Fully Equipped Student Accomodation for Sale
R15,500,000.00
South Beach, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP8443 |
| Asking Price : | R15,500,000.00 |
| Bedrooms : | 40.0 |
| Ownership : | S/Title |
| Land Size : | 349m² |
Description
Prime Student Accommodation Investment – South Beach
Exceptional investment opportunity in the heart of South Beach! This fully equipped and operational student accommodation property is designed to comfortably house 80 students across 40 bedrooms.
Property Features:
Ground Floor:
10 bedrooms
4 showers
Fully fitted kitchen
Spacious lounge
Dedicated study area
First & Second Floors (each floor):
15 bedrooms per floor
5 showers per floor
Fully fitted kitchen
Lounge
Study area
The property is well-maintained and structured to provide comfortable, functional student living with ample communal facilities on each level.
Investment Highlights:
Existing NSFAS contract at R4,500 per student
Approximate monthly income: R380,000
Fully operational and income-generating
High-demand student location in South Beach
This property is sold together with a second property of similar specifications, offering a rare opportunity to acquire a substantial, income-producing student accommodation portfolio.
Asking Price: R30 million (for both properties).
Serious investors seeking strong, stable returns in the student housing sector should not miss this opportunity.
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Contact the Agent
Nandipha Jojo » +27 84 611 4355
[email protected]
Your Information
Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.
