- 25
- 25
- 1 075 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
Affordability Calculator | Bond Costs Calculator | Bond Repayment Calculator | Apply for a BondProperty description
An exceptional investment opportunity located in the heart of Morningside, this property offers high rental returns and long-term investment security.
Financial Overview:
Monthly Rental Income: R162,500
Annual Rental Income: R1,950,000
Occupancy: Fully tenanted, ensuring a lucrative and stable asset.
Property Features:
Residential Units:
25 Fully Equipped Units - Each designed to accommodate 4 occupants, making it ideal for student or tenant accommodation.
Each Unit Includes:
Fully Fitted Kitchen with modern appliances for convenience.
Toilet andamp Shower with sleek, contemporary finishes.
4 Single Beds to maximize space efficiency.
Porcelain Tiles for elegant, low-maintenance flooring.
Fridge andamp Microwave to ensure essential amenities for tenants.
Modern Amenities andamp Security:
Capacity for 100 Tenants - Perfect for student housing or shared accommodation.
CCTV andamp WiFi - Providing security and seamless connectivity.
On-Site Parking - Space available for 12 vehicles.
Commercial Spaces:
The ground floor includes a salon and massage studio, adding an additional stream of income.
Pricing:
Price Excludes VAT
Take advantage of this remarkable investment opportunityideal for long-term financial growth and stability.
Property Details
- 25 Bedrooms
- 25 Bathrooms
Property Features
- Security Post
- Access Gate
- Paving
| Bedrooms | 25 |
| Bathrooms | 25 |
| Erf Size | 1 075 m2 |
Contact the Agent
Caleb Churman
Full Status Property Practitioner
