Lot 106 Millbrook Road, Bonshaw VIC

Description

The property offers a co-living setup with five self-contained units designed for independent living, featuring individual amenities like bedrooms, bathrooms, living rooms, kitchenettes, and private courtyards. It also includes a common area with shared kitchen, dining, and laundry facilities. This design ensures both privacy for tenants and high rental yield for investors.

5 Year Rental Guarantee @ $1,750 Per Week! The guarantee spans five years from the start date, which is typically 14 days after the settlement date or issuance of the occupancy permit. Investors receive a gross rental yield of at least 10%* annually over this period.

What is Covered The guarantee ensures 100% rental income during the period, even if vacancies occur, offering peace of mind to investors.

Suburb Profile:

Bonshaw is located in the Ballarat Region, Victoria, known for its growing residential developments and proximity to Ballarat's amenities. It is an emerging suburb with a focus on family living, education facilities, and lifestyle opportunities. The area offers good connectivity and access to major services.

Internal Inclusions:

• Individual living units include separate bedrooms, bathrooms, living rooms with air conditioning, and kitchenettes.

External Inclusions:

• Private courtyards
• Communal living spaces
• Bike racks
• Dedicated mailboxes

Landscaping Inclusions:

• Garden maintenance is included as part of the rental.

Electrical Inclusions:

• High-speed Wi-Fi
• Individual switchboards are provided for each unit.

Furniture Pack Inclusions:

• Fully furnished as per co-living setup

This property is ideal for investors looking for high rental yield and stable income. Its innovative co-living design makes it attractive for tenants while providing secure and positive cash flow for landlords.

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