Property description

Rezoned: Residential 3

This versatile property, rezoned to Residential 3, offers a rare investment opportunity in a highly sought-after area. Ideally located in close proximity to major amenities, reputable schools, and thriving business hubs, the property enjoys convenient access to essential services while maintaining a sense of privacy and spaciousness on a generously sized stand.

The property offers the following accommodation options:

Three (3) Bachelor Apartments – Each unit is equipped with its own private kitchenette and bathroom facilities, offering comfortable, self-contained living ideal for tenants seeking independent accommodation.

One (1) One-Bedroom Apartment – This spacious unit features a separate bedroom, bathroom, well-appointed kitchen, and a lounge area, providing a more expansive living option for tenants or extended family.

Additional Features:

Five (5) Covered Carports – Ample sheltered parking is available for residents or visitors, ensuring protection from the elements and added convenience.

Garden – The entire garden area has been professionally paved, eliminating the need for ongoing garden maintenance and associated service costs.

Security and Energy Efficiency Enhancements – The property is fully enclosed with secure fencing and features an electric gate for controlled access. Additionally, the electric fencing is powered by a solar panel system, offering both enhanced security and reduced electricity costs.

Prepaid Electricity – The premises are equipped with prepaid electricity meters, enabling efficient management of energy consumption and simplifying tenant billing.

Investment Highlights:

This property represents a sound investment opportunity, with its rezoning to Residential 3 offering expanded development potential and high rental demand in the area. The current configuration generates an excellent monthly rental income, making it ideal for investors seeking a stable and profitable return.