Featured Co-Living Rental Guarantee

Paradise Circuit, Clyde North VIC (5 beds)

Melbourne, VIC, 3978

$ 889,000

Featured Co-Living Rental Guarantee
Melbourne, VIC, 3978
Paradise Circuit, Clyde North VIC (5 beds)-0
Paradise Circuit, Clyde North VIC (5 beds)-1

Property Images

Paradise Circuit, Clyde North VIC (5 beds)-0 Paradise Circuit, Clyde North VIC (5 beds)-1

Overview

Property ID: LA-11536

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

Details

Updated on Mar 07, 2025 at 05:47 pm

Property Type: Co-Living
Price: $ 889,000
Land Price: $ 463,000
Build Price: $ 426,000
Gross Per Week: $ 1,400
Gross Per Annum: $ 72,800
Gross Yield: 8.19%
Capital Growth 12 Months: 0.70%
Capital Growth 10 Year Annualised: 5.05%
Vacancy Rate: 2.45%
Property Size: 205 m2
Land Area: 413 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Title Status: Titled
Property ID: 11536
SKU: 1036

Description

This is a co-living property located in Clyde North, featuring a five-bedroom, five-bathroom, two-car space design. The house design is the Lincoln 23 CL (Co-Living) within the Orana Estate. This turnkey package offers a modern living solution with high-quality inclusions, making it an ideal investment option.

Suburb Profile:

Clyde North is a rapidly growing suburb in Melbourne’s southeast, known for its family-friendly environment, excellent amenities, and accessibility to schools, shopping centers, and public transport. The area has seen significant development in recent years, making it an attractive location for homeowners and investors alike.


Site Inclusions:

  • Soil Test & Survey
  • Engineer Site Assessment & Survey
  • Building Permit
  • Energy Rating Report (minimum 7-star)
  • Bushfire (BAL) Compliance (where applicable)
  • Stormwater, Sewer, Water & Single-Phase Underground Power (to existing infrastructure)
  • Recycled Water (where applicable)
  • NBN run-in to the front of the home (where available)
  • Telephone, Electricity & Gas by Builder (Connection Fees by Owner)
  • Engineer Designed Slab – Up to P Classification (no piers or suspended slab allowed)
  • Site fall over the building area no greater than 500mm
  • Rock excavation & removal allowance included (excluding explosives & core drilling)
  • Termite Treatment
  • Temporary Fencing
  • Site Signage & Waste Management to meet Council Requirements

Internal Inclusions:

  • 2590mm high (nominal) ceiling heights on the ground floor
  • 2440mm high (nominal) ceiling heights for the first floor (if applicable)
  • Water-based acrylic paint to all walls & ceilings
  • Gloss enamel water-based paint to internal doors, architraves, skirting boards, and door jambs
  • 10mm plaster board to walls & ceilings
  • Water-resistant plaster board in all wet areas
  • 75mm cove cornice throughout
  • 67mm bevelled skirting & architraves
  • Flush panel 2040mm high internal doors with chrome door furniture
  • Programmable Entry Lockset with PIN Code keypad to all bedroom doors
  • Privacy lock to bathroom, ensuite, and powder rooms
  • Carpet to bedrooms & lounge (where applicable)
  • Laminate timber-look flooring to family living areas & kitchen

External Inclusions:

  • Face brickwork to the extent shown on final drawings
  • Rolled joints with natural color mortar
  • Acrylic rendered features to the front facade (design-specific)
  • Rendered lightweight cladding or painted cement sheet cladding as per final drawings
  • Painted infill above garage door (design-specific)
  • Concrete roof tiles
  • Colorbond fascia, guttering, and downpipes
  • Feature aluminum windows to the front facade (design-specific)
  • Aluminum windows & external doors for the remainder
  • Keyed locks for all openable windows and doors
  • Aluminum-framed flyscreens to all openable windows
  • Feature front entry door (design-specific)
  • Programmable Entry Lockset with PIN Code keypad to front entry door

Landscaping Inclusions:

  • Coloured concrete driveway & path to front porch (design-specific)
  • Turf to front & rear garden
  • Lilydale / Tuscan Toppings (as determined by Builder)
  • Drought-resistant planting to front & rear garden beds, including mulch (extent determined by Builder)
  • Letterbox
  • Ground mount folding clothesline
  • Landscaping design as determined by Builder

Electrical Inclusions:

  • White LED downlights throughout the house (design-specific)
  • White LED downlights in the entry & covered outdoor area (design-specific)
  • Fluorescent strip light in the garage
  • Floodlight with sensor outside external doors (design-specific)
  • Double power points throughout the house (design-specific)
  • Single power points for the fridge and dishwasher space
  • TV point in the living area
  • Telephone/data points in the kitchen & bedrooms
  • Ducted exhaust fans with timer in bathroom, ensuite, laundry, and powder rooms (design-specific)
  • White wall-mounted switches & GPOs
  • White smoke detectors, hardwired with battery backup
  • RCD safety switch

5 beds - Optional $32,990 Furniture package includes

  • Queen Beds with Mattresses
  • Drawers, Side Tables & Lamps
  • Sofa, TV Unit, Coffee Table, Armchair
  • TV & Internet Modem
  • Dining Table & Chairs
  • Kitchen & Laundry Appliances
  • Full Cookware & Cutlery Set

Appliance Inclusions:

  • 900mm electric oven (stainless steel)
  • 900mm electric cooktop
  • 900mm rangehood (stainless steel)
  • Freestanding under-bench dishwasher (stainless steel)
  • 1 & ¾ bowl stainless steel sink
  • Sink mixer tap

Upgraded Inclusions:

  • Multi-head split system air conditioning for bedrooms & living area (upgrade cost of $14,100)

Energy Efficiency:

  • Energy Rating Report (minimum 7-star)
  • Insulation to all external walls & ceilings, as defined in the home-specific energy rating report
  • PV System to meet energy rating requirements

Warranties:

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


This co-living investment property in Clyde North offers a turnkey solution with high-quality inclusions, making it an attractive opportunity for investors. The home is designed for modern shared living, featuring energy-efficient components, premium finishes, and a practical layout in a high-growth area.

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

view?usp=drive_link

Furniture Package

view?usp=drive_link

Rental Guarantee

Paradise Circuit, Clyde North_1741313685mBNC8.pdf

Rental Appraisal

Address Paradise Circuit, Clyde North VIC (5 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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