R 20 500 000 | apartment property for sale in morningside

An exceptional income-generating property in the heart of Morningside, offering high rental returns and long-term investment security. ?? Financial Overview: ?? Monthly Rental Income: R162,500 ?? Annual Rental Income: R1,950,000 ? Fully Tenanted – A lucrative and stable asset. ?? Property Features: ?? 25 Fully Equipped Units – Each designed to accommodate 4 occupants, making it ideal for student or tenant accommodation. ?? Each Unit Includes: ?? Fully Fitted Kitchen – Modern appliances for convenience. ?? Toilet & Shower – Sleek and contemporary finishes. ?? 4 Single Beds – Maximizing space efficiency. ?? Porcelain Tiles – Elegant and low-maintenance flooring. ?? Fridge & Microwave – Essential amenities for tenants. ?? Modern Amenities & Security: ?? Capacity for 100 Tenants – Ideal for student housing or shared accommodation. ?? CCTV & WiFi – Ensuring security and seamless connectivity. ?? On-Site Parking – Space for 12 vehicles. ?? Commercial Spaces – Includes a salon & massage studio on the ground floor PRICE EXCLUDES VAT