Property description

A fantastic investment opportunity in the heart of Richmond Hill!

This fully walled, well-maintained block of flats offers excellent rental potential and is ideally positioned directly across from the hospital — perfect for professionals, students, or long-term tenants.

Property Overview:

• Main Front Building:

• Comprises 8 exceptionally large flats, each approximately 100m² in size.

• A mix of 3-bedroom, 2-bedroom, and 1-bedroom units.

• Dual access from both the front and rear, providing the option to subdivide units for even greater rental yield.

• Each unit is fitted with prepaid water meters for convenience and efficient management.

• Upper-level units feature balconies overlooking the courtyard.

• Rear Section:

• Includes 3 modern, newly built flats, each offering 1 bedroom, a lounge, kitchen, and bathroom.

• Two lockable garages and ample secure parking behind a remote-controlled gate.

• Drying areas and communal space available for residents.

• General Features:

• Fully enclosed with boundary walls for privacy and security.

• Attractive front courtyard area.

• Roof replaced several years ago — well-maintained and in good condition.

Investment Highlights:

• Prime location across from the hospital, ensuring steady tenant demand.

• Excellent income-generating potential, with opportunities to maximize returns by subdividing larger units.

• Strong rental market in Richmond Hill, driven by proximity to key amenities, schools, and the city center.

This is a rare opportunity to acquire a solid, income-producing property in a high-demand area with substantial growth and yield potential.