R5,490,000

R5,490,000

22 Bedroom Apartment Block For Sale in Springfield
22
Bedrooms
14
Bathrooms
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22 Bedroom multi let complex for sale

Web Ref. RL9056
Land size 1645.00 m²
Monthly Bond Repayment
R55,736.06
Income-Generating Residential Portfolio for Sale in Morningside

An exceptional investment opportunity comprising six spacious, fully renovated 3-bedroom duplexes, each approximately 151m², together with a fully renovated 4-bedroom apartment measuring approximately 160m². Situated along a popular road in Morningside, the property portfolio consists of four separate buildings and offers an established rental operation with leases already in place. All units are fully air-conditioned and feature aluminium windows throughout, with renovations completed and no additional immediate expenditure required.

Offering an advertised **10% return on investment**, this property presents an attractive opportunity for investors seeking a well-maintained residential portfolio with established tenants and income-generating potential. The combination of multiple residential units, generous floor areas and a sought-after Morningside location makes this an excellent addition to an investment portfolio, providing the potential for ongoing rental income and long-term capital appreciation.

Contact Humera or Maurice to arrange your exclusive viewing today.
Monthly Rates R3,803

Features

Interior
22 Bedrooms
14 Bathrooms
6 Kitchens
6 Lounges
6 Dining Rooms
Exterior
7 Parkings
Pet Friendly
Sizes
Land Size 1,645 m²
Listing Info
Date Listed 12-11-26
Time Listed 10:02

Disclaimer

While every effort will be made to ensure that the information contained within the Legacy Real Estate Group website is accurate and up to date, Legacy Real Estate Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.