1 360 m² Commercial space in South Beach

Details

FOR SALE - HIGH YIELD STUDENT ACCOMMODATION - DURBAN CBD An exceptional opportunity to acquire a high-performing, fully let student accommodation building in the heart of Durban''s Smith Street corridor - prime location for DUT, UNISA and CBD colleges.This is a turnkey investment with a proven rental model and excellent income diversification across 4 income-generating floors.Verified Accommodation Breakdown: 176 Student Beds- Ground Floor: 15 Rooms 34 Beds1 x 1-Sleeper | 9 x 2-Sleeper | 5 x 3-Sleeper 34 Beds- 1st Floor: 34 Rooms 71 Beds2 x 1-Sleeper | 27 x 2-Sleeper | 5 x 3-Sleeper 71 Beds- 2nd Floor: 34 Rooms 71 Beds2 x 1-Sleeper | 27 x 2-Sleeper | 5 x 3-Sleeper 71 BedsTotal Verified: 83 Rooms 176 Beds [As per circled calculation]With 3rd Floor: 16 Rooms 1 x 1-Sleeper | 15 x 2-Sleeper - Total building 99 RoomsWhy Investors Love This Asset:- Maximum Yield Model: Optimized mix of 1, 2 and 3-sleeper rooms designed for student co-sharing - 176 secure income streams from one title- Superior Location: Smith Street is the most sought-after student node in Durban - walking distance to transport, retail, and campuses - ensuring 100 occupancy- Scalable & Manageable: Identical layouts on 1st & 2nd floor for efficient management- Recession-Proof: Student housing is one of SA''s strongest performing asset classesIdeal for serious investors looking for immediate cash flow and long-term capital growth.All financials, occupancy certificates and viewing available to qualified buyers.

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