South Beach · Apartment Block For Sale
670 m² Apartment Block For Sale in South Beach
- R 38,000,000
- 670 m²
Only serious investors /buyers.... Introducing a complete block of flats for sale. Set on a prime location in South Beach Durban. This former student accommodation with a capacity of housing 231 students is a must to be viewed. Property sold fully furnished.
Seven story high rise with 6 flats per floor. All are still individual, 1- 2- and 3-bedroom units with only Ground, 1st and 2nd floors redesigned and converted into rooms. All three floor have communal kitchens, separate bathrooms and toilets on each floor. Approved and passed to the university specification.
Lift in building, CCVT cameras throughout the building, Fire alarm and alarm with zone board, Biometrics, Laundry, Study Hall, Recreational Hall / TV Room, Office, 3 bedrooms out building, 24 Hour man security, JoJo Tank, WIFI, Parking for +- 10 vehicles and room to create more parking.
In the heart of all amenities. Under a minute walk to the uShaka Marine World, shopping malls, Schools, hospitals, Durban`s famous beaches and beach front, on the bus and taxi route and Durban`s harbour.
Bonus- Property can be used as holiday letting over the festive seasons, leased out as private rental units, or converted into a B&B, Guest House, daily rental, back into student accommodation, back-packer's accommodation or according to owners' desires.
Make an offer and this sought-after block could be yours.
Property Information & Features
- Property Type
- Apartment Block
- Listing Type
- For Sale
- Location
- South Beach, Durban
- Price
- R 38,000,000 · Get Pre-Qualified
- Price per m²
- R 56,716
- Floor Size
- 670 m²
- Erf Size
- 988 m²
- Covered Parking Bays
- 3
- Open Parking Bays
- 8
- Commercial Zoning
- Yes