- 2.5
- 1
- 73 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 324.00
Monthly Levy: ZAR 2115.00
Property description
This well-positioned income-generating property presents an excellent opportunity for investors looking to capitalize on the strong demand for student accommodation in the area.
Originally a 2.5-bedroom unit, the property has been converted into a practical 3.5-bedroom layout, with the lounge transformed into an additional bedroom to maximize rental income potential. The property features 1 bathroom and can comfortably accommodate up to 7 students.
Currently operating as student accommodation, this property offers an established rental setup in a sought-after location. Conveniently located within walking distance of Davenport Square, tenants enjoy easy access to shopping facilities, supermarkets, restaurants, public transport, schools, and other essential amenities. The property is also well positioned for students, with easy access to University of KwaZulu-Natal, Durban University of Technology, and University of KwaZulu-Natal.
Situated in a high-demand rental node, this property is ideally suited to investors seeking a property with strong occupancy potential and attractive returns.
Property Features:
• Sole mandate listing
• Converted from a 2.5-bedroom unit to a 3.5-bedroom layout
• Lounge converted into an additional bedroom
• 1 bathroom
• Accommodates up to 7 students
• Currently operating as student accommodation
• Walking distance to Davenport Square
• Close to major tertiary institutions, shopping centres, and public transport routes
• High-demand rental area
• Excellent income-generating potential
A fantastic investment opportunity in a location where rental accommodation remains consistently in demand. Secure this exclusive sole mandate and add a proven income-producing property to your investment portfolio.
Feel free to reach out to arrange a viewing!!
Property Details
- 2.5 Bedrooms
- 1 Bathrooms
- 1 Lounges
Property Features
- Garden
| Bedrooms | 2.5 |
| Bathrooms | 1 |
| Floor Area | 73 m2 |
Contact the Agent
Bhekokuhle Vethe
Candidate Property Practitioner