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R 20 500 000

Apartment / Flat for Sale in Morningside

Morningside, Durban

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12
174 m²

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?? Prime Investment Opportunity – Fully Let Block of Flats in Morningside ???

An exceptional income-generating property in the heart of Morningside, offering high rental returns and long-term investment security.

?? Financial Overview:

?? Monthly Rental Income: R162,500

?? Annual Rental Income: R1,950,000

? Fully Tenanted – A lucrative and stable asset.

?? Property Features:

?? 25 Fully Equipped Units – Each designed to accommodate 4 occupants, making it ideal for student or tenant accommodation.

?? Each Unit Includes:

?? Fully Fitted Kitchen – Modern appliances for convenience.

?? Toilet & Shower – Sleek and contemporary finishes.

?? 4 Single Beds – Maximizing space efficiency.

?? Porcelain Tiles – Elegant and low-maintenance flooring.

?? Fridge & Microwave – Essential amenities for tenants.

?? Modern Amenities & Security:

?? Capacity for 100 Tenants – Ideal for student housing or shared accommodation.

?? CCTV & WiFi – Ensuring security...

Parking: 12

Listing number: P24-115606122, Image number: 1, Image

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Listing number: P24-115606122, Image number: 6, Image

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Listing number: P24-115606122, Image number: 8, Image

Listing number: P24-115606122, Image number: 9, Image

Property Overview

Listing Number

115606122

Type of Property

Apartment / Flat

Listing Date

19 February 2025

Erf Size

1 074 m²

Floor Size

174 m²

Price per m²

R 117 816

Floor Number

External Features

Parking

Points of Interest

Bond Calculator

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