24 Bedroom House in Musgrave

Tyson Properties is proud to present this well-positioned student accommodation property for sale in the heart of Musgrave.

This is an outstanding investment opportunity: a recently renovated, three-storey student accommodation building located just a short walk from Durban University of Technology DUT, making it highly desirable for student housing.

Property Details:

Total size: 1,407 m2

Selling price: R13,700,000.00 excluding VAT and utilities

Rates: R27,000.00 per month

24 ensuite bedrooms and an additional 5 bedrooms adjacent to the main property.

8 accomodate three sleepers,16 rooms accomodate two sleepers and 3 rooms accomodate single sleepers-all rooms are occupied except for one.

Kitchen on each floor. The second and third floor have private kitchens and bathrooms.

TV lounge

3 storerooms

Ample parking for students and visitors

Key Features:

Recently renovated

Registered on the NSFAS database

Walking distance to DUT

Large stand offering excellent potential for extension or redevelopment

Secure property, conveniently located close to transport routes and amenities

Ready for immediate occupation and ongoing income generation. This can also be utilised as a Boutique hotel

This property is ideal for investors seeking to grow their portfolio in the high-demand student accommodation market.