Commercial flats for sale in Durban Central

Prime Student Accommodation Investment Opportunity.

Discover an exceptional investment in prime student accommodation, strategically located to serve 120 students from the Durban University of Technology (DUT). This property boasts a prestigious 5-year accreditation by the National Student Financial Aid Scheme (NSFAS), ensuring a steady and reliable tenant base.

Property Features:

- Room Variety: The accommodation offers a mix of 1, 2, and 3 sleeper rooms. Each unit is thoughtfully designed with essential furnishings, including desks and cupboards, and select units come with their own refrigerators.

- Shared Amenities:

- Kitchens: 8 fully-equipped kitchens cater to the students' culinary needs.

- TV Room: comfortable TV room for relaxation and socializing.

- Study Room: A communal study room to support academic success.

- Laundry Facilities: A shared laundry room with communal wash lines ensures convenience for all residents.

- Security: The building is equipped with CCTV cameras in all common areas, providing a secure and safe living environment.

Financial Highlights:

- Total Rental Income: R485,749.50 per month.

- Total Expenses: R66,574 per month.

- Return on Investment: An impressive 23%.

Seize this unparalleled investment opportunity with high returns. Secure your stake in this lucrative student accommodation property today and benefit from the thriving demand for quality student housing near DUT. Don't miss out on this exceptional chance to enhance your investment portfolio!