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Student Accommodation Steadfast Golden Opportunity

Durban, Kwazulu Natal, 4162, South Africa

Property ID: #14435550 // Residential
    / 9
Traditional Sale
List Price:
USD $942,493
Icon 4,434.73 ft²
Icon 0.16 acres
Icon 54 beds
Icon 42 baths
Title:
Student Accommodation Steadfast Golden Opportunity
City:
Durban
State, Province or Island:
Kwazulu Natal
Zip Code:
4162
Country:
South Africa
Property Type:
Residential
Additional Property Types:
Other
Property Size:
4,434.73 ft²
Lot Size:
0.16 acres
Beds:
54
Total Baths:
42
Data Source:
Properstar
Listing Link:
MLS/Reference Number(s):
119175495
Source Property Type:
Building

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Property Information

Student Accommodation Investment Opportunity in Durban Central

Unlock a remarkable investment opportunity in the heart of Durban Central! This expansive property features 42 fully furnished rooms, each with ensuite bathrooms, offering the perfect solution for student accommodation. Designed for comfort and convenience, this property is an ideal choice for investors looking to cater to the growing student population in the area.

Key Features:

Accommodation Capacity: The property includes 42 individual bedrooms, configured as 1, 2, and 3-sleeper rooms, providing versatility to accommodate various student needs. Additionally, there are 6 separate 2-bedroom units, bringing the total accommodation capacity to 121 students.

Established Contract: The property has an existing 5-year accreditation contract with the National Student Financial Aid Scheme (NSFAS) specifically for Durban University of Technology (DUT) students, ensuring a steady stream of residents and income.

Shared Amenities:

Fully Equipped Kitchens: Enjoy the convenience of 8 fully equipped kitchens, allowing students to prepare their own meals and fostering a communal living experience.

,92,000Conference and Bar Facilities: The property features dedicated conference room space suitable for meetings and events, along with bar facilities for social gatherings.

Communal Areas: A communal study room and a communal TV room provide relaxation and study spaces for students, encouraging a vibrant community atmosphere.

Laundry Facilities: Onsite laundry facilities ensure convenience for all students.

Security Features: The property is secured with 24-hour security guards and comprehensive CCTV coverage, ensuring the safety and peace of mind for all students.

This well-structured property in Durban Central is an outstanding investment opportunity, with the necessary infrastructure and contracts in place to cater to a thriving student community. With its prime location, comprehensive amenities, and established accreditation, this property is poised to provide excellent returns.

Rental Income = Aprox R 653,400
Expenses = Aprox R 90,000

WHOPPING TOTAL INCOME OF R 561,400 per Month!!!

Don’t miss out on this fantastic opportunity—schedule your viewing today!

Disclaimer

Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on Jul 31, 2026, 12:31 AM CDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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