Exciting investment opportunities like 2 Munibung Road, Cardiff, don't come around often, so act fast to secure your future! Situated on a sought-after corner block, this older complex comprises five one-bedroom units, presenting an ideal opportunity for builders, investors, or individuals looking to add to their SMSF. With two units currently rented to long-term tenants, this property offers immediate rental income while also providing the potential for significant value enhancement through renovations. There are also two lock-up garages and additional off-street parking available.
This prime central location, providing easy access to Cardiff's bustling CBD and Cardiff Railway Station, residents will appreciate the proximity to local schools and public transport options,
Investors will find 2 Munibung Road particularly appealing due to its dual potential: immediate cash flow from existing tenancies combined with substantial upside through renovations. The current occupancy provides stability while allowing for improvements that could significantly increase rental yields. Given the property's prime location near essential amenities such as shopping centres and transportation hubs in Cardiff, an area experiencing growth, investors can expect strong demand from future tenants seeking quality housing options.
The Property in summary -
- Five one-bedroom units - Three bathrooms with a further two bathrooms requiring renovation - Two lock-up Garages - Additional off-street parking - Potential growth and redevelopment potential ( STCA ) - Central location to Cardiff CBD - Close proximity to Cardiff railway station and bus routes - Close to Cardiff Industrial Area - Long-term tenants are already established - Local Schools (e.g., Cardiff Primary School, Cardiff High School
DISCLAIMER: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
