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R 33 000 000

Commercial Property for Sale in Durban Central

  • Erf Size 6 154 m²
    • m²: 6 154 m²
    • Hectares: 0.615 ha
    • Acres: 1.521 acres
Established Student Accommodation in CBD

Prime Investment Opportunity: Established Student Accommodation in Durban CBD**

Discover a thriving student accommodation property perfectly situated in the heart of Durban’s bustling CBD. Catering to 146 students from UKZN Westville and Edgewood campuses, this NSFAS-accredited property operates on a secure 3-year contract, offering a steady income stream and exceptional ROI.

Property Highlights:

- Accommodation Options: 54 units with a mix of 1, 2, and 3 sleeper rooms, fully furnished with individual fridges, desks, and cupboards.

- Shared Amenities: Each of the three floors features a common kitchen and bathroom, ensuring convenience for residents.

- Recreational and Study Spaces: 2 TV rooms, 3 communal study rooms, and a shared laundry room with communal wash lines.

- Safety and Security: Biometric access and CCTV cameras in all common areas provide...

Prime Investment Opportunity: Established Student Accommodation in Durban CBD**

Discover a thriving student accommodation property perfectly situated in the heart of Durban’s bustling CBD. Catering to 146 students from UKZN Westville and Edgewood campuses, this NSFAS-accredited property operates on a secure 3-year contract, offering a steady income stream and exceptional ROI.

Property Highlights:

- Accommodation Options: 54 units with a mix of 1, 2, and 3 sleeper rooms, fully furnished with individual fridges, desks, and cupboards.

- Shared Amenities: Each of the three floors features a common kitchen and bathroom, ensuring convenience for residents.

- Recreational and Study Spaces: 2 TV rooms, 3 communal study rooms, and a shared laundry room with communal wash lines.

- Safety and Security: Biometric access and CCTV cameras in all common areas provide a secure living environment.

Financial Overview:

- Monthly Income: R581,777

- Monthly Expenses: R84,511

- ROI: An impressive 18% per annum

With its prime location close to all amenities and a proven track record of strong returns, this co-ed student accommodation property is an exceptional investment opportunity.

Don’t miss out—schedule your viewing today!

Listing number: P24-113381451, Image number: 1
Listing number: P24-113381451, Image number: 2
Listing number: P24-113381451, Image number: 3
Listing number: P24-113381451, Image number: 4
Listing number: P24-113381451, Image number: 5
Listing number: P24-113381451, Image number: 6
Listing number: P24-113381451, Image number: 7
Listing number: P24-113381451, Image number: 8
Listing number: P24-113381451, Image number: 9
Property Overview
Listing Number
113381451
Type of Property
Commercial Property
Listing Date
28 September 2023
Erf Size
6 154 m²
Levies
R 18 340
Rates and Taxes
R 15 170
Zoning
General Business
Security
Complex security including burglar bars, intercom and security gates
Special Features
2
Special Features 1
Flat roof
Special Features 2
Aluminium windows
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