Investment Opportunity - 11 Bedroom House For Sale in Morningside

Berea ZA Show map

SALE PRICE

USD 279 113.57

Original price: 279113.57 USD
The prices shown here are based on exchange rates. The exchange rates are based on various public sources, are for information purposes only and are not considered correct.
The actual rates of your bank, credit card company or other institution may vary. Important additional information.
Sorry, no exchange rate USD Price on request 279113.57

1239 m²

1239 land area

12 car spaces

This is a fantastic opportunity to invest. This might be either a residence or an investment opportunity. 11 beautiful premium bedrooms and 11 bathrooms that are currently operated as a Bed & Breakfast. A beautiful road near Mitchell Park. Can be made into a home for that extended family because it has a 4 bed 4 bath apartment and a separate 7 bed 7 bath house in front with space for 12 to 15 automobiles, so it set up as two cottages. Set on level land, this immaculately maintained property is located in desirable Morningside and close to all amenities.Alternatively, it can be rented out with 11 ensuites on a long-term basis for around R8000 per month, providing a good income. It's also an excellent opportunity to market as a business through Airbnb.The sky is the limit for the possibilities that this site offers. With 1239 square meters, it is quite marketable for developers and may even be suitable for a private school.

Expand description

Available from:

23.04.2024

Year of Construction:

2010

Type:

House

4001 KwaZulu-Natal Berea South Africa

amenities

Air Conditioning
Intercom

Show All

outdoor Amenities

Balcony
Fully Fenced

Show All

This is a property advertisement published and maintained by REMAX Address Berea and does not constitute binding information for this property. Although we require advertisers to provide accurate information, we can only publish these advertisements in good faith and have not verified any claims or statements or inspected the advertised properties, locations or offers. Primemasters does not own or control and is not responsible for the properties, facilities, site content, products or services provided or advertised by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the above. We therefore accept no liability arising from the confidence placed in us by readers or persons to whom such information is made available. You must conduct your own research and seek independent professional advice before making any decision to purchase, rent or invest in property.