Apartment
Kankanady, Kankanady, Mangaluru
Asking price
Carpet area
1,350 sqft
Apartment
Configuration
3 BHK · 3 Bath
Room details
Furnishing
Semi Furnished
Interior details
Listed by
Owner
Posted 7 days ago

Apartment
4 photos available
3BHK DUPLEX HOUSE | PRIME CITY LOCATION | RENTAL INCOME POTENTIAL A strategically located investment property in one of Mangalore's most sought-after localities — Kodialbail. Presenting an excellent opportunity to acquire a 3BHK duplex house with 3 bathrooms in a prime location of Mangalore. With its attractive location, versatile layout, and potential for consistent rental income, this property is particularly appealing to investors seeking an income-generating real estate asset. Whether your objective is to generate monthly rental income or explore accommodation-based business opportunities, this property offers multiple possibilities for maximising its utility, subject to applicable permissions. PROPERTY DETAILS - Location: Kodialbail, Mangalore - Property Type: Independent Duplex House - Configuration: 3BHK - Bathrooms: 3 - Asking Price: ₹1.75 Crore - Expected Monthly Rental Income: ₹60,000 onwards, subject to market demand and tenancy terms - Investment Focus: Rental Income / Accommodation Business WHY THIS PROPERTY DESERVES YOUR ATTENTION - Prime Kodialbail Location: Situated in one of Mangalore's established and sought-after urban neighbourhoods. - Income-Generating Potential: Expected rental income of approximately ₹60,000 per month or more, subject to actual occupancy and rental agreements. - Versatile Property Configuration: A 3BHK duplex layout offering flexibility for suitable residential and accommodation-related uses. - Multiple Revenue Possibilities: Potential to explore conventional rentals, PG accommodation, or hostel operations, subject to approvals and suitability. - Long-Term Asset Ownership: An opportunity to acquire a property in a prominent city location while exploring recurring rental income. IDEAL INVESTMENT OPPORTUNITIES 1. PG ACCOMMODATION BUSINESS Explore the potential to operate a paying guest accommodation facility, subject to permitted use and applicable requirements. 2. HOSTEL BUSINESS Potential for student or working-professional accommodation, depending on the property's suitability, permissions, and operational arrangements. 3. CONVENTIONAL RESIDENTIAL RENTAL Lease the property to a family or otherd suitable tenant seeking accommodation in Kodialbail. 4. LONG-TERM REAL ESTATE INVESTMENT Own a property in an established Mangalore locality with the potential to generate recurring rental income. INVESTMENT & RENTAL PROJECTION ASKING PRICE: ₹1.75 CRORE (25 LAKHS PER CENT) EXPECTED MONTHLY RENTAL INCOME: ₹60,000+ INDICATIVE ANNUAL RENTAL INCOME: ₹7.20 LAKHS At an assumed rental income of ₹60,000 per month, the property would generate approximately 4.11% gross annual rental yield on the asking price, before maintenance, taxes, vacancy, and other operating expenses. Actual rental income and returns will depend on the final rental arrangement, occupancy, permitted usage, and operating costs. A STRATEGIC PROPERTY FOR INVESTORS For buyers looking beyond conventional residential ownership, this 3BHK duplex in Kodialbail presents an opportunity to combine property ownership with potential recurring income. Its prime location, versatile configuration, and accommodation-business possibilities make it worth considering for investors seeking a property with income-generating potential in Mangalore. ASKING PRICE: ₹1.75 CRORE Contact us for more information or more such properties!! Brokers please stay away :)
Semi Furnished
Furnishing
Transparent transaction
Ownership details available on enquiry.
3 bathrooms
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Kankanady, Kankanady, Mangaluru
Kankanady, Mangaluru
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