A long term investment property in prime area of Morningside Manor. This a stand of about 3750m2 subdivided into 2 stands and the other side has a house with 9 bedrooms 8 ensuites and 1 common bathroom plus a 2 bedrooms cottage all still to be completed. The other side of the stand divided by durawall is still virgin ground. So this is ideal for someone looking for long term investment and not instant rewards. The place has huge potential since one can turn that into private residence, Airbnb, lodge, flats for tenants etc. If one decides to start by finishing the in-completed built up area one can rake +-100k per month through renting out the rooms only plus the cottage. Price is R5900000 and negotiable a bit but not too much.
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