R 13 700 000 | 24.0 bed property for sale in musgrave

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.