16 Bedroom House in Overport

Seize the chance to complete and capitalize on a prime property investment! Legacy Real Estate Group presents a substantial, unfinished apartment building with complete, approved architectural plans included in the sale, ready for immediate progression. This is a unique opportunity for developers, investors, or syndicates to realize significant returns in a high-demand rental market.

Building Overview & Prime Location

This structure is designed to house eight self-contained, high-value apartment units, totaling 16 bedrooms.

Unit Breakdown 8 Total Units:

Each unit is meticulously planned to offer generous living space and a comfortable, modern layout:

2 Bedrooms

1 Bathroom

Kitchen

Open-Plan Lounge Area

Location, Location, Location!

This property is perfectly situated for maximum rental appeal and convenience. It is located a stone''s throw away from Brickfield Road and offers effortless access to:

Major Transport Routes: Ensuring easy commuting for all residents.

Schools: Essential for families.

Local Shops: Immediate access to amenities and daily necessities.

Religious Worship Places: Catering to community needs.

Key Features & Existing Progress:

Ready-to-Complete: The structure is in place, and the hard work of initial construction is done.

Partial Finishes: Two of the eight units have commenced internal finishes, providing a clear vision of the completed standard:

Tiles installed

Partial lighting installed

Bathrooms fully plumbed and partially installed

Architectural Design Highlights:

Upstairs Units 4Average 65m2 : Feature private, spacious balconies perfect for outdoor relaxation.

Downstairs Units 4Average 111m2: Include private, allocated outdoor patios, extending the living space.

Communal Area: The property features a large communal outdoor area for all residents, enhancing lifestyle and appeal.

Parking: A secure undercover parking area is provided, accommodating up to 10 cars. Each of the 8 units is allocated 2 parking bays.

The Investment Advantage

Turn-Key Development: Approved plans mean minimal delays and a fast track to completion and occupancy.

Customization Potential: The unfinished state allows the new owner to select final finishes flooring, cabinetry, fixtures to meet specific market trends and maximize rental yields.

Immediate Equity Growth: Completing the building will instantly unlock substantial equity and allow for immediate returns through rental income or sectional title sales.

High Unit Count: Eight separate two-bedroom units offer diversified income streams and high rental desirability.

Don''t miss out on this exceptional chance to secure a profitable and scalable asset in a thriving, centrally located area.

INVESTORS, DEVELOPERS, ACT NOW!

This opportunity is priced for a quick sale, factoring in the completion cost and the immense value upon stabilization.

Contact us today to receive the full plans, scope of work, and to schedule a private viewing of this exceptional development site.

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Serious Enquiries Only.