High-Yield Co-Living Opportunity – Up to 6.89% Gross Yield COBBLEBANK VIC

Description

A purpose-designed five-bedroom, five-bathroom co-living property in Cobblebank, offering projected rent of $1,000–$1,100 per week and an indicative gross yield of 6.27%–6.89%. The home provides approximately 185m² of total floor area on a 331m² registered allotment, with each bedroom paired with its own bathroom to create greater privacy and functionality for separate occupants.

Property Highlights
- Estimated gross yield: 6.27%–6.89%
- Estimated rent: $1,000–$1,100 per week
- 5 bedrooms
- 5 bathrooms
- Double garage
- Approximately 185m² total floor area
- Approximately 331m² land
- Registered land
- Fixed-price full-turnkey package
- 2-part contract
- Approximately 15.28m frontage

Each occupant has their own bathroom, improving privacy and helping the property operate more effectively than a conventional share house. With estimated rent of up to $1,100 per week and an indicative gross yield of up to 6.89%, this property is designed around stronger cash flow while still offering a new full-turnkey home on registered land.

Inclusions:
- Split system air-con units to all bedrooms
- 2,700mm high ceilings throughout
- 20mm stone edging to stove and kitchen island benchtop
- Electric 600mm kitchen appliances & 600mm dishwasher
- Study bench to all bedrooms (as per plan)
- Timber laminate flooring to entry, living and kitchen areas
- Tiles to wet areas; carpets to bedrooms
- Flyscreens on all openable windows
- Coloured concrete to driveway and path
- Landscaping, fencing, clothesline and letterbox
- LED lights throughout the house
- Sectional panel lift garage door with 2 remote controls
- Fixed site costs up to P-class* (excluding rock removal & retaining walls)

Why Cobblebank?
Cobblebank is a growing western Melbourne suburb with access to Cobblebank Train Station, Melton Train Station, schools, retail and recreation. The area is also supported by the Cobblebank Metropolitan Activity Centre, Coles and specialty stores, early learning centres, local sporting facilities, wetlands and conservation areas. The planned Melton Hospital adds another major piece of future infrastructure to the area.




Disclaimer:
All images, renders, and plans are for illustrative purposes only and may not represent the final product. Prices, availability, and specifications are subject to change without notice. Any information provided is of a general nature and should not be considered financial or legal advice. The listing agent or agency does not accept responsibility for any inaccuracies, errors, or omissions in this advertisement. Interested parties are encouraged to conduct their own research and seek independent advice before making any purchasing decisions. Final inclusions, dimensions, and finishes may vary.