Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.

R 6 000 000

Commercial Property for Sale in Morningside

Morningside, Durban

Contact brokers for street address

537 m²
- m²: 537 m²
- Hectares: 0.054 ha
- Acres: 0.133 acres

Contact Brokers

Block of 6 x2 bedroom apartments and 1 x bachelor apartment

Calling All Investors / Student Accommodation Buyers.

This set of six apartments + 1 smaller bachelor apartment, with each unit spanning approximately 80 square meters, is ideally positioned, presenting a remarkable investment opportunity. Each apartment comprises two bedrooms, a lounge, a kitchen with a bathroom, and a separate toilet. The entirety of the building features aluminum window panels. All units have been renovated and now showcase granite countertops in the kitchens, alongside comprehensive air-conditioning. Some of the units additionally offer picturesque sea views

Furthermore, the property offers two garages and parking space for up to six cars. The building itself is impeccably maintained, boasting a pristine condition. The associated fees and rates are notably low. Each apartment yields a rental income ranging from R7750 to R8250 per month....

Listing number: P24-115681780, Image number: 1

Listing number: P24-115681780, Image number: 2

Listing number: P24-115681780, Image number: 3

Listing number: P24-115681780, Image number: 4

Listing number: P24-115681780, Image number: 5

Listing number: P24-115681780, Image number: 6

Listing number: P24-115681780, Image number: 7

Listing number: P24-115681780, Image number: 8

Listing number: P24-115681780, Image number: 9

Property Overview

Listing Number

115681780

Type of Property

Commercial Property

Lifestyle

Suburban, Dual Living, Student Accommodation

Listing Date

06 March 2025

Erf Size

537 m²

Rates and Taxes

R 2 800

Pets Allowed

Facilities

Bedrooms

Bathrooms

Kitchens

External Features

Parking

Building

Standalone Building

Yes

Number of floors

Other Features

Nearby Public Transport

Bus, Minibus Taxi

Internet Access

Fibre

Points of Interest

Bond Calculator

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.