Rental Income building for sale in Mahalakshmi Layout- Rajajinagar Bangalore

Rental Income building for sale in Mahalakshmi Layout- Rajajinagar

Prime Investment Opportunity

A well-established rental income building is available for sale in Mahalakshmi Layout, offering an excellent opportunity for buyers seeking a property with an existing rental income stream. The property is strategically designed for multiple commercial and residential uses, making it suitable for investors looking for regular income along with long-term asset value.

Property Overview

The property has a total built-up area of approximately 5,000 sq. ft. and is developed across a 45 × 50 ft plot configuration, comprising two buildings with approximately 2,250 sq. ft. each. The structure consists of Ground + 2 floors (G+2), providing substantial space for both commercial and residential occupancy.

The ground floor features four shops, making it particularly suitable for commercial rental purposes. The first and second floors together accommodate 12 BHK units, providing multiple residential rental opportunities. With a total of 12 bathrooms, the property is configured to support multiple tenants comfortably.

Rental Income Potential

One of the key attractions of this property is its existing rental income. The building currently generates approximately ₹1 lakh per month in rental income, making it an attractive option for buyers looking for a ready income-generating asset.

The property is currently occupied, which means the buyer can potentially benefit from an existing rental arrangement, subject to verification of tenancy agreements, deposits, rent receipts, and other applicable documentation. The combination of ground-floor shops and multiple residential units provides diversification within the same property.

Location Advantage

Located in Mahalakshmi Layout, the property benefits from being situated in an established residential and commercial neighborhood of Bengaluru. The surrounding locality offers access to essential amenities and everyday conveniences, making the property suitable for both residential tenants and commercial occupants.

Its mixed-use configuration provides flexibility for investors who want a combination of commercial and residential rental income from a single property.

Construction & Features

The property is approximately 20 years old and has been maintained as a rental-income-generating building. It is semi-furnished, providing basic convenience for occupants while allowing tenants flexibility to customize their respective spaces.

The property is southwest-facing, with the site/door orientation facing southwest. A Cauvery water connection is available, adding to the property’s residential utility.

There is no dedicated parking facility, which prospective buyers and investors should consider while evaluating the property and its suitability for their intended use.

Documentation & Pricing

The property has A-Khata, an important documentation feature for prospective buyers. Buyers should independently verify the title, khata records, building approvals, tax receipts, rental agreements, and other relevant property documents before proceeding with the transaction.

The quoted selling price is ₹4.50 crore. The price is negotiable, subject to discussion and mutually agreed terms between the buyer and seller.

Key Property Highlights

• Property Type: Rental Income Building

• Location: Mahalakshmi Layout

• Built-up Area: Approximately 5,000 sq. ft.

• Plot: 45 × 50 ft, with two buildings

• Building Configuration: G+2

• Ground Floor: 4 Shops

• First & Second Floors: 12 BHK

• Bathrooms: 12

• Balconies: 1

• Facing: Southwest

• Khata: A-Khata

• Property Age: Approximately 20 years

• Parking: Not available

• Water: Cauvery

• Furnishing: Semi-furnished

• Current Status: Occupied

• Rental Income: Approximately ₹1 lakh/month

• Expected Price: ₹4.50 crore

• Price: Negotiable

• Visit Timing: Anytime

Ideal for Investors

This property is particularly suited for buyers seeking an existing rental-income property with both commercial and residential components. With multiple units, established occupancy, and approximately ₹1 lakh monthly rental income, it offers an opportunity to acquire a ready income-generating building in Mahalakshmi Layout.

Interested buyers can schedule a property visit at anytime, subject to prior coordination, and are advised to verify all property, tenancy, and financial documents before finalizing the transaction.