We are excited to present this outstanding investment opportunity – a well-maintained, apartment block consisting of 17 units, situated in a prime location with excellent potential for growth.
The block features a mix of 16 bachelor apartments and 1 two-bedroom apartment, providing both affordable living options and the opportunity for increased rental returns.
Key Features:
17 Units in total, currently undergoing complete interior renovations, ensuring modern finishes and upgraded living spaces for tenants.
A combination of bachelor apartments and a spacious 2-bedroom apartment, catering to a wide range of tenants.
14 Garages available on-site, offering secure parking for tenants and additional revenue potential.
Staff Accommodation provided, making it an ideal setup for
live-in maintenance or on-site staff.
All apartments are fitted with prepaid water and prepaid electricity, providing greater control over utilities and reducing management headaches.
The building’s exterior roofs have just been replaced, ensuring minimal maintenance costs for years to come.
Enormous Potential for Growth:
The property boasts ample space for further development, with plenty of room to build additional units or explore further expansion.
Whether you’re looking to increase your rental income, convert part of the space for commercial use, or capitalize on the area’s demand for housing, the opportunities are endless.
Why Invest:
Fully Renovated Interiors: Freshly upgraded units provide a clean, modern living environment.
Location: Situated in a desirable area with access to schools, public transport, shops, and amenities.
Strong Rental Demand: The layout of bachelor apartments ensures consistent demand for affordable living, while the large 2-bedroom unit appeals to small families or professionals.
Secure Parking: 14 garages on-site offer added value to tenants and provide an additional income stream.
Prepaid Utilities: Both water and electricity are prepaid, ensuring an easy-to-manage, low-maintenance operation.
This is a rare opportunity to acquire a well-located, fully-renovated property with substantial room for growth and future expansion.
Don’t miss out on this high-potential investment – contact us today to schedule a viewing!
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