Wentworth · Apartment For Sale
20 Bedroom Apartment For Sale in Wentworth
- R 16,999,000
- 20 bd
- 6 ba
- 1597 m²
Investment Opportunity: Student Accommodation in Durban
Description:
This exceptional property offers a strong investment opportunity in the Durban student accommodation market. The property comprises two sections:
Existing Student Accommodation: A well-established student complex that currently houses 108 students. Each unit boasts its own private bathroom and a fully equipped kitchen for convenient living. With a contract already in place, this section guarantees immediate rental income.
Development Land: An adjoining vacant piece of land presents an excellent opportunity for further development. This prime location, earmarked for student accommodation, allows you to expand your rental capacity and maximize returns.
Additional Highlights:
Security: The property prioritizes student safety and security. On the property is CCTV and a control room, Access to the property is also monitored for extra security.
Accessibility: Located on a bus route, residents enjoy easy access to surrounding amenities and educational institutions.
Investment in this property offers:
Stable Income: Existing rental contract ensures a steady income stream.
Development Potential: Expand your capacity and rental income with the designated development land.
High Demand: Student accommodation remains in high demand in Durban, making this a secure investment.
This property is ideal for investors seeking a lucrative opportunity in the growing student accommodation market. Don't miss out on this chance to secure your investment!
Security
Call Renaldo Geldenhuys for more info or for a personal viewing time slot.
Property Information & Features
- Property Type
- Apartment
- Listing Type
- For Sale
- Location
- Wentworth, Durban
- Price
- R 16,999,000 · Get Pre-Qualified
- Price per m²
- R 10,644
- Floor Size
- 1597 m²
- Erf Size
- 3254 m²
- Bedrooms
- 20
- Bathrooms
- 6
- Residential Zoning
- Yes
- Study/Office
- Yes
Map & Nearby
Price Trends · Wentworth, Durban beta
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The current average sales price for a 3 bedroom property in Wentworth on ImmoAfrica.net is R 1,249,667
The current average sales price for a 2 bedroom property in Wentworth on ImmoAfrica.net is R 795,000
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Currently, there is not enough data to give you an estimated price. Please check back soon.
| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | ||
| 1 Bed | ||
| 2 Bed | R 795,000 | |
| 3 Bed | R 1,249,667 | |
| 4 Bed | ||
| 5 Bed |
| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | ||
| 1 Bed | ||
| 2 Bed | R 10,743 | |
| 3 Bed | R 4,251 | |
| 4 Bed | ||
| 5 Bed |
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