R 3 300 000 | 12 bed property for sale in berea

Property Description

This strategically located investment gem is bursting with potential and ready for a visionary buyer to unlock its full value. Whether you're looking to convert it into student accommodation, a boutique hotel, or a modern medical suite, this property presents an exceptional opportunity in one of Durban’s most sought-after locations. Location: Ideally situated on Steve Biko Road in Berea, directly opposite the Durban University of Technology (Steve Biko Campus) — a high-traffic, high-demand zone for both residential and commercial tenants. Property Features: Main Building: Currently operating as a medical suite Includes 8 rooms, 1 kitchen, and 1 toilet Secure parking for 4 vehicles Back Building: Currently leased to a fashion design business Offers 4 rooms, 1 kitchen, and 1 toilet This property is perfectly positioned to generate strong, consistent rental income with the right configuration. With high foot traffic, proximity to tertiary institutions, and commercial appeal, it is ideally suited for multi-unit residential, student housing, or professional suites. A rare opportunity for developers and investors looking for a high-yield conversion project. The layout allows for expansion and partitioning to increase rental units and maximize returns. Don't miss out — view it to truly appreciate the potential! Contact us today to arrange a private viewing. 12 bedrooms 2 bathrooms 2kitchnens 2 lounge areas 1 dining area 4 parking bays


Property Details

Purchase Price R 3 300 000

Type of PropertyCluster

Last Updated30 Jul 2025

Rooms

Bedrooms12

Bathrooms2

Property Location

Similar Property in nearby suburbs

Agent

Sandra Smit

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