3 Bedroom House For Sale in Morningside

R1,850,000

Monthly Bond Repayment R20,048.58
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RL19056

Investment Opportunity !!!

Off Lilian Ngoyi Road, this is a perfect investment opportunity .....

Currently occupied by tenants - needs complete renovations to be your own or an investment opportunity with current owners proposed plans.

Current owners proposal of 42 micro units within a 4 storey building - ground floor level 16 parking bays with 3 floors of 14 residential units.

Self contained units approximately 18sqm with en-suite and kitchenette. This versatile model can be developed to accommodate students or rented out as bachelor units.

- application approved by Land Use Management , currently with Development Applications and Approval department
- construction drawings and engineers specification have also been completed which basically means this is ready to go after approval.

Current architect and engineer are happy to assisting in final submission process at a fee to be discussed.

Rates R 1607
E&OE