R 29 500 000 | building property for sale in south beach

*100 ROOMS / 207 BEDS - FULLY OPERATIONAL & HIGH YIELDING* A rare opportunity to acquire a fully compliant, high-performance NSFAS Student Accommodation building in the heart of Durban's Central City - one of the most in-demand student nodes in KZN. This 4-storey building is purpose-configured for maximum yield and low management, perfectly positioned on a main bus route and walking distance to DUT, shops and amenities. *Accommodation Breakdown - 99 Rooms / 207 Beds:* - *GROUND FLOOR: 15 Rooms (34 Beds)* 1 x 1-Sleeper | 9 x 2-Sleeper | 5 x 3-Sleeper - *1ST FLOOR: 34 Rooms (71 Beds)* 2 x 1-Sleeper | 27 x 2-Sleeper | 5 x 3-Sleeper - *2ND FLOOR: 34 Rooms (71 Beds)* 2 x 1-Sleeper | 27 x 2-Sleeper | 5 x 3-Sleeper - *3RD FLOOR: 16 Rooms (31 Beds)* 1 x 1-Sleeper | 15 x 2-Sleeper *Building Features & Investment Highlights:* - *NSFAS Accredited Student Tenants* - Guaranteed rental demand - *Central City Location* - On Bus Route, high visibility - *Fully Tiled Throughout* - Low maintenance - *4 Floors with Communal Facilities:* - Communal TV Room - Communal Kitchen - Communal Laundry - *24 Rooms? Security First:* - Biometric Access Control - CCTV Surveillance - 24 Hour Security This is a turnkey investment generating strong monthly cash flow from day one. Ideal for serious investors looking for a recession-proof asset in Durban's booming student accommodation market.