This income-generating property is designed for investors who understand the value of consistent cash flow and multiple revenue streams from a single asset.
The property comprises five separate, self-contained apartments, offering a practical and appealing setup for tenants. There are three two-bedroom units, each fitted with a bathroom, lounge, and kitchen, along with two one-bedroom units that also include their own bathroom, lounge, and kitchen. The layout provides comfortable, independent living while maximizing occupancy and rental potential.
From a management point of view, the property is structured for efficiency and control. Electricity is prepaid via a token system, while water is billed separately for each unit, as every apartment is fitted with its own meter. This ensures accurate usage billing and simplifies day-to-day management.
Located in Warrenton, Stanger, an area that continues to see steady rental demand due to its accessibility and community-driven environment, the property is well positioned to attract long-term tenants.
With five income streams under one roof, this is a solid investment offering good returns and the opportunity to grow your portfolio with a high-yield, low-complexity asset.