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Musgrave, Musgrave, Durban, KwaZulu-Natal
R 14 400 000
Ready-Made Optional Student Accommodation or Apartment Rental. New owner to decide the type of accomodation This modern block of 12 fully fitted units offers an excellent investment opportunity. Each apartment features 2 bedrooms and a lounge, designed to accommodate up to 6 students. Or a Family of 4 members Modern kitchen with fitted hob (oven excluded) and a bathroom with shower. Fully finished with porcelain tiles for a sleek, durable, low-maintenance interior. Had been previously used to accomodate Total capacity: 72 students across the building. Additional Facilities A dedicated study hall, attached to the main building, fitted with cubicle-style desks and individual plug points. A separate dining hall in the common area, large enough for shared meals and student gatherings. A securely built complex with controlled access. Location on Alcock Crescent Prime position with quick access to UKZN and DUT. Nestled in an exclusive, quiet district of Musgrave, popular with students who value both prestige and convenience. Well connected with multiple transport options nearby. Added Value The property previously had a contract with DUT, which was cancelled by the owner but can easily be renewed. ? Move-in ready — perfect for immediate student accommodation or as a prime rental investment. Phone Rafeek Adam
Estimated monthly repayment
R 135 984
on a R 12 960 000 bond over 20 years at 11.25%
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Musgrave, Musgrave, Durban, KwaZulu-Natal
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Fair-value check
Priced highPriced 622% above comparable 4-bed apartments for sale in Musgrave
Based on 39 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Marie Khoza
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