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R 19 995 000

Commercial Property for Sale in Morningside

231 Percy Osborn Road, Morningside, Durban

1 075 m²
- m²: 1 075 m²
- Hectares: 0.108 ha
- Acres: 0.266 acres

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Prime Income-Generating Property in Morningside

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...

Listing number: P24-115753984, Image number: 1

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Property Overview

Listing Number

115753984

Type of Property

Commercial Property

Street Address

231 Percy Osborn Road, Morningside

Lifestyle

Complex, Suburban

Listing Date

20 March 2025

Erf Size

1 075 m²

Pets Allowed

Facilities

Bedrooms

Bathrooms

Kitchens

External Features

Parking

Building

Standalone Building

Yes

Other Features

Internet Access

Fibre

Points of Interest

Bond Calculator

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