Web Ref No TPR23941

Prime Investment Opportunity – Student Accommodation in Musgrave
An exceptional investment opportunity in the heart of Musgrave, ideally suited for student accommodation or a boutique hospitality venture such as a B&B.

This well-positioned property is currently operating as a fully tenanted student residence, housing students from Durban University of Technology (DUT). The property features 11 spacious bedrooms, 3 of which are en-suite, and a communal kitchen thoughtfully designed with individual cupboards for each student.

Security and convenience are key highlights, with CCTV surveillance, electric fencing, and both a front and rear entrance ensuring peace of mind.

Key Features:
11 bedrooms (3 en-suite)

Communal kitchen with individual storage

CCTV and electric fencing

Dual access: front and rear entrances

Walking distance to DUT

On major public transport routes

Close to shops, malls, and essential amenities

Monthly rental income: R40,000+

The property boasts a large backyard with substantial development potential. Its zoning allows for vertical expansion, making it an ideal project for those looking to scale their student housing portfolio or convert it into a boutique lodge or guesthouse.

Whether you're an experienced investor or new to the student accommodation market, this property is not to be missed.

📞 Contact us today for more information or to schedule a private viewing.