Semi-commercial Property For Sale in Coonoor- Tamil nadu
If you’re looking for a property with potential for both residential living and rental income, this independent house in Coonoor, Tamil Nadu is a fantastic opportunity. Offering multiple living spaces, an ideal location, and a robust rental income stream, this property is perfect for those seeking to invest in the scenic Nilgiri Hills. Let’s take a closer look at the details of this 6BHK Independent House, which is now available for sale at a negotiable price of ₹80 Lakhs.
Property Overview
- Location: Coonoor, Tamil Nadu
- Property Type: Independent House
- Built-Up Area: 1,220 Sq. Ft.
- Plot Area: Not specified
- Number of Floors: G+2 (Ground + 2 Floors)
- BHK Configuration: 6BHK (with two separate portions)
- 1 portion: 3BHK
- 1 portion: 3 separate 1BHK houses
- Bathrooms: 6 (one for each bedroom)
- Facing (Site / Door): East
- Khata: Panchayat Khata
- Property Age: 20 years
- Parking: Not available
- Water Source: Not specified
- Price Quoting: ₹80 Lakhs (Negotiable)
- Occupied/Empty: Occupied
- Furnishing: Unfurnished
- Rental Income: ₹20,000 per month (Two shops included)
- Visit Timing: Anytime
Now, let’s dive deeper into the features and advantages of this property, so you can understand why it might be the perfect investment or home for you.
Prime Location in Coonoor – A Gateway to the Nilgiris
Coonoor, a charming hill station located in the Nilgiri district of Tamil Nadu, is known for its breathtaking landscapes, tea plantations, and cool climate. It’s an ideal place to settle down for those seeking a peaceful, scenic environment away from the hustle and bustle of city life.
The property is well-situated in a serene part of Coonoor, with easy access to local markets, schools, hospitals, and other essential amenities. Whether you’re planning to relocate or are looking for a vacation home in the Nilgiris, Coonoor offers the perfect mix of natural beauty and convenience.
Spacious and Versatile 6BHK Configuration
The independent house offers a total of 6 bedrooms, divided into two distinct portions, making it a versatile property that can cater to different living arrangements.
- Portion 1 – 3BHK: Ideal for a family or for use as the primary living area. The 3BHK configuration includes a living room, kitchen, and three bedrooms, each with its own bathroom. This portion offers ample space and privacy, making it ideal for a large family.
- Portion 2 – 3 Separate 1BHK Units: The second portion consists of three 1BHK units, each with a separate entrance, kitchen, living area, and bathroom. This arrangement offers excellent potential for rental income. The three 1BHK units are perfect for tenants, providing privacy and comfort.
The dual nature of this property allows for flexible use, whether you’re looking to live in one part of the house and rent out the other or accommodate multiple families. Additionally, the setup offers a steady rental income stream, making it a lucrative investment opportunity.
Built-Up Area and Design – G+2 Structure
The house has a built-up area of 1,220 square feet, spread across three floors (Ground + 2). Despite being a multi-story structure, the house has a cozy and welcoming feel, with each floor offering ample living space.
The East-facing orientation of the property ensures that natural light fills the house throughout the day, enhancing its energy efficiency and providing a bright, pleasant environment. The design allows for efficient use of space, with separate entrances for each unit, ensuring privacy for tenants and residents.
Well-Maintained and Ready for Customization
The house is unfurnished, giving you the flexibility to design and furnish the interiors according to your preferences. The existing layout is basic, with essential provisions for kitchen and bathroom spaces, but it offers a solid foundation for renovation and customization.
Being 20 years old, the property may require some minor repairs or updates, but it remains structurally sound and full of potential. Whether you’re looking to upgrade the interiors or simply refresh the existing spaces, this property is a blank canvas ready for your personal touch.
Rental Income – A Steady Stream of Revenue
One of the key highlights of this property is the potential for rental income. With two shops included in the building and three separate 1BHK units, you can expect a monthly rental income of around ₹20,000. This steady cash flow makes it an attractive investment, particularly in a location like Coonoor, where the demand for both residential and commercial spaces remains strong.
The 1BHK units can be rented out to long-term tenants or even used as vacation rentals, depending on your preferences. The two commercial shops can also be leased to small businesses, providing further opportunities to generate income.
Property Features and Amenities
1. East-Facing Property
The property is East-facing, which is considered auspicious and beneficial in vastu shastra. An East-facing entrance is said to bring positive energy and prosperity into the home, making it an ideal choice for those who value vastu.
2. Panchayat Khata
This property holds a Panchayat Khata, which indicates that it is legally recognized for residential purposes in the local governance system. While this type of Khata doesn’t permit certain commercial activities, it is still suitable for residential development and is relatively easier to convert into full legal title upon meeting the requirements.
3. Property Age and Condition
At 20 years old, the property is mature but still in good condition. The house has seen consistent use and care, and its structure remains sturdy. Some minor maintenance work may be required, especially to the interiors, but with a solid foundation in place, any renovation or updates would be a worthwhile investment.
4. Unfurnished Layout
Being unfurnished, the house offers the freedom to design each room to your liking. Whether you prefer a modern or traditional look, the house provides a great starting point for creating a home that fits your style and needs.
Price and Negotiability
The property is priced at ₹80 Lakhs, which is a competitive price given its size, location, and potential rental income. This price is negotiable, allowing you some flexibility in negotiating the final deal with the seller.
Considering the combination of residential space and rental opportunities, the asking price is fair for buyers looking for a property that offers both personal living space and an income-generating asset.
Why Choose This Property?
- Location: Coonoor’s scenic beauty and cool climate make it a prime location for a family home or vacation property.
- Versatility: With both residential and rental potential, this property offers excellent flexibility for a variety of living arrangements.
- Rental Income: With a steady rental income of ₹20,000 per month, this property offers a reliable return on investment.
- East-Facing: The auspicious East-facing orientation is ideal for those who prioritize vastu.
- Affordable: At ₹80 Lakhs, this property is priced competitively given the rental income potential and location.
Conclusion
This independent house in Coonoor offers a unique blend of residential comfort and investment potential. With its spacious layout, rental income opportunities, and scenic location in the Nilgiris, it presents a rare chance to own property in one of Tamil Nadu’s most desirable hill stations. If you’re interested in exploring this property further, feel free to visit anytime, as it is ready for viewing. Don’t miss out on the opportunity to secure your slice of Coonoor today.