- 24
- 16
- 931.0 m2
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Property description
Prime Investment Opportunity in the Heart of Butterworth!
REMAX Border proudly presents this great income-generating investment property, ideally situated in the heart of Butterworth. This well-positioned apartment block originally comprised 8 spacious flats, each offering 2 bedrooms, a lounge, a bathroom, and a kitchenette. The units have since been reconfigured into 3-bedroom units, with additional bathrooms added to enhance tenant convenience and maximize rental potential.
Each bedroom is currently rented out individually, creating a multi-income investment. One of the units has been successfully converted into a restaurant, providing an additional commercial rental income stream.
Its central location makes this property particularly attractive for student accommodation, with most of the necessary partitioning already in place. Situated within easy walking distance of shops, schools, public transport, government offices, and other essential amenities, the property offers the convenience tenants are looking for.
Whether you are an investor seeking strong rental returns, a student accommodation provider, or someone looking to expand a property portfolio, this versatile property which needs some care, presents great potential. Don't miss this opportunity to acquire a high-yield investment property in one of Butterworth's most accessible locations. Contact REMAX Border today to arrange a viewing.
Property Details
- 24 Bedrooms
- 16 Bathrooms
Property Features
- Metal roof
- Steel windows
- Tile flooring
- Entrance hall
- Dining room (tiled flooring)
- Lounge (tiled flooring)
| Bedrooms | 24 |
| Bathrooms | 16 |
| Erf Size | 931.0 m2 |
