# House for sale in Morningside, Durban

- **Price:** R5,000,000
- **Location:** Morningside, Durban
- **Web Ref:** 1352778

## Details

- ERF Size 684 m²
- Building Size 680m²
- Rates R7,000 per month

## Description

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.

## Office

- Durban North — 087 095 1317

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[View this property on rawson.co.za](https://rawson.co.za/property/for-sale/durban-north/1352778)