Only serious investors /buyers.... Introducing a complete block of flats for sale. Set on a prime location in South Beach Durban. This former student accommodation with a capacity of housing 231 students is a must to be viewed. Property sold fully furnished. Seven story high rise with 6 flats per floor. All are still individual, 1- 2- and 3-bedroom units with only Ground, 1st and 2nd floors redesigned and converted into rooms. All three floor have communal kitchens, separate bathrooms and toilets on each floor. Approved and passed to the university specification. Lift in building, CCVT cameras throughout the building, Fire alarm and alarm with zone board, Biometrics, Laundry, Study Hall, Recreational Hall / TV Room, Office, 3 bedrooms out building, 24 Hour man security, JoJo Tank, WIFI, Parking for - 10 vehicles and room to create more parking. In the heart of all amenities. Under a minute walk to the uShaka Marine World, shopping malls, Schools, hospitals, Durban`s famous beaches and beach front, on the bus and taxi route and Durban`s harbour. Bonus- Property can be used as holiday letting over the festive seasons, leased out as private rental units, or converted into a B&B, Guest House, daily rental, back into student accommodation, back-packer's accommodation or according to owners' desires. Make an offer and this sought-after block could be yours.
Purchase Price R 38 000 000
Building Size670 m2
Price Per SQMR 56716 m2
Type of PropertyApartment
ZoningCommercial
Land Size988 m2
Last Updated31 Jan 2024
Covered Parking Bays3
Open Parking Bays8
Three Phase PowerYes
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