An outstanding opportunity for investors seeking a well-established income-producing property with excellent expansion potential. This substantial corner property comprises eight spacious apartments, each designed for comfortable tenant living, while the generous stand offers scope for future development.
Apartment Features
Each of the eight units offers:
*2 Spacious Bedrooms – Each fitted with built-in cupboards.
*Functional Kitchen – Well-equipped with practical cupboard and preparation space.
*Comfortable Lounge – Generously sized for relaxed everyday living.
*Neat Bathroom – Designed for convenience and functionality.
*Individual Water Meters – Allowing for effective utility management.
*Prepaid Electricity – Providing greater control over electricity consumption and costs.
Parking & Convenience
*8 Covered Carport Spaces – Providing dedicated parking for tenants.
*Additional Visitor Parking – Conveniently available on the property.
*Ample Street Parking – Offering further parking options when required.
Excellent Development Potential
Situated on a large corner stand with valuable additional space.
Opportunity to expand the existing development subject to the necessary approvals.
Potential to add further residential units or additional facilities.
Excellent opportunity to increase the property's rental income and overall investment value.
Strategic Location
The property is ideally positioned within a high-demand rental area, offering convenient access to:
*Gibela
*Military bases
*Major transport routes and freeways
*Shopping centres
*Schools and essential amenities
*Ideal for Investors
With eight established rental units, individual utility management, ample parking and significant development potential, this property presents an attractive opportunity for both experienced investors and those looking to expand their property portfolio.
A rare combination of immediate rental income and future growth potential — enquire today to arrange a private viewing.