Property Details
The ideal investment opportunity you're presented with is a property designed for student accommodation and office facilities, located in a prime area called New Park. Here's a detailed description of the property:
The property is situated in the heart of New Park, which is a highly sought-after area due to its proximity to various amenities and
It is conveniently located within walking distance of the university, shopping malls, the Central Business District (CBD), and local hospitals. This strategic location makes it attractive for students, professionals, and clients alike.
The property offers 24 bachelor flats, each equipped with a kitchenette and a private bathroom that includes a shower, Â basin, and toilet. Bachelor flats are typically small self-contained units that are ideal for students, offering them the independence and privacy they desire. This setup is particularly appealing to students attending the nearby university, making it a potentially high-demand accommodation option.
The property boasts ample parking space, making it convenient for both tenants and clients. It has 8 undercover parking spaces and 15 open parking areas, all secured behind electronic gates. This level of parking availability is valuable, especially in areas with high parking demand, and it enhances the property's overall appeal.
The property also features a spacious office facility that includes three offices, a kitchen, and a bathroom. This office space is perfect for professionals, businesses, or service providers looking for a central and accessible location. It can cater to various types of businesses, such as consulting firms, startups, or medical practitioners due to its proximity to hospitals.
The office facility comes with its own parking area, adding further convenience for clients visiting the premises. There are 7 undercover parking spaces and 8 open parking areas, ensuring that clients have easy access to the offices.
The electronic gates and covered parking areas enhance the security of the property, providing a safe environment for both residents and clients.
Potential for High Demand: Given its location within walking distance of the university and other amenities, the property is likely to experience high demand for both student accommodation and office space. This presents an excellent investment opportunity with the potential for steady rental income.
In summary, the property offers a lucrative investment opportunity with 24 bachelor flats for student accommodation, well-equipped office facilities, ample parking space, and a prime location within New Park. Its proximity to the university, shopping malls, CBD, and local hospitals make it an attractive option for students and professionals alike, ensuring a potentially strong and steady return on investment.