House for sale in Morningside, Durban
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Web Ref: 1352778
Property Features
Prime NSFAS-Accredited Student Accommodation Investment in Berea
Unlock an exceptional investment opportunity with this fully operational, NSFAS approved student accommodation in the heart of Berea. Ideally positioned to serve students from DUT and UKZN Howard College, this income generating property is designed for consistent demand and strong returns.
The property accommodates 26 students and features 6 fully equipped kitchens, 8 bathrooms, dedicated office space, and an additional separate shower and toilet for added convenience.
Currently generating approximately R100,000 per month with operating expenses of around R70,000 per month, this is a turnkey investment offering immediate cash flow and excellent long-term growth potential.
Opportunities like this are rare. Contact us today to secure this high demand student accommodation investment.
Contact the agent
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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*based on purchase price at Prime over 20 years
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