🏢 Prime Investment Opportunity – Fully Let Block of Flats 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
📊 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
Features
Zoning
Sizes
Parking Bays
Listing Info
Morningside, Durban
Queensburgh has grown in popularity mainly because of its great location, it includes as many as ten suburbs. Situated south west of the City of Durban it is centrally located to the southern industrial suburbs and Pinetown’s industrial areas and just a short drive from the Pavilion shopping centre, Pinetown, Chatsworth, central Durban. Accessibility to the main highways is good with the M7/ N2 /N3 highways all being within easy reach. The Queensburgh area developed when early settlers wanted to escape from the humidity of the coast and so they headed to the inland hills. In 1924 four residential suburbs in the area being Malvern, Escombe, Northdene and Moseley combined to form the town of Malvern. In 1952 to celebrate the...
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
