R 10 995 000
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2 500 m² Industrial space in Morningside

20 4 008 m² 2 500 m²

MORNINGSIDE -GREAT INVESTMENT OPPORTUNITY

fantastic investment opportunity in Morningside, Durban! With 4008 square meters of land and an existing income-generating guesthouse, investors have multiple options to maximize their returns. Whether continuing as a guesthouse, converting it into student accommodation, or developing a multi-story complex, the potential is significant.

A few key selling points to highlight:

Large land size A rare find in Morningside!

Multiple income streams Hourly, daily, and monthly rentals.

Zoning: Special Residential 400 Allows for various development opportunities.

Prime Location Morningside is a sought-after area with high demand.

This could appeal to property developers, guesthouse operators, and investors looking for long-term appreciation. Are you looking for assistance in refining this listing

Property details

  • Listing number T5008034
  • Property type Industrial
  • Listing date 18 Mar 2025
  • Land size 4 008 m²
  • Floor size 2 500 m²
  • Rates and taxes R 1 665

Property features

  • Open parking 20

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