Paradise Circuit, Clyde North VIC (4 beds)

Melbourne, VIC, 3978

$ 846,500

Melbourne, VIC, 3978
Paradise Circuit, Clyde North VIC (4 beds)-0
Paradise Circuit, Clyde North VIC (4 beds)-1

Property Images

Paradise Circuit, Clyde North VIC (4 beds)-0 Paradise Circuit, Clyde North VIC (4 beds)-1

Overview

Property ID: LA-10880

  • Co-Living
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 2
  • Cars
  • 205

Details

Updated on Feb 13, 2025 at 01:11 pm

Property Type: Co-Living
Price: $ 846,500
Land Price: $ 424,500
Build Price: $ 422,000
Gross Per Week: $ 1,000
Gross Per Annum: $ 52,000
Gross Yield: 6.14%
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: 4
Bathrooms: 4
Parking: 2
Title Status: Titled
Property ID: 10880
SKU: 1036

Description

This is a co-living property located in Clyde North, VIC, designed for shared living arrangements. The property is a turnkey investment offering modern amenities, high-quality finishes, and an energy-efficient design. With four bedrooms, four bathrooms, and a double garage, this home provides both comfort and practicality for investors and tenants alike.

Suburb profile:

Clyde North is a rapidly growing suburb in Melbourne's southeast, known for its family-friendly environment, modern residential developments, and excellent infrastructure. The area offers a mix of parks, shopping centers, schools, and transport links, making it a desirable location for both homeowners and investors.


Site Inclusions - Site Works, Foundations & Connections:

  • Engineer Site Assessment & Survey
  • Building Permit
  • Energy Rating Report (minimum 7-star)
  • Bushfire (BAL) Compliance (if applicable)
  • Services include stormwater, sewer, water, single-phase underground power, recycled water (if available), and NBN run-in to the front of the home
  • Connections for telephone, electricity, and gas are included, but connection fees are payable by the owner

Preliminary Inclusions:

  • Engineer-designed slab suitable for up to P classification
  • Site fall allowance up to 500mm
  • Rock excavation and removal allowance
  • Termite treatment
  • Temporary fencing
  • Site signage

Internal Inclusions:

  • 2590mm high ceilings to the ground floor, 2440mm to the first floor (if applicable)
  • Engineered stone benchtops in kitchen and bathrooms
  • Laminate cabinetry
  • Carpet in bedrooms and lounge
  • Laminate timber-look flooring in living areas
  • Ceramic tiles in wet areas
  • Privacy locks on bathroom doors
  • Built-in wardrobes with mirror sliding doors
  • Storage linen with shelving

External Inclusions:

  • Face brickwork with acrylic rendered features to the front facade
  • Rendered lightweight cladding
  • Colorbond fascia, guttering, and downpipes
  • Aluminum windows with flyscreens
  • Feature front entry door with PIN code keypad
  • Sectional Colorbond garage door with two remote controls
  • Plaster-lined garage ceiling
  • Concrete slab garage floor

Landscaping Inclusions:

  • Coloured concrete driveway and path to the front porch
  • Turf in front and rear gardens
  • Drought-resistant planting with mulch
  • Letterbox
  • Folding clothesline
  • Fencing as required per estate guidelines

Electrical Inclusions:

  • White LED downlights throughout
  • Fluorescent strip light in garage
  • Sensor floodlight at external doors
  • Double power points throughout
  • TV point in the living area (antenna not included)
  • Telephone/data points in kitchen and bedrooms
  • Hardwired smoke detectors with battery backup
  • RCD safety switch
  • Block-out roller blinds

Appliance Inclusions:

  • 900mm stainless steel electric oven
  • 900mm electric cooktop
  • 900mm stainless steel rangehood
  • Freestanding under-bench dishwasher
  • Stainless steel sink with mixer tap
  • Microwave provision

Upgraded Inclusions:

  • Multi-head split system air conditioning to bedrooms and living area available for an additional $14,100

Energy Efficiency:

  • 7-star energy rating
  • PV solar system
  • Heat pump hot water system (gas-boosted or electric where gas is unavailable)
  • Insulation to external walls and ceilings

Warranties:

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


This co-living property in Clyde North offers a modern, energy-efficient, and fully turnkey investment opportunity. With quality finishes, spacious interiors, and essential amenities, it is designed to meet both investor expectations and tenant needs.

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.

Address Paradise Circuit, Clyde North VIC (4 beds)
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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