240 BED NASFAS ACCREDITED ACCOMMODATION

Glenmore, DurbanContact the agent for the street address

R 65 000 000

Reference 1222

240 Bedrooms
736 m² Erf size

About this property

Positioned in the heart of Glenmore, this well-established student accommodation property presents an outstanding investment opportunity in one of Durban's most sought-after student rental locations. This price is inclusive of 4 separate properties: The Brown House: -21 rooms, accommodates 58 Students -2 kitchens -9 showers -6 Toilets -1 Study room White house: - 31 rooms, accommodates 62 beds (students) - 1 Kitchen - 9 Toilets - 8 showers Black House: -24 rooms, accommodates 59 beds -2 kitchens -7 en-suite bathrooms - 6 showers -4 toilets Teal House: - 23 rooms, accommodates 50 students -9 Toilets - 6 Bathrooms Small Green House: - 6 rooms, accommodates 11 beds (Students) - 1 lounge -2 toilets -1 shower -1 Kitchen Purpose-built to accommodate approximately 240 students, the property is fully configured to provide comfortable, practical living while offering excellent income-generating potential. Set on a generous property of approximately 736m², the accommodation is spread across multiple buildings, each offering a variety of room configurations, fully equipped communal kitchens, bathrooms, study areas and shared living spaces. The layout has been thoughtfully designed to create a functional and welcoming environment that caters to the needs of a large student community. Residents benefit from secure access, private driveways, burglar bars, water tanks and well-maintained communal facilities, ensuring both comfort and peace of mind. The elevated position also enjoys pleasant views of the surrounding area. The property includes several accommodation blocks, providing flexibility for future expansion, staff accommodation or additional communal facilities. Its location, within easy reach of major universities, colleges, transport routes and essential amenities, makes it an attractive choice for students and investors alike. This is a rare opportunity to acquire a high-capacity, income-producing asset in one of Durban's most established student accommodation hubs. Key Features: -Accommodation for approximately 240 students -43 bathrooms -Multiple fully equipped communal kitchens -Dedicated study and communal lounge areas -Secure access with excellent security features -Water tanks -Elevated position with scenic views Excellent location close to major tertiary institutions -Strong investment and income-generating potential

Features

Security: Safe
Wall Options: Brick
Wall Options: Concrete
Public transport nearby: Bus, Minibus Taxi

Bedroom × 99
Water Tanks
Internet Access
Back-up Water Supply
Facing Above Road
New Development, Guesthouse, Suburban, University/College Community, Shared Living
Commercial Parking
Commercial Bathroom
Commercial Kitchen