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R2,649,000
For Sale

Description

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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