R 40 000 000
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Commercial space in Durban CBD

289 m²

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.

Property details

  • Listing number T4352754
  • Property type Commercial
  • Erf size 289 m²
  • Rates and taxes R 6 175

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