R 14 400 000 | 28.0 bed property for sale in musgrave

Property Description

~_Dormehl Phalane Glenwood presents this prime Student Accommodation– ?? Location: Heart of Musgrave, Durban – steps from University of KwaZulu-Natal (Edgewood & Howard College), DUT Steve Biko ( Durban University of Technology) public transport, shops & cafes. ?? Capacity: 70 beds (mix of 2-bed & 4-bed ensuite rooms) – 100% occupancy potential. ? Features & Amenities - Fully furnished with quality beds, desks, wardrobes & curtains - Modern kitchens & communal living areas (Wi-Fi ready, DSTV, laundry facilities) - 24/7 security, gated access & CCTV surveillance - Regular cleaning & maintenance schedule – property is well-maintained and looks brand-new - All utilities (water, electricity, high-speed internet) included in a competitive rental package ?? Investment Highlights - High occupancy rate – consistently 95% throughout academic terms - Strong rental yields – average R2,500–R3,000 per student per month - Low vacancy risk – proximity to campus & limited competition - Turnkey operation – current mana


Property Details

Purchase Price R 14 400 000

Building Size71.00 m2

Type of PropertyApartment

Monthly Rates11293.00

Monthly Levy1664.00

Land Size1032.00 m2

Last Updated22 Jun 2026

Rooms

Bedrooms28.0

Bathrooms28.0

External Features

Garages6.0

Carports0.0

Property Location

Private Seller

Elija Mukati

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