7 Bedroom House in Bela-Bela (Warmbaths)

BELA BELA, TOWNSHIPThis is a rare, versatile mixed-use opportunity perfect for an investor, developer, or owner-operator with a vision. The property features a commercial shop, a salon space, and seven rental units, all under one roof. Currently in need of Tender Loving Care TLC, this building presents a blank canvas to create significant value through renovation and modern updates. The strong income-generating foundation is in place, awaiting the right buyer to maximize its potential.This is a value-add investment. The building is structurally sound but requires comprehensive updates to meet modern standards and achieve maximum rentalcommercial income.Condition & TLC Requirements The OpportunityThis is a value-added investment. The building is structurally sound, but requires comprehensive updates to meet modern standards and achieve maximum rentalcommercial income.Cosmetic & Interior: All units and commercial spaces need full refurbishment. This includes:New flooring LVP, tile, carpetComplete interior paintingModern lighting fixturesKitchenette and bathroom updates vanities, fixtures, tilingPossible layout optimizations for better space usage.Systems May Need EvaluationUpgrade:Roof: Aged but serviceable inspection recommended.HVAC: Individual unit systems may need servicing or replacement.Plumbing: Older galvanized or copper pipes should be inspected.Electrical: May need panel upgrades and full rewiring to modern code.Exterior: Could benefit from facade refresh, new signage, improved landscaping, and updated entryways.Multiple Revenue Streams: Blend of commercial rental income shop & salon and residential cash flow 7 units.Forced Appreciation: Significant equity can be built through cost-effective renovations. Post-renovation, the property''s value and rental rates can increase substantially. Show more Show less