Lot 231 Pappolino Street, Bonshaw VIC
Bonshaw, Ballarat, VIC, 3352$ 721,790
Overview
Property ID: LA-22908
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 199
Details
Updated on May 06, 2026 at 04:44 pm
| Property Type: | Dual Occupancy |
|---|---|
| Secondary Type: | N/A |
| Price: | $ 721,790 |
| Land Price: | $ 310,000 |
| Build Price: | $ 411,790 |
| Gross Per Week: | $ 820* |
| Gross Per Annum: | $ 42,640 |
| Gross Yield: | 5.91% |
| Capital Growth 12 Months: | -5.00% |
| Capital Growth 10 Year Annualised: | 5.90% |
| Vacancy Rate: | 3.16% |
| Property Size: | 199 m2 |
| Land Area: | 400 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Title Status: | 'March 2027 |
| Property ID: | 22908 |
| SKU: | 1069 |
Description
This modern Dual Occupancy in Bonshaw delivers a compelling opportunity for both investors and homeowners. Featuring 3+2 bedrooms, 2+1 bathrooms and 2 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.
Suburb profile:
Bonshaw is a fast growing suburb in Ballarat known for its modern housing estates and family friendly environment. The area offers convenient access to schools, shopping centres, and transport connections while maintaining a relaxed residential atmosphere. Continued population growth and infrastructure development are driving strong rental demand in the region. Investors are increasingly attracted to Bonshaw for its affordability, expanding amenities, and long term growth potential.
Inclusions:
- Fixed price house and land package
- Modern front facade as per selected design
- 20mm stone benchtops to kitchen, bathrooms and laundry
- Waterfall island benchtop (design dependent)
- Quality Technika appliances including cooktop, oven, rangehood and dishwasher
- Soft-close cabinetry throughout kitchen and bathrooms
- Walk-in pantry and built-in pantry cabinetry (design dependent)
- LED downlights to main living areas and porch
- Split system air conditioning to main living area
- Data and NBN-ready connection package
- Modern slimline light switches
- Timber laminate flooring to main living areas
- Carpet with quality underlay to bedrooms
- Three-coat paint system throughout
- Blinds and flyscreens to all windows
- Freestanding bath (design dependent)
- 2590mm high ceilings
- Fully landscaped front and rear yards
- Coloured concrete driveway
- Fencing, clothesline and letterbox
- Brick infills above windows and garage door
- 7-star energy rating compliant
- Developer and estate requirements included (where applicable)
Designed to perform in today's rental market, this Dual Occupancy in Bonshaw combines reliable yield with capital appreciation potential. It's a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract