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Latitude Property Australia

Lot 121 Gulmarg Way, Winter Valley VIC

  • $687,500
Winter Valley, VIC, 3358

Overview

Property ID: LA-166048
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 3+1
  • Bathrooms
  • 2
  • Parking
  • 216

Details

Updated on August 6, 2024 at 5:27 pm
  • Property Type: House and Land
  • Price: $687,500
  • Land Price: $284,000
  • Build Price: $403,500
  • Gross Per Week: $840
  • Gross Per Annum: $43,680
  • Gross Yield: 6.35%
  • SMSF Deposit: $240,625
  • Capital Growth 12 Months: -9.38%
  • Vacancy Rate: 9.40%
  • Property Size: 216 m²
  • Land Area: 400 m²
  • Bedrooms: 3
  • Bathrooms: 3+1
  • Parking: 2
  • Title Status: Titled
  • Floor Plan: Co-Living
  • Investor Type: Co-Living, Rental Guarantee
  • Property ID: LA-166048
  • SKU: 1023

Description

Co-Living Housing

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://latitudeproperty.com.au/co-living-the-future-of-australian-housing/

  • Address 121 Gulmarg Way, Winter Valley VIC 3358, Australia
  • State VIC
  • Postcode 3358
  • Suburb Winter Valley

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