R 5 950 000 | 11 bed property for sale in musgrave

Prime Investment Opportunity – Student Accommodation in Musgrave An exceptional investment opportunity in the heart of Musgrave, ideally suited for student accommodation or a boutique hospitality venture such as a B&B. This well-positioned property is currently operating as a fully tenanted student residence, housing students from Durban University of Technology (DUT). The property features 11 spacious bedrooms, 3 of which are en-suite, and a communal kitchen thoughtfully designed with individual cupboards for each student. Security and convenience are key highlights, with CCTV surveillance, electric fencing, and both a front and rear entrance ensuring peace of mind. Key Features: 11 bedrooms (3 en-suite) Communal kitchen with individual storage CCTV and electric fencing Dual access: front and rear entrances Walking distance to DUT On major public transport routes Close to shops, malls, and essential amenities Monthly rental income: R40,000 The property boasts a large backyard with substantial development potential. Its zoning allows for vertical expansion, making it an ideal project for those looking to scale their student housing portfolio or convert it into a boutique lodge or guesthouse. Whether you're an experienced investor or new to the student accommodation market, this property is not to be missed. ?? Contact us today for more information or to schedule a private viewing.