R3,000,000

R3,000,000

6 Bedroom House For Sale in Musgrave
6
Bedrooms
3
Bathrooms
Exclusive Mandate
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High-Yield Student Accommodation Property - Musgrave, Close to DUT

Web Ref. CPR466
Land size 814.00 m²
Monthly Bond Repayment
R29,951.39
Maximize your returns with this strategically located investment property, already set up and operating as student accommodation. Situated in a prime Musgrave location with quick access to the Durban University of Technology (DUT) and the N3, this property is a turnkey solution for savvy investors.

The home is currently configured to accommodate up to 25 students, providing a substantial and reliable income stream.

Key features that make this property an ideal investment include:

9 Rooms, 3 Bathrooms: The existing layout is designed for multiple occupants, minimizing conversion costs.

Income-Generating Granny Flat: A separate, self-contained unit offers an additional revenue stream.

Secure Parking: Drive-in access with secure parking for up to 7 cars is a major draw for students.

Low-Maintenance Garden: A neat outdoor space adds to the property's appeal without requiring extensive upkeep.

This is a rare chance to acquire a high-demand student accommodation property in a sought-after area. The groundwork is done; the income potential is immense.
Call me now to book a viewing appointment.
Monthly Rates R1,945

Features

Interior
6 Bedrooms
3 Bathrooms
3 Kitchens
1 Lounge
1 Dining Room
Exterior
7 Parkings (Secure Parking, Tandem Parking)
1 Flatlet
Sizes
Land Size 814 m²
Listing Info
Date Listed 08-08-25
Time Listed 10:29

Disclaimer

While every effort will be made to ensure that the information contained within the CARITAS PROPERTIES website is accurate and up to date, CARITAS PROPERTIES makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.