Since I was connecting to a bugzilla database which I am allowing anonymous view access to, the
bugtraq:urlproperty I used was
http://<hostname>/bugzilla/show_bug.cgi?id=%BUGID%. Doing so, meant that when I check in my files and provide a Bug ID, the subversion history will have a record of it, which will be provided as a link to the information page of the bug in eclipse. Pretty neat stuff!