency, and a turnkey package. Its premium inclusions and prime location make it an excellent choice for investors or families.

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.

Documents

Rental Appraisal_1736917604MuOB7.pdf

Address Paradise Circuit, Clyde North VIC
City Melbourne
State VIC
Postcode 3978
Suburb N/A

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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.

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