Investment Opportunity: Student Accommodation in Durban Description:
This exceptional property offers a strong investment opportunity in the Durban student accommodation market. The property comprises two sections:
Existing Student Accommodation: A well-established student complex that currently houses 108 students. Each unit boasts its own private bathroom and a fully equipped kitchen for convenient living. With a contract already in place, this section guarantees immediate rental income. Development Land: An adjoining vacant piece of land presents an excellent opportunity for further development. This prime location, earmarked for student accommodation, allows you to expand your rental capacity and maximize returns. Additional Highlights:
Security: The property prioritizes student safety and security. On the property is CCTV and a control room, Access to the property is also monitored for extra security. Accessibility: Located on a bus route, residents enjoy easy access to surrounding amenities and educational institutions. Investment in this property offers:
Stable Income: Existing rental contract ensures a steady income stream. Development Potential: Expand your capacity and rental income with the designated development land. High Demand: Student accommodation remains in high demand in Durban, making this a secure investment. This property is ideal for investors seeking a lucrative opportunity in the growing student accommodation market. Don't miss out on this chance to secure your investment!
Security
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
