R 2 750 000 | 9 bed property for sale in windermere

Property Description

Prime Developer & Investor Package: Dual Properties on Percy Osborn Road ?An exceptional opportunity has arisen to acquire two contiguous parcels of land totaling approximately 1,400 m² in the heart of Morningside, Durban. ?Offered jointly for R2.75 Million, this property package delivers immediate cash flow alongside substantial long-term capital growth or redevelopment potential. ?Property Breakdown: ?Configuration: 2 independent residential dwellings (9 Bedrooms, 5 Bathrooms total) ?Land Size: ±1,400 m² combined footprint ?Current Yield: Generating approx. R32,000 p/m in rental revenue ?Parking: Generous on-site parking capacity ?Zoning Potential: Excellent candidate for medium-to-high density residential development (subject to local authority consents) ?Whether you are looking to retain the existing structure for steady passive income, redevelop the site into modern sectional-title units, or accommodate a large extended family, this property offers unmatched versatility. ?Enquire now to discuss figures or schedule a property inspection. Properties individually sold 1. R1 300 000 2. R1 750 000 reduced


Property Details

Purchase Price R 2 750 000

Type of PropertyHouse

Last Updated25 Jul 2026

Rooms

Bedrooms9

Bathrooms5

Property Location

Similar Property in nearby suburbs

Agent

Kathija Lehry

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