Lot S214 Berrigan Drive, Bonshaw VIC

Description

This Rooming House in Bonshaw presents a rare opportunity to secure a modern, high-growth investment. Featuring 5 bedrooms, 5 bathrooms and 2 car spaces, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia’s fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.

Suburb profile:

Bonshaw is a growing residential suburb in the Ballarat region of Victoria, offering a peaceful lifestyle with strong investment appeal. Located close to Ballarat’s town centre, the suburb benefits from access to schools, local shopping, and essential services. Ongoing residential development is driving rental demand, making Bonshaw attractive for investors seeking stable yields. Its combination of affordability, infrastructure growth, and proximity to Ballarat positions the suburb for long-term capital growth.

Inclusions:

• Class 1B council approved boarding home
• 2590mm high ceilings
• 5 bedrooms including 1 SDA compliant room
• 5 bathrooms including 1 SDA compliant bathroom
• Full furniture package
• High-quality flooring throughout
• 6 split system air conditioning units
• Full landscaping to front and rear
• Fencing, letterbox and clothesline

With its blend of lifestyle appeal and investment strength, this Rooming House in Bonshaw is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.

Single-person households are on the rise, accounting for a significant 25% of all households in Australia. This trend shows no signs of slowing down, and experts project a continued growth in single-person households, reaching an estimated 3 to 3.5 million over the next two decades. This surge underscores the increasing demand for housing options tailored to individual occupants.

Rooming house properties represent a form of shared accommodation, offering private bedrooms with ensuite bathrooms, and often including living and kitchenette facilities akin to a compact, one-bedroom unit or apartment. These properties appeal to tenants seeking affordable, adaptable, and hassle-free living arrangements that align with their lifestyles and requirements.

Many rooming houses are strategically situated in suburban areas, providing proximity to transportation, shopping centers, restaurants, cafes, and community hubs—making them an enticing choice for tenants.

Typical rooming house tenants encompass young professionals, students, digital nomads, entrepreneurs, creatives, and seniors who prioritize convenience, connectivity, and collaboration.

For investors, rooming house properties offer a compelling value proposition. They present a high-yield, low-risk, and forward-looking investment opportunity. Rooming house properties consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals. This aligns with the burgeoning demand for affordable and flexible housing solutions in urban settings.

Additionally, rooming house properties often boast higher capital growth potential, given their prime locations with access to transportation, education, employment, and entertainment hubs.

Why are rooming houses so attractive to investors?

• High Demand: Rooms are in high demand, ensuring quick occupancy.
• Higher Yields: Often double compared to the suburb average.
• Diverse Tenant Base: Young professionals and older singles generally seek this accommodation category.
• Tax Depreciation: Benefits from fixtures and fittings.
• Income Security: Steady income flow even when one tenant moves out.