SOLE MANDATE
Web Ref CL28
R7,500,000
Guesthouse potential
This magical gem of a home with 3 smart and private dwellings is hidden in a secure street in Morningside. All 3 buildings bring in rental income. The homes are luxurious and private. The main building has 2 bedrooms, study, open plan lounge and dining area opening to an entertainment patio overlooking a beautifully landscaped garden. Fireplace. Upmarket granite kitchen, separate scullery, staff quarters, dbl auto garages and more. The other 2 buildings are luxurious cottages with large open plan living areas and en suite bedrooms. Private and offering more than you would expect. 2x Double carports service the cottages. Pool. Security. BOREHOLE supports dwellings and garden. Zoning approved for higher density if necessary. Great location. Development or guesthouse opportunities or passive income for the empty nester. Easy access to Summit Road, Rivonia Road, Outspan Road, Coleraine Drive. Close to Redhill School and Morningside Shopping Centre. Asking R8m.
Features
Zoning
Mixed Use
Exterior
Security
No
Sizes
Floor Size
3,965m²
Land Size
3,965m²
Morningside in the news
Prime lending drops to 7.25%
Repo and prime interest drop by 50 basis points.
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