Multiple Dwelling Property with approved development plans

An exceptional opportunity for savvy investors! Perfectly positioned on level land within a bustling mixed-use area, this income-generating property offers solid returns and excellent future growth potential.

Already producing steady rental income, the property also comes with approved plans for six additional units, making it a lucrative option for expansion or redevelopment.

The property currently comprises two well-maintained buildings and two flatlets, each with prepaid meters for easy management and separate tenants in place. The spacious courtyard provides ample parking for all occupants.

Main House

• Divided into two self-contained sections, each with its own entrance and prepaid meter.
• Section A: 3 bedrooms, 1 bathroom, open-plan lounge and dining area, and a spacious fitted kitchen.
• Section B: 2 bedrooms, lounge, dining area, and fitted kitchen.

Flatlets

• Flatlet A: Stylish studio apartment with 1 bedroom, bathroom, modern fitted kitchen with granite tops, and secure parking.
• Flatlet B: 2 fitted bedrooms, 1 bathroom, lounge, fitted kitchen, and single parking bay.

With its strategic central location, approved development potential, and reliable rental income, this property is an investor’s dream.

A must-see opportunity for those seeking strong returns and long-term value!