NEW
Web Ref JRL42948
R6,899,999
Monthly Bond Repayment R68,888.20
Calculated over 20 years at 10.5% with no deposit.
Change Assumptions
Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter
Prime Res 4 Opportunity | Income-Generating Guest House on 2,000m² Corner Stand
Positioned on a prominent corner stand in the heart of Morningside, this exceptional property presents a rare opportunity for investors, developers, and business owners seeking a strategic location with outstanding future potential.
Set on a generous 2,000m² stand with excellent accessibility from Rivonia Road, the property currently operates as an income-generating guest house, offering immediate revenue while providing numerous opportunities for expansion, redevelopment, or repositioning.
Boasting Res 4 zoning, this property unlocks significant development potential, allowing the next owner to maximise the site's value through further residential development, additional accommodation units, or a mixed-use concept, subject to the necessary approvals.
Its highly visible corner position, coupled with substantial traffic exposure, makes it an ideal candidate for a variety of commercial and professional uses. Medical practitioners, wellness centres, consulting rooms, training facilities, and professional offices will appreciate the accessibility, visibility, and convenience that this location offers.
The property benefits from:
Two separate entrances
Ample on-site parking
Excellent exposure to passing traffic
Established income stream
Significant future development potential
Easy access to major arterial routes, Sandton CBD, and surrounding business hubs
While the property is fully functional and currently operational, it would benefit from a program of maintenance and modernization, providing an incoming purchaser with the opportunity to add considerable value and unlock its full potential.
Whether you're looking for a yield-producing investment, a strategic business premises, or a development opportunity in a prime Sandton location, this versatile property offers all the right fundamentals: location, zoning, exposure, and scale.
A rare opportunity to acquire a high-potential asset in one of Sandton's most established and sought-after suburbs.
Contact us today to arrange a private viewing and explore the possibilities.
Set on a generous 2,000m² stand with excellent accessibility from Rivonia Road, the property currently operates as an income-generating guest house, offering immediate revenue while providing numerous opportunities for expansion, redevelopment, or repositioning.
Boasting Res 4 zoning, this property unlocks significant development potential, allowing the next owner to maximise the site's value through further residential development, additional accommodation units, or a mixed-use concept, subject to the necessary approvals.
Its highly visible corner position, coupled with substantial traffic exposure, makes it an ideal candidate for a variety of commercial and professional uses. Medical practitioners, wellness centres, consulting rooms, training facilities, and professional offices will appreciate the accessibility, visibility, and convenience that this location offers.
The property benefits from:
Two separate entrances
Ample on-site parking
Excellent exposure to passing traffic
Established income stream
Significant future development potential
Easy access to major arterial routes, Sandton CBD, and surrounding business hubs
While the property is fully functional and currently operational, it would benefit from a program of maintenance and modernization, providing an incoming purchaser with the opportunity to add considerable value and unlock its full potential.
Whether you're looking for a yield-producing investment, a strategic business premises, or a development opportunity in a prime Sandton location, this versatile property offers all the right fundamentals: location, zoning, exposure, and scale.
A rare opportunity to acquire a high-potential asset in one of Sandton's most established and sought-after suburbs.
Contact us today to arrange a private viewing and explore the possibilities.
Features
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
4.5
Kitchen
1
Reception Rooms
4
Study
1
Furnished
No
Exterior
Security
Yes
Parkings
1
Flatlet
1
Domestic Accomm.
1
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
548m²
Land Size
2,128m²
