Commercial space 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 Tenants - Perfect for student housing or shared accommodation.

CCTV andamp WiFi - Providing security and seamless connectivity.

On-Site Parking - Space available for 12 vehicles.

Commercial Spaces:

The ground floor includes a salon and massage studio, adding an additional stream of income.

Pricing:

Price Excludes VAT

Take advantage of this remarkable investment opportunityideal for long-term financial growth and stability.

CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Berea) operates in terms of a franchise agreement with RE/MAX of Southern Africa.