New Listing

Commercial - Commercial Property for sale in Greyville, Durban

R36,000,000
  1. 736m²
  2. Web Ref: 1006020

Property Features

ERF Size 736 m²
Rates R6,700 per month
Building Size 2264m²

Student Accommodation Building For Sale

Berea Commercial offers this building which is now available on a busy road on public transport routes is this 6 story building that has been revamped and aimed at accommodating students. The building is split into two sides. One half has 15 private apartments and 5 retail stores.

The other side has 82 rooms all en suite that can accommodate 186 Students. Additional advertising income of R 50 000 per month per billboard that can be mounted on the building. A total of 3 billboards can be placed. Contact Mahomed Jooma for an exclusive viewing by appointment.

Income:
Apartments - R62 000.00
Retail - R48 000.00
Student accommodation - R450 000.00 (estimated)

Contact the broker

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