FOR SALE: Luxurious 2 Bedroom, 2 Bathroom Furnished Apartment at Masingita Towers, Morningside
FOR SALE: Luxurious 2 Bedroom, 2 Bathroom Furnished Apartment at Masingita Towers, Morningside
Discover this modern 106m² apartment situated on the 9th floor of the prestigious Masingita Towers in the heart of Morningside. Fully furnished and designed for both comfort and style, this property offers an exceptional investment opportunity.
Apartment Features
• 2 Spacious Bedrooms: Stylish and equipped with ample built-in cupboards. • 2 Modern Bathrooms: Includes an en-suite main bathroom and a second guest bathroom. • Open-Plan Living: Elegant kitchen, dining, and living areas with high-end finishes. • Spectacular Views: Enjoy stunning vistas of Sandton from the 9th floor. • Fully Furnished: Move-in ready with quality furniture and appliances.
Amenities at Masingita Towers
• 24/7 Security: Access-controlled entry, CCTV surveillance, and patrolling guards. • On-Site Restaurant: Dine conveniently at the sophisticated in-house restaurant. • Swimming Pool: Perfect for relaxation and leisure. • Fitness Centre: Stay active in the fully equipped gym. • High-Speed Wi-Fi: Fibre-ready for work or entertainment. • Concierge Services: Catering to your every need.
Prime Location
Situated in Morningside, this property offers unparalleled access to: • Sandton CBD: Close proximity to corporate offices, Sandton City, and Nelson Mandela Square. • Shopping & Dining: Surrounded by top-class restaurants, bars, and shopping centers. • Healthcare: Near leading private hospitals and clinics. • Transport: Easy access to the Gautrain and major transport routes.
Investment Opportunity
The apartment is Airbnb-friendly, making it ideal for investors. With an average of 22 nights booked per month at R2,500 per night, it generates significant rental income. Alternatively, it can be rented long-term for R35,000 per month.
Financial Breakdown
• Short-Term Rental ROI: 14.67% annually (based on average bookings and rates). • Long-Term Rental ROI: 9.33% annually (based on a monthly rental of R35,000).
Asking Price: R4,500,000
This apartment combines luxury, location, and exceptional income potential.
Don’t miss out on this rare opportunity! Contact me today to arrange a viewing. 
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Disclaimer: While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
