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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.

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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
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Map & Nearby

Exact location is provided after a viewing has been arranged with the listing broker.

Area Rating · South Beach, Durban

Overall Area Rating

Very Good

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Apartment Block For Sale in South Beach
R 38,000,000
  • 670 m²
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