Commercial space in Durban CBD
Established Student Accommodation in CBD. This 54 unit student Accommodation houses 146 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. Income is R581,777.00 per month and expenses is R84,511 per month. ROI is 18% per annum. Don''t miss out on this amazing investment opportunity.
Property details
- Listing number T4353028
- Property type Commercial
- Erf size 6 154 m²
- Rates and taxes R 15 170
- Levies R 18 340