30 Bedroom Guest House For Sale in Morningside

R13,500,000

Monthly Bond Repayment R139,345.43
Calculated over 20 years at 11% with no deposit.

Web Ref No TPR21577

MORNINGSIDE -GREAT POTENTIAL INVESTMENT

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

Bedrooms 30
Security Yes
Floor Size 2,500m²
Land Size 4,008m²
Carports/Parkings 20
Monthly Rates R1,664.96

Agent Contact Details

Richard Abraham
Tyson Properties Morningside Office

Cell 073 873 3699
Office (031) 3129500
WhatsApp Me

Reece Abraham
Tyson Properties Morningside Office

Cell 073 128 7100
Office (031) 3129500
WhatsApp Me

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