Lot 112 Millbrook Road, Bonshaw VIC

Description

This 5-bedroom co-living property in Bonshaw offers modern design and high-quality inclusions, making it an ideal investment opportunity. The property features a spacious layout with separate ensuites, energy-efficient systems, and excellent rental potential.

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 of Victoria, offering a peaceful lifestyle with proximity to the amenities and services of Ballarat city. Known for its scenic landscapes and historic significance, Bonshaw is a growing suburb with increasing housing developments.

This property includes five self contained units each with a:

• Bedroom
• Bathroom
• Study Desk
• Living Room
• Kitchenette
• A/C
• Courtyard

Common areas include:

• Storage
• Bike Rack
• Kitchen
• Dining Room
• Laundry
• Social Area
• 5 Mailboxes

3.1KW Solar System

• Features 3.1kW 3ph Hybrid (battery-ready) PV Solar system, reducing power consumption from the grid and providing a sustainable environmental benefit.

Split System

• 2.65kW A/C Split System is included in each unit for optimal comfort. Split system heating and cooling is provided to each unit and the communal area for complete climate control.

Front & Rear Landscaping

• The landscaping features a stylish blend of mulch, turf, and garden beds with trees and shrubs. The property also includes side and back fencing, along with wing fences which create private outdoor areas for each unit. Each unit’s outdoor area has a 9m² concrete pad for table and chairs.

This co-living property in Bonshaw is a turnkey investment solution featuring premium inclusions, energy efficiency, and excellent rental returns. Its strategic location in a growing suburb makes it a highly attractive investment option.

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