Lot 204 Rivergum Drive, Bonshaw VIC

Description

This Co-living in Bonshaw offers a well-balanced combination of modern living and investment potential. Featuring 5 bedrooms and 5 bathrooms it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.

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 a fast growing suburb located in Ballarat's southern corridor, offering modern residential estates and strong appeal for families and investors. The area benefits from proximity to Ballarat CBD, schools, shopping centres, and expanding community infrastructure. Ongoing residential development continues to support population growth and rental demand. Investors are drawn to Bonshaw for its affordability, growth potential, and access to the wider Ballarat region.

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

Rent Includes:

• Wi-fi
• Electricity
• Water
• Common Area Cleaning
• Gardening
• Maintenance

Furniture Pack:

• Each unit is equipped with a 55" flat-screen Smart TV, data points, a digital door lock for security, a bar fridge & freezer, and a kitchenette with a 3-in-1 convection oven (oven, microwave & air fryer).
• Furnishings include a double bed, lamp, desk, chair, TV unit, two-seater couch, and coffee table.
• The common area features a dining table and fridge.

3.1kW Solar System:

• Features a 3.1kW 3-phase Hybrid (battery-ready) PV solar system, reducing power consumption from the grid while 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.

Security Features:

• Digital door locks to each unit.

Front & Rear Landscaping:

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

This property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.

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: Co-Living: The Future of Australian Housing.