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Durban North, Durban North, Durban North, KwaZulu-Natal
R 2 780 000
An Exceptional Luxury Residence with Unmatched Investment Appeal CALLING ALL INVESTORS TO GRAB THIS OPPORTUNITY ON STUDENT ACCOMDATION. 9 BEDROOM , 4 BATHROOM FREE STANDING HOUSE Welcome to a truly remarkable free-standing property where space, sophistication, and income-generating potential meet in perfect harmony. This expansive residence offers 9 beautifully proportioned bedrooms and 4 stylish bathrooms, thoughtfully designed to deliver both comfort and versatility on a grand scale. Currently operating as an exclusive student accommodation for AFDA Drama University attendees, the property already has students in residence, ensuring immediate rental income from the moment of purchase. With a proven monthly income of approximately R62,000, this is a seamless, high-return investment for the discerning buyer. From the moment you enter, you are greeted by a sense of openness and possibility. The home’s generous layout allows for seamless living, whether you envision it as a premium rental property or a luxurious residence for a large or extended family. Most of the bedrooms are complemented by private en-suite bathrooms, offering a level of privacy and convenience that elevates everyday living. Outdoors, the property features a swimming pool, just waiting to be serviced and restored to its full glory—perfect for entertaining, relaxing, or enhancing tenant appeal. Adding even more value, the owner has already begun constructing a 10th bedroom, with the structure in place—an exciting opportunity to effortlessly expand the home and further increase its already impressive rental yield. Ideally situated in close proximity to Gateway and other sought-after shopping centres, the location offers both convenience and lifestyle appeal, ensuring strong ongoing demand from tenants and future homeowners alike. This property is more than just a home—it is a lifestyle investment. Whether you are an investor seeking strong, consistent returns or a buyer in search of a spacious, luxurious residence with added income potential, this opportunity is truly one of a kind. Calling all investors: do not miss out on this amazing offer. A fully operational student accommodation with immediate returns, strong demand, and future growth potential—this is an opportunity you simply cannot afford to overlook. Enquire today and secure this exceptional property. Book your viewing now ,
Estimated monthly repayment
R 26 252
on a R 2 502 000 bond over 20 years at 11.25%
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Durban North, Durban North, Durban North, KwaZulu-Natal
Liivra AI market value
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Listed by
Noluthando Coetzee
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