11 Bedroom House in Redcliffe

11-Room Income-Generating Cottages Verulam, Redcliffe

Excellent Investment Opportunity | Fully Occupied | Development Potential

This income-generating property in Verulam, Redcliffe offers an excellent opportunity for investors looking to expand their rental portfolio.

The property comprises 11 cottagesrooms, all of which are currently fully occupied, providing an established rental income stream from day one.

A major advantage is the ample space at the back of the property, offering potential to develop approximately 7 additional rooms, subject to the necessary municipal approvals. This creates an exciting opportunity to increase the property''s rental income and overall investment value.

Key Features

11 income-generating cottagesrooms

Fully occupied

Established rental income

Spacious property with room for further development

Potential to add approximately 7 additional rooms, subject to approvals

Conveniently located close to schools and essential amenities

Close to shopping centres and petrol stations

Easy access to King Shaka International Airport

The Verulam area offers convenient access to schools, shopping facilities and fuel stations, while King Shaka International Airport is approximately 8 km from Verulam.

Nearby amenities include The Hyper Mall Haffy Center, Waterloo Ridge Mall and several petrol stations, including BP Verulam and Shell.

A fantastic opportunity for an investor seeking an already income-producing property with further development potential.