~_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
Purchase Price R 14 400 000
Building Size71.00 m2
Type of PropertyApartment Block
Monthly Rates11293.00
Monthly Levy1664.00
Land Size1032.00 m2
Last Updated22 Jun 2026
Kitchen28.0
Bedrooms28.0
Bathrooms28.0
Lounges28.0
Dining Room1.0
Garages6.0
SecurityYes
Flooring[ "Tiles" ]
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