- 9
- 8
- 1 987 m2
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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 4425.00
Property description
Prime Multi-Unit Investment Opportunity in Secure Morninghill
Positioned in one of Morninghill’s most desirable boomed areas, this expansive property presents a rare chance for investors seeking strong returns and long-term growth. Its unique layout combines a spacious main residence with several independent living units, making it perfectly suited for guest accommodation, premium rental income, or multi-family occupancy. With close proximity to O.R. Tambo International Airport, major highways, and popular retail and dining hubs, the location ensures consistent demand and high tenant appeal. The main house offers multiple en-suite bedrooms, generous communal spaces, and a fully equipped kitchen, making it ideal for hosting guests or operating as a central hub for short- or long-term rentals. A large dining area, bar, and covered patio flow seamlessly into the established garden, providing additional lifestyle value that attracts occupants. Investors will appreciate that the property is already designed for flexibility, requiring minimal effort to continue as an income-generating operation.
Adding significant value are four self-contained apartments, each with its own kitchen, bathroom, and living space. These units range from one to two bedrooms, with one enjoying a private garden, allowing for diversified rental options at varying price points. Whether let individually or combined into a larger operation, these apartments provide steady cash flow potential. Covered parking and well-planned outdoor spaces further enhance tenant convenience, making the property even more attractive in the rental market. Beyond its current configuration, the property sits on a sizeable stand that offers opportunities for further development or expansion, ensuring future capital growth. Security is another strong selling point, with the property located within a controlled-access suburb that offers both peace of mind and premium rental desirability. For the savvy investor, this property is a turnkey solution that combines versatility, location, and high-yield opportunity.
Contact Deon for viewing.
Property Details
- 9 Bedrooms
- 8 Bathrooms
- 7 Ensuite
- 2 Lounges
- 1 Dining Area
Property Features
Bedrooms | 9 |
Bathrooms | 8 |
Erf Size | 1 987 m2 |