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Student Accommodation In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R3,200,000
Sales Revenue:
R360,000
Cash Flow:
Under R100K

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 Renwick Business S/KZN

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