fantastic investment opportunity in Morningside, Durban! With 4008 square meters of land and an existing income-generating guesthouse, investors have multiple options to maximize their returns. Whether continuing as a guesthouse, converting it into student accommodation, or developing a multi-story complex, the potential is significant.
A few key selling points to highlight: ✅ Large land size – A rare find in Morningside! ✅ Multiple income streams – Hourly, daily, and monthly rentals. ✅ Zoning: Special Residential 400 – Allows for various development opportunities. ✅ Prime Location – Morningside is a sought-after area with high demand.
This could appeal to property developers, guesthouse operators, and investors looking for long-term appreciation. Are you looking for assistance in refining this listing
Features
Open Parkings 20
Zoning Industrial
Monthly Rates R1,664.96pm Excl. VAT
Floor Size 2,500m²
Land Size 4,008m²
Security Yes
Air Conditioning Yes
Broker Contact Details
Richard Abraham
Tyson Properties Commercial Morningside Office