Overview

Positioned on Musuniwai Street, Kashmir, Lautoka, this substantial split-level concrete residence is an outstanding opportunity for investors seeking a reliable income-producing asset.

Situated on 520 sqm of Housing Authority Lease land, the property comprises three fully self-contained flats, making it ideal for multiple tenancies while reducing vacancy risk. Conveniently located just 5 km from Lautoka City, the property enjoys easy access to schools, shopping centres, medical facilities, public transport, and other essential amenities.

With quality construction, modern finishes, and strong rental demand in the area, this property presents an excellent opportunity to secure a proven investment in one of Lautoka’s established residential suburbs.

Property Features

Property Details

• Investment Residential Property
• Musuniwai Street, Kashmir, Lautoka
• 520 sqm Land Area
• Housing Authority Lease
• Split-Level Concrete Building

Accommodation

Flat 1 (Basement)

• 2 Bedrooms
• Lounge
• Kitchen
• Bathroom
• External Laundry

Flat 2 (Top Ground Floor)

• 2 Bedrooms
• Lounge
• Kitchen
• Bathroom
• External Laundry

Flat 3 (Upper Floor)

• 3 Bedrooms (Master Included)
• Lounge
• Kitchen
• Bathroom
• External Laundry

Quality Features

• Reinforced concrete construction
• Concrete walls and floors
• Aluminium windows and doors
• Security grills and screens
• Tiled flooring
• Gib board ceilings
• Modern kitchens with built-in cabinetry
• Cooktops and range hoods
• Air-conditioning units
• Ceiling fans
• Stainless steel railings with glass

Additional Features

• Fully fenced property
• Concrete driveway
• Steel entrance gate
• Municipal water supply
• Electricity
• Sewerage connection
• Street lighting
• Regular garbage collection
• Public transport nearby

Rental Potential

Estimated Combined Rental Income:

• Flat 1 – $1,000/month
• Flat 2 – $800/month
• Flat 3 – $1,200/month

Approximate Total: $3,000/month ($36,000 per annum)

Why Invest?

• Three independent rental income streams
• Strong rental demand in the Kashmir area
• Approximately $36,000 annual rental potential
• Reduced vacancy risk through multiple tenancies
• Excellent long-term capital growth opportunity
• Convenient location close to Lautoka City
• Well-maintained concrete construction
• Ideal addition to any investment portfolio

Three Flats. One Investment. Endless Returns.

Build Your Property Portfolio with a Proven Income-Generating Asset.