Are you in search of an exceptional opportunity to enter the property market? Look no further! We are delighted to present a prime property located at Golf Link Crescent that offers a unique investment prospect. With 45 years remaining on a Housing Authority Lease and the option for renewal, this property is a rare gem that promises both security and potential for growth. Let's explore what this fantastic property has to offer.
Property Overview:
This double-story concrete building is situated on a substantial 716 sq m of land, providing ample space and opportunities. The sturdy structure sits on a reinforced concrete foundation, ensuring the longevity and durability of the property. The upper floor of the building features a spacious flat with a well-appointed kitchen, dining area, and four bedrooms, including a master bedroom. Additionally, there is an outdoor kitchen and an internal/external laundry, catering to all your household needs.
Each of the four bedrooms is equipped with air conditioning and built-in wardrobes, ensuring comfort and convenience for the occupants. The property also boasts a hot/cold water system, offering year-round comfort. On the ground floor, you'll find an enclosed hall that can serve various purposes, adding flexibility to the property's usage.
Opportunity for Income:
Currently, the property is not leased, as the owners reside in it. However, the potential for rental income is substantial, with a valuation report estimating a monthly rental income of $2,000. This presents a fantastic opportunity for those looking to generate passive income or offset the cost of the property.
Convenient Location:
The property's strategic location adds to its appeal. Situated in Golf Link Crescent, it is close to schools, shops, and public transportation, making it an ideal choice for families and individuals alike. For those seeking a bustling urban lifestyle, the property is just a 5-minute drive away from Lautoka City, providing easy access to a wide array of amenities and services.
Valuation Report:
For your peace of mind and complete transparency, a valuation report is available for viewing. This report will provide detailed insights into the property's current market value and income potential, assisting you in making an informed decision.
Asking Price:
The asking price for this remarkable property is $600,000, and it is negotiable. This flexibility in pricing allows you to explore various financing options and find the best deal that suits your budget and financial goals.
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