Stunning investment property for sale in Morningside !
Commercial Property in Morningside For Sale
Stunning investment property for sale in Morningside !
Monthly Bond Payment: R
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Welcome to the epitome of real estate investment! We present to you a remarkable residential property with business rights, offering the perfect blend of living space and lucrative commercial opportunities. This extraordinary property is located in the heart of Morningside, situated on a prominent commercial road, making it highly sought after for business ventures.
Spanning across the expansive property is a fusion of two spacious maisonettes, meticulously combined to create a harmonious living space. In addition to the main building, there are three separate flatlet areas, each boasting its own charm and potential. Currently, the main building is divided into quarters, generating a substantial rental income from its tenants. Additionally, the separate flatlets can be individually rented, contributing to an impressive 17% ROI.
One of the standout features of this property is its vast land area, allowing for up to 20 parking bays! This abundance of parking space makes it an ideal location for running a successful business. Whether you plan to establish offices, a retail outlet, or any commercial venture, your clients and employees will always find hassle-free parking, a rare gem in today's busy city life.
Situated on a main commercial road, this property benefits from high visibility and easy accessibility. The location is in high demand due to its strategic positioning, surrounded by thriving businesses and a dynamic community. It offers endless opportunities for a variety of commercial endeavors, ensuring your business will be at the forefront of success.
With its unique layout, business rights, ample parking, and prime location, this residential property is a dream investment for those seeking substantial rental income and long-term commercial growth. Don't miss out on this exceptional opportunity to secure your financial future!
For viewings contact Jaret !!!
RE/MAX Sell-ect operates in terms of a franchise agreement with RE/MAX of Southern Africa.
| Bond Payments | R |
| Mun. Rates & Taxes | ZAR 5,700 |
| Web Ref | RXBG-2734 |
| Property Type | Commercial Property |
| Erf Size | 1131m2 |
| Bathrooms | 4 |
Jaret Reddy
Sales Associate
RE/MAX Sell-ect (Phoenix)
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Monthly Bond Payment: R
