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13 Bedroom Apartment / Flat For Sale in Morningside

R6 500 000

Bedroom icon 13 7 2 537m2
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13 Bedroom Apartment / Flat For Sale in Morningside

125 SMISO NKWANYANA Road

Bedroom icon 13 7 2 537m2

13 Bedroom Apartment / Flat For Sale in Morningside

125 SMISO NKWANYANA, Road

R6 500 000

Monthly Bond Payment: R

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Bond calculator

  • ZAR
  • BWP
  • EUR
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  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR
7 Bedroom icon 13 2 537m2

Features

  • Parking 6
  • Lounge 6
  • Aircon
  • Pets Allowed
  • Access Gate
  • Kitchen
  • Paving
  • Family TV Room

Description

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  

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 2,800

Property Details

Web Ref RXFO-8080
Property Type Apartment / Flat
Erf Size 537m2
Bedrooms 13
Bathrooms 7
Garage 2

Contact Agent

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Barrett Pearson

Team Leader

RE/MAX Address (Berea)

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Ryan Jacobs

Team Member

RE/MAX Address (Berea)

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Adelle McAllister

Candidate Property Practitioner

RE/MAX Address (Berea)

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Enquiry about property Ref:RXFO-8080

R6 500 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Barrett Pearson

Team Leader

RE/MAX Address (Berea)

Agent profile picture

Ryan Jacobs

Team Member

RE/MAX Address (Berea)

Agent profile picture

Adelle McAllister

Candidate Property Practitioner

RE/MAX Address (Berea)

MessageCall me back Whatsapp
Book a viewing

Contact Barrett Pearson

Agent profile picture

Barrett Pearson

Team Leader


RE/MAX Address (Berea)

Show number

Show number

Enquiry about property Ref:RXFO-8080