Commercial space in Durban CBD

Established Student Accommodation in CBD. Prime Investment Opportunity: Established Student Accommodation in Durban CBD**

Discover a thriving student accommodation property perfectly situated in the heart of Durbans bustling CBD. Catering to 146 students from UKZN Westville and Edgewood campuses, this NSFAS-accredited property operates on a secure 3-year contract, offering a steady income stream and exceptional ROI.

Property Highlights:

- Accommodation Options: 54 units with a mix of 1, 2, and 3 sleeper rooms, fully furnished with individual fridges, desks, and cupboards.

- Shared Amenities: Each of the three floors features a common kitchen and bathroom, ensuring convenience for residents.

- Recreational and Study Spaces: 2 TV rooms, 3 communal study rooms, and a shared laundry room with communal wash lines.

- Safety and Security: Biometric access and CCTV cameras in all common areas provide a secure living environment.

Financial Overview:

- Monthly Income: R581,777

- Monthly Expenses: R84,511

- ROI: An impressive 18% per annum

With its prime location close to all amenities and a proven track record of strong returns, this co-ed student accommodation property is an exceptional investment opportunity.

Dont miss outschedule your viewing today!