Prime Investment Opportunity: Multi-Family Conversion Project with Income-Generating Cottages
Unlock incredible potential with this expansive, high-yield investment property! Sold as-is, this incomplete structure is pre-pped and ready to be transformed into a lucrative multi-family residential complex featuring 12 bedrooms and 8 bathrooms.
Whether you are a developer looking to complete a major project or an investor seeking substantial rental yields, this property offers a massive head start.
Property Highlights:
* Main Development: Incomplete structure designed for a 12-bed, 8-bath multi-family home (sold as-is).
* Cottage 1: A fully completed 2-bedroom, 1-bathroom cottage equipped with its own solar system for uninterrupted power.
* Cottage 2: A fully completed 1-bedroom, 1-bathroom cottage, ideal for immediate rental income or on-site management.
* Utilities: Features a fully functional borehole, ensuring a reliable, independent water supply.
* Title Status: Currently held under a developers cession.
Capitalize on the soaring demand for multi-family housing and rental units.