100 Bedroom Apartment / flat for sale in Musgrave

Positioned close to Durban University of Technology, this exceptional private student accommodation portfolio presents one of the most lucrative high-yield investments currently available in Durban. Comprising four apartment blocks and accommodating over 100 students, the property generates an impressive monthly income of ±R350,000 while operating with remarkably low overheads. One of the four buildings is still underutilised, creating immediate upside potential for additional rooms, increased occupancy, and even greater returns. Built for scale, sustainability, and long-term operational efficiency, the property features filtered drinkable borehole water that has already reduced monthly water costs significantly to approximately R2,500–R3,000, alongside JoJo tanks attached to every building, with the largest tank being 5000l and the smallest 1100l, external geysers on two buildings, and well-maintained infrastructure designed to ensure uninterrupted services. The accommodation comes fully furnished and includes 20 bathrooms, 6 kitchens, an office space, balconies, tiled flooring, and non-flat roofing throughout. Security and student convenience are central to the investment appeal, with a biometric turnstile access control entrance allowing students to walk directly onto campus, along with CCTV surveillance, electric gates, and a fully secure environment. This location within the highly sought-after Musgrave student node ensures constant demand, making this an ideal acquisition for investment groups, large-scale landlords, and companies seeking a premium income-generating asset with strong long-term growth potential. With NSFAS accreditation potential, consistent rental demand, and infrastructure already in place for large-scale student living, opportunities of this calibre rarely come to market. This is not simply a property purchase — it is the acquisition of a high-performing, cash-flowing business in one of Durban’s strongest student accommodation corridors.