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R 40 000 000

Commercial Property for Sale in Durban Central

Durban Central, Durban

Contact broker for street address

289 m²
- m²: 289 m²
- Hectares: 0.029 ha
- Acres: 0.071 acres

Contact Broker

Musa Makhathini

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Established Student Accommodation in CBD

This student Accommodation houses 150 students from UKZN Westville & Edgewood campuses. The Accommodation is co ed and works on a 3 year contract accredited by NSFAS.

There is a mixture of 1, 2 and 3 sleeper rooms. Each unit has its own fridge, desks and cupboards. Each of the 3 floors has a common kitchen and bathroom.

There are 2 TV rooms, 3 Communal study rooms and 1 shared laundry room with communal wash lines. The building offers biometric access and has CCTV cameras in all common areas.

Set in the heart of Durban's bustling CBD, the building is close to all amenities. Total income is R610,604 per month including 3 shops on the ground floor. Total expenses are R70,175 per month with a ROI of 16% don't miss out on this amazing investment opportunity.

Listing number: P24-113380709, Image number: 1

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Property Overview

Listing Number

113380709

Type of Property

Commercial Property

Listing Date

28 September 2023

Erf Size

289 m²

Rates and Taxes

R 6 175

Zoning

General Business

Other Features

Security

24 hour manned complex security including burglar bars, guard house and security gates

Special Features

Special Features 1

Flat roof

Special Features 2

Aluminium windows

Points of Interest

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