N° MLS: 429563

962 890 US$ USD

17 995 000 ZAR

  • Total de quartos
    96
  • Espaço mínimo vendível
    412m²
Os detalhes

Características do imóvel

Área

  • Tamanho do imóvel: 412m²
  • Tamanho do terreno/lote: 650m²
  • Quartos: 54
  • Casas de banho: 42
  • Total de quartos: 96

Descrição

Student Accommodation Investment Opportunity in Durban Central

Unlock a remarkable investment opportunity in the heart of Durban Central! This expansive property features 42 fully furnished rooms, each with ensuite bathrooms, offering the perfect solution for student accommodation. Designed for comfort and convenience, this property is an ideal choice for investors looking to cater to the growing student population in the area.

Key Features:

Accommodation Capacity: The property includes 42 individual bedrooms, configured as 1, 2, and 3-sleeper rooms, providing versatility to accommodate various student needs. Additionally, there are 6 separate 2-bedroom units, bringing the total accommodation capacity to 121 students.

Established Contract: The property has an existing 5-year accreditation contract with the National Student Financial Aid Scheme (NSFAS) specifically for Durban University of Technology (DUT) students, ensuring a steady stream of residents and income.

Shared Amenities:

Fully Equipped Kitchens: Enjoy the convenience of 8 fully equipped kitchens, allowing students to prepare their own meals and fostering a communal living experience.

,92,000Conference and Bar Facilities: The property features dedicated conference room space suitable for meetings and events, along with bar facilities for social gatherings.

Communal Areas: A communal study room and a communal TV room provide relaxation and study spaces for students, encouraging a vibrant community atmosphere.

Laundry Facilities: Onsite laundry facilities ensure convenience for all students.

Security Features: The property is secured with 24-hour security guards and comprehensive CCTV coverage, ensuring the safety and peace of mind for all students.

This well-structured property in Durban Central is an outstanding investment opportunity, with the necessary infrastructure and contracts in place to cater to a thriving student community. With its prime location, comprehensive amenities, and established accreditation, this property is poised to provide excellent returns.

Rental Income = Aprox R 653,400
Expenses = Aprox R 90,000

WHOPPING TOTAL INCOME OF R 561,400 per Month!!!

Don’t miss out on this fantastic opportunity—schedule your viewing today!

Localização

Durban, KwaZulu Natal, África Do Sul
Cortesia de Century 21 Bluff