174 m² Commercial space in Morningside
Morningside, Durban Central, KwaZulu-Natal
Lettable area read from the listing title — the lister did not state a figure. Confirm on inspection.
Listed by
Richard Abraham
Tyson Properties Morningside
Details
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: R162,500Annual Rental Income: R1,950,000Fully 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 floorPRICE EXCLUDES VAT
Location
Map showing the location of 174 m² Commercial space in Morningside