5 Bedroom House For Sale in Morningside

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Description

Great investment property with 2 semi detached houses and extra rentals - Price is negotiable

Great investment opportunity with a pair of semi detached houses on one erf.

One property is a pre-school and the second property is a residence.

This unique property also has 2 extra rentals on the property with extra granny flats at the back of the property that are rented out making this an excellent investment.

Property 1: Residential Dwelling

A separate, spacious two and a half bedroom home offering exceptional versatility:

Formal lounge , TV Lounge and Dinning room.

A fully equipped kitchen with ample kitchen cupboards , breakfast nook and scullery , eye level oven and separate stove with extractor fan.

 Full bathroom with , bath , shower , toilet and basin.

On-site accommodation, ideal for an owner-operator or live-in caretaker, supporting enhanced security and convenience.

Ample parking, with tandem parking for up to five vehicles

Additional Outbuildings:

Two additional units are currently being used as rental accommodation. They offer immediate passive income to help offset bond repayments.

Property 2: Operational Crèche and Learning Centre

Designed to accommodate multiple age groups, activities, and administrative functions, this facility includes:

Three large, sunlit rooms suitable for age-specific classrooms, nap rooms, activity areas, or a principal's office.

A dedicated dining and kitchen area.

Bathroom facilities

A secure outdoor play area featuring premium AstroTurf-a low-maintenance, mud-free surface ideal for outdoor play, sensory equipment, and gross-motor activities.

Two dedicated drop-off and staff parking bays located at the entrance for quick and convenient access.

Investment Potential

This property will suit a wide range of buyers call me for more information.

Property is GR2 and has permission to demolish.

CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as REMAX Address (Berea) operates in terms of a franchise agreement with REMAX of Southern Africa.

Ryan Jacobs
Ryan Jacobs
REMAX Address (Berea)
Team Member
Registered with the PPRA
FFC 202678007060000
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CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as REMAX Address (Berea) operates in terms of a franchise agreement with REMAX of Southern Africa.