R14,500,000

R14,500,000

173m² Building For Sale in South Beach
Print

FOR SALE - HIGH YIELD STUDENT ACCOMMODATION - DURBAN CBD

Web Ref. TPC1724
Land size 175.00 m²
Floor size 173.00 m²
Monthly Bond Repayment
R132,637.19
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 Beds)*
1 x 1-Sleeper | 9 x 2-Sleeper | 5 x 3-Sleeper = *34 Beds*

- *1st Floor: 34 Rooms (71 Beds)*
2 x 1-Sleeper | 27 x 2-Sleeper | 5 x 3-Sleeper = *71 Beds*

- *2nd Floor: 34 Rooms (71 Beds)*
2 x 1-Sleeper | 27 x 2-Sleeper | 5 x 3-Sleeper = *71 Beds*

*Total 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 Rooms_

*Why 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 classes

Ideal for serious investors looking for immediate cash flow and long-term capital growth.

All financials, occupancy certificates and viewing available to qualified buyers.
Monthly Rates R13,804.29

Features

Zoning
Commercial
Interior
Furnished
Exterior
Security
Sizes
Land Size 175 m²
Floor Size 173 m²
Listing Info
Date Listed 22-09-26

South Beach, Durban

Disclaimer

While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.