Cobblebank VIC 3338

Property Details: • Type: Block of Units

• Bedrooms: 6 • Bathrooms: 6

Description: Brand New 6-Suite, 6-Bath, 6-Courtyard SAVVIER Residence 700m from the Future Cobblebank Hospital SAVVIER Homes Melbourne's New Category of Modern Multi-Income Living SAVVIER Homes is defining the next decade of premium, high-performance property investment in Melbourne. This is a modern housing category intelligently and architecturally designed multi-income residences created to deliver stronger rental performance, a superior tenant experience, and long-term investment resilience. Prime Medical Precinct Position This soon-to-be-built, architecturally designed 6-suite SAVVIER residence is positioned just 700 metres from the new $900 million Cobblebank Hospital, placing it within one of Melbourne's most significant emerging medical precincts. The Cobblebank Hospital will feature 274 beds and is designed to treat approximately 130,000 patients annually. The project is expected to generate over 2,400 construction jobs and close to 4,000 healthcare positions in its first operational year. As a major employment and activity hub, the hospital will drive sustained demand for high-quality private accommodation within walking distance particularly from healthcare professionals, allied health staff and long-stay medical personnel. Properties positioned within proximity to major medical infrastructure consistently demonstrate: Faster lease-up periods Premium rental outcomes Reduced vacancy exposure Stronger long-term value stability A New Category Emerging from a Proven Market Victoria's rooming house sector already represents an industry valued at approximately $2 billion, generating around $150 million in annual rental income. However, much of the existing stock is dated and misaligned with modern tenant expectations. SAVVIER Homes responds to this demand shift elevating multi-income accommodation into a premium, design-led category focused on privacy, quality, and performance. This emerging segment is conservatively valued at over $1 billion, with more than $100 million in annual rental demand already active in the market. The Seven SAVVIER Principles Every SAVVIER Home is designed around seven non-negotiable principles that underpin stronger rental and valuation outcomes: S Smart Design A Amenity V Value V Verified Quality I Intelligent Functionality E Effortless Living R Respect for Resident Comfort These principles translate into: Higher-quality tenant profiles Longer tenancy durations Reduced vacancy Premium rental resilience Enhanced resale appeal Property Overview A SAVVIER Home in Every Detail This premium residence comprises: 6 private master suites 6 private en-suites 6 private courtyards Split-system heating and cooling in every suite Built-in robes Premium fixtures and finishes Designer kitchen with quality appliances Dual-laundry configuration Privacy-zoned circulation and intelligent spatial planning Energy-efficient construction Each suite is purposefully designed to appeal to premium tenants, particularly healthcare professionals working within the new Cobblebank medical precinct. Hospital Precinct Advantage Only 700m Away The Cobblebank Hospital will deliver: Significant and ongoing healthcare employment Continuous demand for private, long-stay accommodation Increased rental competition and premium positioning Rapid lease-up potential during high-need periods Uplift across adjoining residential and commercial zones Major supporting infrastructure, including rail upgrades, road duplication and expansion of the Cobblebank Metropolitan Activity Centre, further strengthens the long-term growth outlook. Projected Rental Performance Based on current benchmarks across comparable high-demand corridors: Estimated rent: $350$380 per suite per week Midpoint assumption: $365 per week 6 suites × $365 = $2,190 per week = $113,880 per annum (EBI) Rental demand is expected to strengthen further as the hospital progresses toward completion. Long-Term Value Drivers Medical precinct employment growth Demand for private ensuite-based accommodation Limited supply of high-quality multi-income residences Ongoing infrastructure and transport investment SAVVIER design principles enhancing tenant retention and valuation performance Summary This residence represents the next evolution of Melbourne's multi-income living a SAVVIER Home designed to deliver premium rental performance, superior tenant appeal and long-term investment stability. A rare off-plan opportunity positioned within a rapidly expanding medical precinct and at the forefront of Melbourne's next high-performance investment category. Disclaimer All information provided is general in nature and for informational purposes only. It does not constitute financial, legal, tax or investment advice. While every effort has been made to ensure accuracy, no representations or warranties are made as to completeness or reliability. Prospective purchasers should conduct their own independent enquiries and seek appropriate professional advice before making any decisions.