- 31
- 6
- 5 584.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 11151.00
Property description
An exceptional investment opportunity awaits with four adjacent properties being sold together as a single parcel, ideally positioned directly across the road from the University of KwaZulu-Natal campus. This prime location presents outstanding potential for student accommodation development in a high-demand area.
The combined extent of the four properties totals 5,584m², offering substantial space for redevelopment or expansion. The site already benefits from existing infrastructure, providing immediate usability while allowing ample room for further development.
There are currently three main buildings on the property, all being utilised as office space and in immaculate condition:
• A double-storey building comprising 12 spacious bedrooms
• A single-storey building comprising 5 bedrooms
• A third building comprising 7 bedrooms
In addition, the property includes numerous outbuildings and flats, bringing the total bedroom count to 31, making this an ideal foundation for conversion into student housing.
This is a rare and valuable opportunity for investors and developers seeking to enter or expand within the student accommodation market. Properties of this size, configuration, and proximity to a major university are seldom available, making this offering particularly attractive for those looking to capitalise on consistent student demand.
Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Property Details
- 31 Bedrooms
- 6 Bathrooms
- 3 Lounges
Property Features
- Aircon
- Fence
- Garden
- Intercom
- Enclosed veranda with bar
- Loft in double story Room
- Four flats
- All four properties are zoned general residential
| Bedrooms | 31 |
| Bathrooms | 6 |
| Erf Size | 5 584.0 m2 |
