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Rental Income Building For Sale in Thindlu Main Road-Kodigehalli

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Rental Income Building For Sale in Thindlu Main Road-Kodigehalli
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Rental Income Building For Sale in Thindlu Main Road-Kodigehalli

5th Main Road, Canara Bank Layout, Thindlu, Bengaluru North City Corporation, Bengaluru, Yelahanka taluku, Bengaluru Urban, Karnataka, 560097, India

For Sale

₹3.2 CR

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Property ID:

 RH-134900-property

Bedrooms
7
Bathrooms
7
Area
1540 sq ft
Status
Ready to Move

Description

Rental Income Building For Sale in Thindlu Main Road-Kodigehalli Bangalore

INDEPENDENT / VILLA / DUPLEXRental Income Building
LOCATIONThindlu Main Road, next to Vidya Spoorthi School, Kodigehalli Gate
BUILTUP AREA3600 Sqft
PLOT AREA38.5*40= 1540 Sqft
NO. OF FLOORSGround- 3BHK & Parking, FF-3BHK, SF- 1BHK & Terrace
BHK7BHK
BATHROOM7
BALCONIES2
FACING ( SITE / DOOR )North west
KHATAA-Khata/E-Khata
PROPERTY AGE10 years
PARKINGAvailable
WATERCauvery & Borewell
PRICE QUOTING3.20 CR
NEGOTIABLEYes
EMPTY OR OCCUPIEDOccupied
FURNISHED / UNFURNISHEDSemi Furnished
VISIT TIMINGAnytime
RENTAL INCOME95000

Rental Income Building For Sale in Thindlu Main Road-Kodigehalli

High-Income Residential Investment Opportunity

An excellent rental income building is available for sale on Thindlu Main Road, located next to Vidya Spoorthi School near Kodigehalli Gate. This property presents an attractive opportunity for investors and buyers looking for a combination of steady rental income, a strategic location, multiple residential units, and long-term property appreciation potential.

Built on a 1,540 sq. ft. plot measuring approximately 38.5 × 40 feet, the property offers a substantial 3,600 sq. ft. built-up area. The building is thoughtfully configured across multiple floors and includes a total of 7 bedrooms and 7 bathrooms, making it suitable for generating rental income from multiple residential units.

The property is currently occupied and generates a stated rental income of approximately ₹95,000 per month, making it particularly appealing to buyers seeking an income-generating real-estate asset rather than an empty property requiring immediate occupancy or leasing.

Prime Location – Thindlu Main Road

The property’s location is one of its key advantages. It is situated on Thindlu Main Road, next to Vidya Spoorthi School and close to Kodigehalli Gate.

Being positioned along a prominent road provides convenient accessibility and visibility, while proximity to a school and established residential surroundings can support consistent demand for rental accommodation.

For an investment property, location plays a crucial role in tenant demand, accessibility, convenience, and potential long-term appreciation. The property’s positioning near established residential areas and everyday facilities makes it a practical choice for buyers seeking an income-producing asset.

The location is particularly suitable for tenants who prioritize easy access to schools, roads, public transport, neighborhood conveniences, and other essential services.

Purpose-Built Rental Income Property

Unlike a conventional independent house designed primarily for a single family, this property is structured as a rental income building.

Its multi-unit configuration allows the owner to generate income from different portions of the building. The current floor plan includes multiple BHK units, providing the potential for diversified rental occupancy.

The property has a total of 7 BHK and 7 bathrooms, giving it considerable residential capacity. For an investor, this can provide flexibility in terms of tenant selection and rental management.

The existing occupancy and stated rental income of ₹95,000 per month further demonstrate the property’s current income-generating nature. Prospective buyers should verify the existing tenancy arrangements, rental agreements, deposits, maintenance responsibilities, and actual rental receipts as part of their due diligence.

Efficient 38.5 × 40 Plot

The property is constructed on a plot measuring approximately 38.5 × 40 feet, totaling around 1,540 sq. ft.

This is a practical plot size for a multi-level rental property. The building makes efficient use of the available land by distributing residential accommodation across the ground, first, and second floors.

The configuration provides a balance between built-up space and functional access, while the available parking further enhances its suitability for tenants.

3,600 Sq. Ft. Built-Up Area

The total built-up area is approximately 3,600 sq. ft., providing substantial residential space across the different levels.

The building has been designed to accommodate several independent living areas while maintaining practical functionality. With a total of seven bedrooms and seven bathrooms, it can cater to multiple families or tenants, depending on the existing configuration and rental arrangements.

For investors, the built-up area represents a significant component of the property’s income-generation potential and overall asset value.

Detailed Floor-Wise Configuration

The property has a well-defined floor plan designed to maximize rental utility.

Ground Floor – 3 BHK and Parking

The ground floor consists of a 3 BHK unit along with parking space.

The ground-floor residence can be particularly attractive to tenants who prefer easy accessibility without the need to use stairs regularly. The availability of parking adds further convenience.

The 3 BHK configuration provides adequate accommodation for a family and can support long-term residential tenancy.

First Floor – 3 BHK

The first floor features another 3 BHK unit.

With three bedrooms, the first-floor residence is also well suited for family tenants. This arrangement provides the owner with a second substantial rental unit and contributes significantly to the property’s overall rental income.

Second Floor – 1 BHK and Terrace

The second floor includes a 1 BHK unit along with a terrace.

The 1 BHK configuration can appeal to smaller families, working professionals, couples, or other tenants seeking a compact residential space.

The terrace adds an additional feature to the property and may provide useful outdoor space for residents, subject to the applicable usage and property arrangements.

North-West Facing Property

The property is stated to be north-west facing, which applies to the site/door orientation as provided.

Orientation can be an important consideration for buyers who have specific preferences regarding the direction of their property. For investment buyers, the property’s layout, rental potential, accessibility, and overall condition may be considered alongside its orientation.

Prospective purchasers can inspect the entrance, individual units, natural lighting, ventilation, and overall layout during the site visit.

A-Khata and E-Khata

The property is stated to have A-Khata/E-Khata documentation.

Khata and property documentation are important considerations when purchasing an income-generating property. Buyers should independently verify the original title documents, Khata records, tax receipts, sanctioned plans, building approvals, encumbrance details, and other relevant documents.

Since this is an occupied rental property, buyers should additionally verify existing rental agreements, tenant details where legally appropriate, rental deposits, utility responsibilities, and other tenancy-related documentation before completing the transaction.

Professional legal and technical due diligence is strongly recommended.

Cauvery and Borewell Water

The property benefits from both Cauvery water and borewell water.

Having access to multiple water sources can be advantageous for a multi-unit residential building, particularly where several households are occupying the property.

The property should be inspected to verify the current water connections, borewell condition, pumping system, storage facilities, and distribution arrangements.

Parking Available

Parking is available within the property.

Parking is an important feature for rental properties, particularly for family tenants. Providing parking can improve the property’s rental appeal and convenience for occupants.

The exact number and configuration of parking spaces can be verified during the site visit.

10-Year-Old Property

The building is approximately 10 years old.

At this age, the property can offer a balance between established construction and continued usability. Buyers should inspect the structure, flooring, plumbing, electrical systems, waterproofing, painting, fixtures, and other components to understand the property’s current condition and any future maintenance requirements.

The existing occupancy provides an opportunity for buyers to assess the property as a functioning rental asset rather than a vacant

Additional Details

  • Rental Income Building For Sale in Thindlu Main Road, Kodigehalli Gate, Bangalore.: 3.20CR

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