Commercial Building for sale in Musgrave

Commercial Building for sale in Musgrave - 1DA1698804
  • For sale

R5,950,000

Erf 1049 m²

Expenses

Rates and Taxes: 
R2,170 per month
Listing #: 1DA1698804

Students Accommodation Investment near DUT with Development Potential

Located within walking distance to the DUT campus and close to major public transport routes, this student accommodation property presents a rare investment opportunity in a high-demand area.

The property currently generates a monthly income of R40,000 from 11 well-maintained rooms. Additionally, there is vacant land on-site with approved development potential for a 5-storey building designed to accommodate 60 to 90 students—perfect for expanding your rental portfolio.

Don't miss out on this income-generating asset with significant future growth potential.

Listing details

Other features

    • Roof
    • Metal roof
    • Walls
    • Plastered walls
    • Windows
    • Wood windows
    • Commercial facilities
    • Guest house
    • Boundary
    • Fence, wall boundary
    • Exterior features
    • Washing line
    • Security
    • Electric fence and security gates

Durban Office

344 Florida Road, Morningside, 4001, KwaZulu-Natal
Registered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Durban Metro Props (Pty) Ltd t/a Pam Golding Durban
Durban Office details

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