13 Bed Flat in Morningside

Engel & Vlkers presents a remarkable investment opportunity on Upper Smiso Nkwanyanwa Road, this well-maintained apartment building comprises six spacious apartments and one smaller bachelor apartment. Each of the six apartments spans approximately 80 square meters, featuring two bedrooms, a lounge, a kitchen, a bathroom, and a separate toilet. The units are designed with aluminum window panels and have undergone recent renovations to include modern granite countertops in the kitchens and comprehensive air-conditioning. Select units also offer picturesque sea views, adding to their appeal.

The property is complemented by two garages and parking space for up to six cars, ensuring convenience for tenants. The entire building is impeccably maintained, reflecting its pristine condition and making it an attractive option for both investors and tenants. The associated fees and rates are notably low, enhancing the investment''s profitability.

Each apartment generates a rental income ranging from R7750 to R8250 per month. Additionally, the apartments are equipped with separate prepaid electricity meters, and water payments are handled individually by the tenants, simplifying utility management.

The smaller bachelor apartment at the bottom of the building also presents a rental opportunity, expanding the potential for additional income.

Don''t miss out on this exceptional investment opportunity in a prime location. Schedule a viewing today to explore the full potential of this lucrative property on Upper Smiso Nkwanyanwa Road.