Investment Opportunity - 11 Bedroom House For Sale in Morningside

Berea ZA Show map

SALE PRICE

USD 279 113.57

Original price: USD 279113.57
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Sorry, no exchange rate USD Price on request 279113.57

1239 m²

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.

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Available from:

23.04.2024

Year of Construction:

2010

Type:

House

4001 KwaZulu-Natal Berea South Africa

Amenities

Air Conditioning
Intercom

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Outdoor Amenities

Balcony
Fully Fenced

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