Lot 37 - EXCLUSIVE Co-Living W/ 10.3% Rental Guarantee for 3 Years - Bonshaw

Bonshaw, Ballarat, VIC, 3352

$ 867,500

Bonshaw, Ballarat, VIC, 3352
Lot 37 - EXCLUSIVE Co-Living W/ 10.3% Rental Guarantee for 3 Years - Bonshaw-0
Lot 37 - EXCLUSIVE Co-Living W/ 10.3% Rental Guarantee for 3 Years - Bonshaw-1
Lot 37 - EXCLUSIVE Co-Living W/ 10.3% Rental Guarantee for 3 Years - Bonshaw-2
Lot 37 - EXCLUSIVE Co-Living W/ 10.3% Rental Guarantee for 3 Years - Bonshaw-3

Property Images

Lot 37 - EXCLUSIVE Co-Living W/ 10.3% Rental Guarantee for 3 Years - Bonshaw-0 Lot 37 - EXCLUSIVE Co-Living W/ 10.3% Rental Guarantee for 3 Years - Bonshaw-1 Lot 37 - EXCLUSIVE Co-Living W/ 10.3% Rental Guarantee for 3 Years - Bonshaw-2 Lot 37 - EXCLUSIVE Co-Living W/ 10.3% Rental Guarantee for 3 Years - Bonshaw-3

Overview

Property ID: LA-8160

  • House and Land
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 269

Details

Updated on Nov 09, 2024 at 01:00 pm

Property Type: House and Land
Price: $ 867,500
Land Price: $ 235,000
Build Price: $ 632,500
Gross Per Week: $ 1,800
Gross Per Annum: $ 93,600
Gross Yield: 10.79%
Capital Growth 12 Months: -2.33%
Capital Growth 10 Year Annualised: 6.05%
Vacancy Rate: 3.02%
Property Size: 269 m2
Land Area: 535 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Title Status: Registered
Property ID: 8160
SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

EXCLUSIVE!!

Why This Property Stands Out:

  • Over $800 per Week in NET Positive Cash Flow: Delivers consistent, strong returns, covering mortgage, council rates, property management, and more.
  • Guaranteed Rental Income: With a 3-year rental guarantee and projected annual rental income of over $90,000, this property is designed for financial peace of mind.
  • High Capital Growth Potential: Located in a high-demand area, this property is primed for appreciation, combining rental yields with capital gains.

The property is fully furnished and thoughtfully designed, featuring five self-contained units with amenities like high-speed internet, routine maintenance, and cleaning services – perfect for attracting long-term professional, student, and corporate tenants.

Bonshaw, located in Victoria, is a suburb situated about 8 km southwest of Ballarat’s city center. Known for its ongoing development and family-oriented environment, Bonshaw has been evolving rapidly as new residential estates are being built to cater to Ballarat’s growing population. It offers a peaceful lifestyle with the convenience of proximity to Ballarat’s bustling urban center.

Local amenities in Bonshaw include several parks, green spaces, and recreational facilities. The nearby Delacombe Town Centre (DTC) is a major highlight, offering a variety of essential services, retail outlets, dining options, and entertainment choices such as a cinema complex. Residents enjoy easy access to parks and playgrounds within the suburb and surrounding areas, fostering an active community atmosphere.

Shopping in Bonshaw revolves primarily around the Delacombe Town Centre, where you can find supermarkets like Woolworths and Kmart, as well as a selection of specialty stores. For more comprehensive shopping options, residents can easily head to Ballarat’s central business district, where larger malls and boutique stores provide a broader range of retail experiences.

In terms of education, Bonshaw benefits from its proximity to various schools in neighboring suburbs. The suburb itself doesn’t have a large number of schools yet, but residents have convenient access to schools in Delacombe and Sebastopol. Nearby options include Delacombe Primary School, Phoenix P-12 Community College, and Lumen Christi Primary School. Ballarat’s extensive education network, including secondary schools and several private institutions, is also within a short drive.

Transportation in Bonshaw is quite convenient, with easy access to key roads connecting to Ballarat’s CBD and surrounding suburbs. The Western Freeway provides a straightforward route to Melbourne for those commuting to the city. Public transport options include local bus services that connect Bonshaw with Ballarat’s central areas and key transit points. Although there is no train station within the suburb itself, the Ballarat Station is just a short drive away, offering V/Line train services to Melbourne and regional towns.

In summary, Bonshaw offers a balance of suburban tranquillity with convenient access to shopping, educational facilities, and transport links. The area’s ongoing development has made it an attractive option for families, professionals, and retirees seeking a quieter lifestyle with proximity to Ballarat’s amenities and services.

Disclaimer*

Reservation Requirements: 1. Download and complete EOI from Documents Tab. 2. Holding deposit receipt ($2,500) 3. Copy of client's finance pre-approval letter/comfort letter from the broker 4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 37 - EXCLUSIVE Co-Living W/ 10.3% Rental Guarantee for 3 Years - Bonshaw
City Ballarat
State VIC
Postcode 3352
Suburb Bonshaw

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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.

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