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Manor Gardens, Manor Gardens, Durban, KwaZulu-Natal
R 1 995 000
Prime Student Accommodation Investment with Strong Rental Returns This spacious 9-bedroom property in Manor Gardens, Durban, presents an exceptional opportunity combining comfortable family living with proven investment potential. Currently operating as successful student accommodation within walking distance of Howard College, the property generates immediate rental income whilst offering flexibility for future use as a large family residence. The home features three generous lounges providing versatile communal and private living spaces, two well-equipped kitchens with ample storage and workspace, and four bathrooms including one ensuite. Nine generously proportioned bedrooms accommodate students or family members comfortably. The property includes a flatlet, providing additional rental income potential or guest accommodation. Practical amenities include paved outdoor areas, a garden, access gate, and guest toilet facilities. Located in Manor Gardens with an 934 sqm erf, the property benefits from excellent connectivity via fibre internet and strategic positioning near Howard College, public transport, shopping centres, and essential services. The established income stream from student accommodation demonstrates strong market demand and rental stability in this sought-after educational hub. Key Features Nine bedrooms with comfortable proportions Four bathrooms including ensuite Three lounges for flexible living arrangements Two kitchens with generous storage Flatlet for additional income generation 934 sqm erf with paved areas and garden Two garages for secure parking Fibre internet connectivity Walking distance to Howard College Proven student accommodation track record This rare investment combines stability with long-term growth potential. Whether expanding an investment portfolio or seeking a spacious home with income generation capability, this property delivers exceptional value. Contact us today to arrange your private viewing and explore this outstanding opportunity. CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Berea) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 18 839
on a R 1 795 500 bond over 20 years at 11.25%
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Manor Gardens, Manor Gardens, Durban, KwaZulu-Natal
Liivra AI market value
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Listed by
Ayanda Ramaphosa
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