BALLARAT

5 Bedroom Coliving House & Land for Sale in Bonshaw, Ballarat

This premium 5-bedroom, 6-living room turnkey co-living property in Ballarat offers an exceptional investment opportunity with estimated weekly rental income between $1,700 and $1,800 and a gross yield of 9.90%-10.49%. Designed for modern living and maximum rental returns, the property combines private and communal spaces to attract a diverse tenant base, including professionals, students, and retirees.

Property Features

• Bedrooms: 5 private rooms, each with an ensuite bathroom.
• Amenities: Each unit includes a living, kitchenette, bedroom.
• Communal Areas: Shared kitchen, dining room, laundry facilities, and social spaces to foster community living.
• Landscaping: Front and rear landscaping with private outdoor areas for each unit.

Investment Highlights

• Turnkey Package: Fully furnished and ready to rent immediately upon completion.
• High Yield Potential: Gross rental yield between 9.90% and 10.49%, significantly outperforming traditional rental properties.
• Low Vacancy Risk: Ballarat’s current vacancy rate is just 0.9%, reflecting strong rental demand.
• Projected Rental Income: $91,000 annually at full occupancy.

Location Advantages

Ballarat is a thriving regional city located west of Melbourne with a rich history and a diverse economy spanning healthcare, education, retail, tourism, and manufacturing. Key highlights of the area include:

• Population of approximately 117,240 with steady growth projections.
• Home to Ballarat University and TAFE, attracting students and young professionals.
• Major infrastructure investments like the $500 million Ballarat Regional Network upgrade and $837 million Ballarat Base Hospital redevelopment.
• Popular tourist destination with over 400,000 annual visitors to Sovereign Hill.

This property is strategically positioned to benefit from Ballarat’s growing demand for affordable yet high-quality housing solutions. Its co-living model ensures multiple income streams under one roof while maintaining affordability for tenants. This makes it an ideal choice for investors seeking strong returns in a fast-growing market.