5 Bedroom House for sale in Morningside

This well-maintained investment property offers excellent rental returns and flexible leasing arrangements. The main house comprises 5 bedrooms, all individually rented, generating a steady income of R15,000 per month at R3,000 per room. In addition to the main house, the property features four separate bachelor units located on the same premises. One unit is rented at R3,800, while the remaining three units are rented at R3,500 each, bringing in a combined income of R14,300 if all are rented out. Total rental wil be R29300 CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Berea) operates in terms of a franchise agreement with RE/MAX of Southern Africa.