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Listing ID: 3032167
Seller ref: 2703

Student Accommodation In Durban For Sale

Durban, KwaZulu - Natal, South Africa

Asking Price:: R3,200,000

Sales Revenue:: R360,000

Cash Flow:: Under R100K

+ 3 images

Affordable Student Accommodation with swimming pool and entertainment area. The home currently accommodates nine students with further potential to accommodate a further four to five students by converting the area below the pool into accommodation. There is unlimited Wi-Fi and furnished communal areas with good security CCTV monitoring. The property has: 5 x single-occupancy rooms, PLUS 2 x shared double-occupancy rooms, 3 x Communal bathrooms PLUS 3 x rooms en-suite, Maxidor on all windows and doors and Ample Parking.

Property Information

Real Estate:: Real Property Included

Location:: The property is located in an upmarket popular area within walking distance of a local popular tertiary education facility.

Business Operation

Expansion Potential:: Opportunity to expand as there is another structure on the property that can be converted to be up to standard to rent out as additional rooms.

Reasons for selling:: Looking to disinvest into channels that are less intensive with retirement.

Years established:: 5 years

Contact Broker

Contact Renwick Business S/KZN

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