Project Wilton

Project Wilton 46 Wiltonvale Avenue Hoppers Crossing aerial construction view
Overview

Project Wilton is a purpose-built nine-bedroom co-living dwelling in Hoppers Crossing, Victoria — 30 kilometres from Melbourne's CBD with direct access to the Werribee train line and the western growth corridor.

The acquisition strategy involved purchasing an existing house on a corner block, selling the dwelling, and retaining the vacant land to build from the ground up. This approach delivered a materially below-market effective land cost, strengthening the return profile from day one.

The purpose-built dwelling delivers nine private bedrooms — each with a dedicated ensuite bathroom and outdoor patio — fitted to a premium standard and designed for immediate occupancy at completion. Target tenants are key workers, tradespeople, and young professionals servicing the industrial and retail employment hubs of Melbourne's west.

The project is currently under construction and targeting full tenancy and commercial refinance on completion — delivering a fully passive, institutionally structured income asset.

Main Features
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SMART LIVING:

Every room is fitted with a coded smart lock for secure, keyless access. Purpose-built for modern tenants from day one.

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ALL-INCLUSIVE RENT:

One weekly payment covers electricity, internet, and water. A 15.84kW three-phase solar system offsets energy costs across the billing cycle, protecting the all-inclusive model and yield.

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PRIVATE ENSUITES & PATIOS:

Each of the nine rooms includes a dedicated ensuite bathroom and private outdoor patio — well above market standard for co-living and a key driver of rental premium and low tenant turnover.

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7-STAR ENERGY RATED:

NatHERS-certified 7-star energy rating reduces tenant costs, supports the all-inclusive rent structure, and positions the asset for long-term commercial refinance.

Project Wilton 46 Wiltonvale Avenue Hoppers Crossing aerial construction view
Project Snapshot
LOCATION
Hoppers Crossing, VIC
TYPE
Residential Co-Living
COMPLETION DATE
MARKET VALUE
$2,200,000
ANNUAL RENTAL INCOME
$187,200 (9 × $400/wk × 52 weeks)
TENANCY RATE
Target 100%
SIZE
9 private bedrooms, each with ensuite and private patio — single-storey dwelling
Commercial Summary
Return on Investment (ROI)
~13.4% gross yield on cost | ~10.3% net yield on cost
Funding Structure
Private construction finance — targeting commercial refinance at stabilisation
Exit Strategy
Long-term hold with commercial refinance on completion
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Project Wilton construction frame
Project Wilton structure view
Project Wilton build progress
Project Wilton construction exterior
Project Wilton site view
Project Wilton site overview
Project Wilton roofline
Project Wilton build stage
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Project Wilton street view
Project Wilton internal progress
Project Wilton construction site
Project Wilton dwelling progress
Project Wilton exterior
Project Wilton construction site
Project Wilton build stage
Project Wilton roof framing
Project Wilton aerial view
Project Wilton completed structure
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Project Wilton interior construction progress
Development Details

PROJECT TEAM

Builder, Registered Building Surveyor, Structural Engineer, Private Construction Lender

TIMELINE

Under construction — completion 2026 (est.)

SUSTAINABILITY FEATURES

15.84kW three-phase solar system, 9× split-system air conditioning, 3× 300L heat pump hot water systems, 7-star NatHERS energy rating.

LOCATION HIGHLIGHTS
  • 30km from Melbourne CBD with direct Werribee train line access
  • Situated within one of Victoria's fastest-growing residential and industrial corridors
  • Strong structural demand from key workers, tradespeople and young professionals in Melbourne's west
  • Undersupply of quality co-living product in the corridor creates persistent occupancy demand
  • Dominion Build's first Victorian asset — establishing a Melbourne presence with further projects planned
Project Wilton aerial Hoppers Crossing
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