426 m² Commercial space in South Beach

Details

PRIME STUDENT INVESTMENT FOR SALE 100 ROOMS 207 BEDS - FULLY OPERATIONAL & HIGH YIELDINGA rare opportunity to acquire a fully compliant, high-performance NSFAS Student Accommodation building in the heart of Durban''s Central City - one of the most in-demand student nodes in KZN.This 4-storey building is purpose-configured for maximum yield and low management, perfectly positioned on a main bus route and walking distance to DUT, shops and amenities.Accommodation Breakdown - 99 Rooms 207 Beds:- GROUND FLOOR: 15 Rooms 34 Beds1 x 1-Sleeper | 9 x 2-Sleeper | 5 x 3-Sleeper- 1ST FLOOR: 34 Rooms 71 Beds2 x 1-Sleeper | 27 x 2-Sleeper | 5 x 3-Sleeper- 2ND FLOOR: 34 Rooms 71 Beds2 x 1-Sleeper | 27 x 2-Sleeper | 5 x 3-Sleeper- 3RD FLOOR: 16 Rooms 31 Beds1 x 1-Sleeper | 15 x 2-SleeperBuilding Features & Investment Highlights:- NSFAS Accredited Student Tenants - Guaranteed rental demand- Central City Location - On Bus Route, high visibility- Fully Tiled Throughout - Low maintenance- 4 Floors with Communal Facilities:- Communal TV Room- Communal Kitchen- Communal Laundry- 24 Rooms Security First:- Biometric Access Control- CCTV Surveillance- 24 Hour SecurityThis is a turnkey investment generating strong monthly cash flow from day one. Ideal for serious investors looking for a recession-proof asset in Durban''s booming student accommodation market.

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