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SALE PRICE
Original price: USD 955934.31
The prices shown here are based on exchange rates. The exchange rates are based on various public sources, are for information purposes only and are not considered correct.The actual rates of your bank, credit card company or other institution may vary. Important additional information.
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1597 m2
1 floors
3254 m2
10 car spaces
This exceptional property offers a strong investment opportunity in the Durban student accommodation market.
The property comprises two sections: Existing Student Accommodation: A well-established student complex that currently houses 108 students. Each unit boasts its own private bathroom and a fully equipped kitchen for convenient living. With a contract already in place, this section guarantees immediate rental income.
Development Land: An adjoining vacant piece of land presents an excellent opportunity for further development. This prime location, earmarked for student accommodation, allows you to expand your rental capacity and maximize returns.
Additional Highlights: Security: The property prioritizes student safety and security. On the property is CCTV and a control room, Access to the property is also monitored for extra security
.Accessibility: Located on a bus route, residents enjoy easy access to surrounding amenities and educational institutions.
Investment in this property offers:Stable Income: Existing rental contract ensures a steady income stream.
Development Potential: Expand your capacity and rental income with the designated development land.
High Demand: Student accommodation remains in high demand in Durban, making this a secure investment.
This property is ideal for investors seeking a lucrative opportunity in the growing student accommodation market.
Don't miss out on this chance to secure your investment!
Available from:
21.05.2024Year of Construction:
2007Type:
Investment
Broker: Chas Everitt Durban South
4052 KwaZulu-Natal Bluff South Africa
This is a property advertisement published and maintained by Chas Everitt Durban South 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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