R 5 350 000
11 Bed House in Morningside
Investing wisely
This is an excellent opportunity to invest. Could be either home or investment opportunity.
11 tasteful upmarket bedrooms and 11 bathrooms which is currently run as Bed andamp Breakfast. Close by to Mitchell park on a lovely road.
Can be turned into a home for that extended family as it has a 4 bed 4 bath unit an a separate 7 bed 7 bath house in front with parking for 12 to 15 cars so it set as 2 cottages Set on a level ground this pristine well maintained property is located in prime Morningside an close to all amenities.
Alternatively it can be rented with 11 ensuites on long term basis at approximately R8000 month which can boost an excellent income.
Also a fantastic opportunity to market as business an Airbnb.
The skys the limit for the amount of possibilities this property has. With 1239 square meters makes it very marketable for developers, and maybe even the possibility for a private school.
Property details
- Listing number T4059895
- Property type House
- Erf size 1239 m²
- Rates and taxes R 3 600
Property features
- Bedrooms 11
- Bathrooms 11
- Open Parkings 15
- Access Gate
- Intercom
- Electric Fencing