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.
Purchase Price R 14 500 000
Building Size1360.00 m2
Type of PropertyBuilding
Monthly Rates13804.29
Land Size346.00 m2
FurnishedYes
Last Updated12 Oct 2026
SecurityYes
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