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Vibrant student living steps from campus, offering immediate rental income with on-site reception and conference room. Large-scale property with 34 bedrooms and 40 bathrooms—renovation upside.
Great Investment Opportunity – Student Accommodation with Exceptional Income Potential
An outstanding investment opportunity offering established student accommodation with excellent income-generating potential. This substantial property spans approximately 650sqm per floor and is currently partially occupied with students already renting, providing immediate earning potential while upgrades are underway.
The ground floor features a welcoming reception area, office space, and a conference room, ideal for administration and management purposes.
The first and second floors offer an impressive accommodation setup comprising:
14 Single Rooms
12 Double Rooms
8 Triple Rooms
6 x 1.5 Bedroom Flats
The property is currently undergoing renovations, presenting an exciting opportunity to add value and maximise future returns. Perfectly suited for investors looking to expand within the student housing sector or secure a high-yield asset with strong growth potential.
A rare opportunity to acquire a large-scale accommodation property with existing tenants and enormous potential.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R4,500,000
Durban Central serves as the primary commercial and administrative hub of KwaZulu-Natal, offering high-density office space, proximity to the continent's busiest port, and a well-established urban infrastructure suitable for logistics, retail, and corporate operations.
* Distances and amenities are approximate.
