This property is literally over the fence, pic shows position of DUT on botanic gardens road. Zoning description GR1 Usage, Tourism and Hospitality.
So if you in the market for a student accomodation business, this is the perfect start, as Location is Key.
The property consists of 10 bedrooms, accomodating 20 students at R3000 per student will yield R60000 per month, with an investment below R3m
Consists of 3bathrooms, 1 kitchen, communal lounge and 5 parking spaces
The GR1 zoning gives you the flexibility of building another level and doubling your turnover
Viewing strictly by appointment to pre-approved clients
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Details
Updated on June 7, 2023 at 10:31 am
Reference #: 1343559
Price:R2,649,000
Suburb / Town: Durban
Property Type: House
Bedrooms: 10
Bathrooms: 3
Living Areas: 1
Stand Size: 412.0 m²
Rates & Taxes: R 5020
Key Property Features
Fibre Internet
Additional Features
Secure Parking:5
Bedroom Features:
beds, cupboards, curtains, tiled floors
Bathroom Features:
shower, bath, basin, toilet
Kitchen Features:
fitted cupboards, stove, microwave
Garden Features:
study areas
Security Features:
camera, electric fence, fully gated and walled
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Total you will repay
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* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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