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R 18 000 000

Commercial Property for Sale in Durban Central

118 Diakonia Avenue, Durban Central, Durban

650 m²
- m²: 650 m²
- Hectares: 0.065 ha
- Acres: 0.161 acres

Contact Broker

Musa Makhathini

Show Contact Number

Investment Opportunity / Student with Maximum Potential

Prime Student Accommodation Investment Opportunity

Discover an exceptional investment in prime student accommodation, strategically located to serve 120 students from the Durban University of Technology (DUT). This property boasts a prestigious 5-year accreditation by the National Student Financial Aid Scheme (NSFAS), ensuring a steady and reliable tenant base.

Property Features:

- **Room Variety:** The accommodation offers a mix of 1, 2, and 3 sleeper rooms. Each unit is thoughtfully designed with essential furnishings, including desks and cupboards, and select units come with their own refrigerators.

- **Shared Amenities:**

- **Kitchens:** 8 fully-equipped kitchens cater to the students' culinary needs.

- **TV Room:** A comfortable TV room for relaxation and socializing.

- **Study Room:** A communal study room to support academic success.

- **Laundry...

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Property Overview

Listing Number

111067435

Type of Property

Commercial Property

Street Address

118 Diakonia Avenue, Durban Central

Listing Date

17 March 2022

Erf Size

650 m²

Rates and Taxes

R 8 768

Zoning

General Business

Facilities

Bedroom

Main bedroom with en-suite bathroom, built-in cupboards, single bed and tiled floors

Bathroom

Bathroom with basin, shower, toilet and tiled floors

Other

Reception room with tiled floors

Points of Interest

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