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SALE PRICE
Original price: USD 1756625.64
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6154 m2
3 floors
6154 m2
10 car spaces
This 54-unit student accommodation houses 146 students from UKZN's Westville and Edgewood campuses.
The accommodation is co-ed and operates under a three-year contract accredited by NSFAS.
There are rooms with one, two, or three sleepers. Each apartment has its own refrigerator, desks, and cabinets. Each of the three floors shares a kitchen and bathroom.
There are two television rooms, three common study rooms, and one shared laundry room with communal washlines.
The building provides biometric access and CCTV cameras in all communal areas. The building is located in the center of Durban's bustling CBD and is convenient to all facilities.
Monthly income of R581,777.00, with monthly expenses of R84,511. The annual return on investment is 18%. Don't miss out on this fantastic investing opportunity.
Available from:
29.04.2024Year of Construction:
2008Type:
Investment
Broker: Pam Golding Properties Durban
4001 KwaZulu-Natal Durban South Africa
This is a property advertisement published and maintained by Pam Golding Properties Durban and does not constitute binding information for this property. Although we require advertisers to provide accurate information, we can only publish these advertisements in good faith and have not verified any claims or statements or inspected the advertised properties, locations or offers. Primemasters does not own or control and is not responsible for the properties, facilities, site content, products or services provided or advertised by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the above. We therefore accept no liability arising from the confidence placed in us by readers or persons to whom such information is made available. You must conduct your own research and seek independent professional advice before making any decision to purchase, rent or invest in property.
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