R 5 950 000
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Commercial space in Musgrave
1 049 m²
Students Accommodation Investment near DUT with Development Potential. Located within walking distance to the DUT campus and close to major public transport routes, this student accommodation property presents a rare investment opportunity in a high-demand area.
The property currently generates a monthly income of R40,000 from 11 well-maintained rooms. Additionally, there is vacant land on-site with approved development potential for a 5-storey building designed to accommodate 60 to 90 studentsperfect for expanding your rental portfolio.
Dont miss out on this income-generating asset with significant future growth potential.
Property details
- Listing number T5056399
- Property type Commercial
- Listing date 25 Apr 2025
- Land size 1 049 m²
- Rates and taxes R 2 170