Description
Property Overview
An excellent investment opportunity offered by tender in the highly populated area of Kinoya. Situated on 518.5 sqm of housing lease land (40 years remaining), this income-generating property comprises a four-flat building plus a shop space with strong commercial potential.
The property includes three 2-bedroom flats and one 3-bedroom flat (with master bedroom), making it ideal for consistent rental returns. Located in a busy residential area, the attached shop space presents additional income opportunities in a high-demand neighborhood.
Features
- Prime location – Mavota Place, Kinoya
- 518.5 sqm Housing Lease land
- 40 years lease remaining
- 4 self-contained flats:
- 3 x 2-bedroom units
- 1 x 3-bedroom unit (including master bedroom)
- Attached shop space with business potential
- Strong rental income potential
- Located in a heavily populated residential area
Why Invest?
- Multiple Income Streams – Residential rental plus shop revenue.
- High Tenant Demand – Kinoya is a dense and established residential hub.
- Cashflow Opportunity – Immediate rental return potential.
- Commercial Upside – Shop space suitable for grocery, takeaway, mini-mart or service business.
- Affordable Entry into Investment Property Market
Multiple Units. Shop Income. Smart Investment.
