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South Beach, South Beach, Durban, KwaZulu-Natal
R 15 500 000
Currently in operation, 40 rooms, accomodates 80 students Current contract with UKZN Monthly income over 300k per month Ground floor 10 rooms 4 showers and facilities Kitchen , lounge and study First floor 15 rooms 5showers and facilities kitchen, lounge and study area Top floor same as first floor Please note that there is a contract with nsfas for 154 students at R4500 and this is year one of the contract period. This property is sold together with another building for R30m For sale to serious buyers with financial means Viewing by appointment
Estimated monthly repayment
R 146 371
on a R 13 950 000 bond over 20 years at 11.25%
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South Beach, South Beach, Durban, KwaZulu-Natal
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Fair-value check
Priced highPriced 2290% above comparable 1-bed apartments for sale in South Beach
Based on 224 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Elmarie Khumalo
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