R1,825,000
Monthly Bond Repayment R19,462.34
Calculated over 20 years at 11.5% with no deposit.
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Ideal investment property!
Introducing a lucrative investment opportunity nestled in the serene neighborhood of Morningside, boasting breathtaking sea views and consistent returns. This property presents a rare chance to own a dual-unit building, each offering enticing features and generating a combined monthly income of R19,000.
Unit 1 welcomes residents with its spacious layout comprising three bedrooms, ideal for families seeking comfort and ample space. A well-appointed main bathroom caters to daily needs, while the separate kitchen and dining area provide functional and versatile spaces for culinary endeavors and entertaining guests. The allure of this unit extends to the upper level, where the main bedroom opens onto a balcony, offering sea views. Adding to its appeal, tenants can enjoy the convenience of a private garage, a lush garden oasis perfect for relaxation, and the added bonus of a pet-friendly environment, ensuring every family member feels at home.
Unit 2 mirrors the charm of its counterpart, boasting the same desirable layout of three bedrooms, a main bathroom, and a well-designed kitchen and dining area. Similar to Unit 1, the main bedroom in Unit 2 also graces residents with a balcony, inviting moments of tranquility while admiring the scenic views. However, this unit further elevates the living experience with the inclusion of a laundry and storeroom, catering to practical needs and offering additional storage solutions. Completing the package, Unit 2 also features a private garage, a secluded garden retreat, and the assurance of being pet-friendly, ensuring utmost comfort and convenience for tenants.
Investing in this property not only secures a steady stream of rental income but also offers the opportunity to capitalize on the thriving real estate market in Morningside. With its desirable location, stunning views, and well-appointed units, this investment property promises both immediate returns and long-term growth potential. Don't miss out on the chance to own your own investment building and embark on a lucrative journey in the world of real estate.
Unit 1 welcomes residents with its spacious layout comprising three bedrooms, ideal for families seeking comfort and ample space. A well-appointed main bathroom caters to daily needs, while the separate kitchen and dining area provide functional and versatile spaces for culinary endeavors and entertaining guests. The allure of this unit extends to the upper level, where the main bedroom opens onto a balcony, offering sea views. Adding to its appeal, tenants can enjoy the convenience of a private garage, a lush garden oasis perfect for relaxation, and the added bonus of a pet-friendly environment, ensuring every family member feels at home.
Unit 2 mirrors the charm of its counterpart, boasting the same desirable layout of three bedrooms, a main bathroom, and a well-designed kitchen and dining area. Similar to Unit 1, the main bedroom in Unit 2 also graces residents with a balcony, inviting moments of tranquility while admiring the scenic views. However, this unit further elevates the living experience with the inclusion of a laundry and storeroom, catering to practical needs and offering additional storage solutions. Completing the package, Unit 2 also features a private garage, a secluded garden retreat, and the assurance of being pet-friendly, ensuring utmost comfort and convenience for tenants.
Investing in this property not only secures a steady stream of rental income but also offers the opportunity to capitalize on the thriving real estate market in Morningside. With its desirable location, stunning views, and well-appointed units, this investment property promises both immediate returns and long-term growth potential. Don't miss out on the chance to own your own investment building and embark on a lucrative journey in the world of real estate.
Features
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
2.5
Kitchen
2
Reception Rooms
4
Furnished
No
Exterior
Garages
2
Security
No
Parkings
4
Pool
No
Scenery/Views
Yes
Sizes
Land Size
616m²