R12,000,000

R12,000,000

28 Bedroom Apartment Block For Sale in Musgrave
28
Bedrooms
28
Bathrooms
6
Garages
Print

2 bedroom for sale in CBD

Web Ref. DPR22872
Land size 1032.00 m²
Floor size 71.00 m²
Monthly Bond Repayment
R117,797.20
~_Dormehl Phalane Glenwood presents this prime Student Accommodation–
🏠 Location: Heart of Musgrave, Durban – steps from University of KwaZulu-Natal (Edgewood & Howard College), DUT Steve Biko ( Durban University of Technology) public transport, shops & cafes.

🌟 Capacity: 70+ beds (mix of 2‑bed & 4‑bed ensuite rooms) – 100% occupancy potential.

✨ Features & Amenities
- Fully furnished with quality beds, desks, wardrobes & curtains
- Modern kitchens & communal living areas (Wi‑Fi ready, DSTV, laundry facilities)
- 24/7 security, gated access & CCTV surveillance
- Regular cleaning & maintenance schedule – property is well‑maintained and looks brand‑new
- All utilities (water, electricity, high‑speed internet) included in a competitive rental package

💡 Investment Highlights
- High occupancy rate – consistently 95%+ throughout academic terms
- Strong rental yields – average R2,500–R3,000 per student per month
- Low vacancy risk – proximity to campus & limited competition
- Turnkey operation – current mana
Monthly Levy R1,664
Monthly Rates R11,293
Total R12,957

Features

Interior
28 Bedrooms
28 Bathrooms
28 Kitchens
28 Lounges
1 Dining Room
Exterior
6 Garages
Security
Sizes
Land Size 1,032 m²
Floor Size 71 m²
Listing Info
Date Listed 01-12-25
Time Listed 10:27

Disclaimer

While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.