Prime Developer & Investor Package: Dual Properties on Percy Osborn Road
An exceptional opportunity has arisen to acquire two contiguous parcels of land totaling approximately 1,400 m² in the heart of Morningside, Durban.
Offered jointly for R2.75 Million, this property package delivers immediate cash flow alongside substantial long-term capital growth or redevelopment potential.
Property Breakdown:
Configuration: 2 independent residential dwellings (9 Bedrooms, 5 Bathrooms total)
Land Size: ±1,400 m² combined footprint
Current Yield: Generating approx. R32,000 p/m in rental revenue
Parking: Generous on-site parking capacity
Zoning Potential: Excellent candidate for medium-to-high density residential development (subject to local authority consents)
Whether you are looking to retain the existing structure for steady passive income, redevelop the site into modern sectional-title units, or accommodate a large extended family, this property offers unmatched versatility.
Enquire now to discuss figures or schedule a property inspection.
+27 (0)72 387 5525
+27 (0)72 387 5525
whatsapp agent
kathijasm47@gmail.com
kathijasm47@gmail.com
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