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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
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 70 listings in Durban (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 24,492 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
70 similar listings
High similar-home inventory town-wide (Durban)
Median time on market: 118 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Musgrave is an established, affluent suburb offering a mix of residential tranquility and convenient access to Durban's urban amenities, making it ideal for families and professionals seeking a sophisticated lifestyle.
* Distances and amenities are approximate.
