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Durban Central, Durban Central, Durban, KwaZulu-Natal
R 14 950 000
Great investment opportunity A Grade Student Accommodation currently accredited for 121 students The property spans approximately 650m2 per floor and has 3 floors Ground floor * Reception area * Admininistration Office * Conference / meeting / recreational room First and Second floor * 14 Single Rooms * 12 Double Rooms * 8 Three bed Rooms * 6 x 1.5 Bedroom Flats Property in currenlty being renovated and can be expanded to at least 150 students Sold as going concern and owner will assist with accreditation for the next 5 years
Estimated monthly repayment
R 141 177
on a R 13 455 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Durban Central, Durban Central, Durban, KwaZulu-Natal
Area view — the exact address is shared on enquiry.