Introducing a prime investment opportunity nestled in the bustling heart of Maitland, along the vibrant Voortrekker Road. This commercial building stands as a testament to both convenience and profitability, offering a fully tenanted space ready to yield immediate rental income.
The ground floor of the building is home to two establishments on one side, a hairdressing salon that attracts a steady stream of clientele as well as a takeaway restaurant.
The first and second floors of the building house a collection of appointed apartments. Each floor has one spacious two-bedroom apartment and one studio apartment with a total of 4. The property also includes approved plans for an additional 15 apartments to be built for the opportunity to increase your rental income.
For the savvy investor, this property presents an exceptional opportunity to capitalize on the thriving rental market of Maitland. With every unit fully occupied, a steady stream of rental income is virtually guaranteed.
Moreover, the strategic location of the building ensures its enduring appeal to tenants and patrons alike. Situated along Voortrekker Road, a bustling thoroughfare renowned for its accessibility and vibrant atmosphere, the building enjoys proximity to an array of amenities, including public transportation hubs, eclectic restaurants, and stores.
Whether you''re an astute investor seeking to expand your portfolio or a discerning entrepreneur looking to capitalize on the thriving urban landscape of Maitland, this commercial building promises a lucrative opportunity not to be missed.
Features:
2 commercial tenants on ground floor
2 Two bedroom apartments
2 Studio Apartments
Fully tenanted
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