R13,700,000

R13,700,000

24 Bedroom Apartment Block For Sale in Musgrave
24
Bedrooms
24
Bathrooms
Print

Student Accommodation Apartments Available

Web Ref. TPR28555
Monthly Bond Repayment
R134,485.14
Tyson Properties is proud to present this well-positioned student accommodation property for sale in the heart of Musgrave.

This is an outstanding investment opportunity: a recently renovated, three-storey student accommodation building located just a short walk from Durban University of Technology (DUT), making it highly desirable for student housing.

Property Details:

Total size: 1,407 m²

Selling price: R13,700,000.00 (excluding VAT and utilities)

Rates: R27,000.00 per month

24 ensuite bedrooms and an additional 5 bedrooms adjacent to the main property.
8 accomodate three sleepers,16 rooms accomodate two sleepers and 3 rooms accomodate single sleepers-all rooms are occupied except for one.

Kitchen on each floor. The second and third floor have private kitchens and bathrooms.

TV lounge

3 storerooms

Ample parking for students and visitors

Key Features:

Recently renovated

Registered on the NSFAS database

Walking distance to DUT

Large stand offering excellent potential for extension or redevelopment

Secure property, conveniently located close to transport routes and amenities

Ready for immediate occupation and ongoing income generation. This can also be utilised as a Boutique hotel

This property is ideal for investors seeking to grow their portfolio in the high-demand student accommodation market.
Monthly Rates R27,000

Features

Interior
24 Bedrooms
24 Bathrooms
24 Kitchens
24 Lounges
24 Dining Rooms
Exterior
24 Parkings
Security
Scenery / Views
Listing Info
Date Listed 08-01-26
Time Listed 14:01

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.