Investor-ready freestanding home a short walk to both DUT campuses in Musgrave, on 719m² with pool, double garage, solar geyser and conversion potential for student rentals.
A Strategic Investment
This is not just a plot; it is a complete, freestanding residence on a large 719sqm lot in Musgrave situated walking distance between both DUT Campuses. Zoned General Residential 2, the property is a prime asset for a landlord seeking to invest in student accommodation.
The house offers a solid foundation for conversion subject to municipal approval, with four bedrooms, an office, two full bathrooms, and a large lounge and separate entrance at the rear. The swimming pool, double garage, and parking for four vehicles enhances its value. Practical features like a solar geyser, gas installation, and four air conditioning units are already in place, making it ready for a quick and profitable repurposing into high-value rental units.
Listed for sale at R2,800,000
Price reduced by 10.9% to R2,495,000
How this home compares with 63 active listings in Durban.
Insight
Priced 4% above the local median — but still inside the typical range for Durban.
Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Market depth
63 listings
Similar homes town-wide
104 days
Median time on market
Many similar homes
Active across Durban
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Musgrave is a prestigious, leafy residential suburb known for its historic architecture, central location, and vibrant blend of urban convenience and tranquil suburban living.
* Distances and amenities are approximate.