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Overview
Property ID: LA-11647
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Mar 07, 2025 at 01:50 pm
Property Type: | Co-Living |
---|---|
Price: | $ 831,000 |
Land Price: | $ 402,000 |
Build Price: | $ 429,000 |
Gross Per Week: | $ TBA |
Gross Per Annum: | $ TBA |
Gross Yield: | TBA% |
Capital Growth 12 Months: | -0.15% |
Capital Growth 10 Year Annualised: | 5.86% |
Vacancy Rate: | 3.04% |
Property Size: | 205 m2 |
Land Area: | 350 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | April 2025 |
Property ID: | 11647 |
SKU: | 1036 |
Description
This co-living property is located in Grandview Estate, Truganina, VIC. Designed for shared living, it features five bedrooms, five bathrooms, and a two-car garage. With a total house area of 205.42m² on a 350m² lot, this turnkey home offers a modern design with premium inclusions.
Suburb Profile:
Truganina is a rapidly growing suburb in Melbourne's western corridor, offering a mix of residential and commercial developments. The area is known for its proximity to essential amenities, including schools, shopping centers, and transport links. With strong infrastructure development and increasing demand for housing, Truganina is a prime location for investors and homebuyers alike.
Site Inclusions:
- Engineer Site Assessment & Survey
- Building Permit
- Energy Rating Report (minimum 7-star)
- Bushfire (BAL) Compliance (where applicable)
- Services: Stormwater, sewer, water & single-phase underground power
- Recycled water (where applicable)
- NBN run-in to the front of the home (where available)
- Termite Treatment
- Temporary fencing, site signage & waste management
Internal Inclusions:
- 2590mm high (nominal) ceiling heights ground floor
- Carpet to bedrooms & lounge (design specific)
- Laminate timber-look flooring to family living areas & kitchen
- Ceramic wall tiles to bathroom, ensuite, and kitchen/laundry splashback
- Water-based acrylic paint to walls & ceilings
- Gloss enamel water-based paint to doors, architraves, and skirting
External Inclusions:
- Face brickwork with natural color mortar
- Acrylic rendered features to front facade
- Rendered lightweight cladding to specific areas
- Concrete roof tiles
- Colorbond fascia, guttering & downpipes
- Feature aluminum windows to the front facade
- Aluminium framed flyscreens to all openable windows
Landscaping Inclusions:
- Coloured concrete driveway & path to the front porch
- Turf to front & rear gardens
- Drought-resistant planting with mulch
- Letterbox
- Ground mount folding clothesline
- Landscaping design by builder
Electrical Inclusions:
- White LED downlights throughout
- White LED downlights in entry & covered outdoor areas
- Double power points throughout
- Single power points to fridge & dishwasher space
- 1 TV point in the living area
- Telephone/data points in the kitchen & bedrooms
- Hardwired smoke detectors with battery backup
- RCD Safety Switch
Appliance Inclusions:
- 900mm stainless steel electric oven
- 900mm electric cooktop
- 900mm stainless steel rangehood
- Freestanding underbench dishwasher
- 1 & ¾ bowl stainless steel sink
Upgraded Inclusions:
- Add $14,100 for upgrade to multi-head split system to bedrooms & living
Energy Efficiency:
- PV System to meet energy rating requirements
- Heat Pump with Natural Gas Booster OR Electric Heat Pump
Warranties:
- 3-month maintenance
- 10-year structural warranty
This co-living property in Grandview Estate, Truganina, offers an excellent investment opportunity with premium turnkey inclusions. Designed for shared living, it features high-quality finishes, energy-efficient solutions, and modern amenities, making it an ideal choice for investors or occupants seeking a well-equipped home in a thriving suburb.
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.
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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.