13 Bed Apartment in Morningside

Calling All Investors / Student Accommodation Buyers.

This set of six apartments + 1 smaller bachelor apartment, with each unit spanning approximately 80 square meters, is ideally positioned on Upper Smiso Nkwanyanwa Road, presenting a remarkable investment opportunity. Each apartment comprises two bedrooms, a lounge, a kitchen with a bathroom, and a separate toilet. The entirety of the building features aluminum window panels. All units have been renovated and now showcase granite countertops in the kitchens, alongside comprehensive air-conditioning. Some of the units additionally offer picturesque sea views

Furthermore, the property offers two garages and parking space for up to six cars. The building itself is impeccably maintained, boasting a pristine condition. The associated fees and rates are notably low. Each apartment yields a rental income ranging from R7750 to R8250 per month. Additionally, the apartments are equipped with separate prepaid electricity meters, and water payments are handled individually.

There is a smaller bachelor apartment at the bottom that is also available to rent out