Apartment Block For Sale in Musgrave
R3,300,000
Web Ref No 7002001-92067
Prime Investment Opportunity โ High-Yield Potential in Berea/Musgrave!
๐ข Prime Investment Opportunity โ High-Yield Potential in Berea/Musgrave!
Unlock the true potential of this strategically located, income-generating property on Steve Biko Road, directly opposite the Durban University of Technology (Steve Biko Campus). Whether youโre an investor, developer, or entrepreneur, this versatile property is packed with possibilities.
๐ Location:
Situated in the heart of Berea/Musgrave, a prime high-demand area
Across from DUT Steve Biko Campus โ perfect for student housing or commercial rentals
Surrounded by vibrant business hubs, healthcare practices, and educational institutions
๐ Property Highlights:
Main Building:
Currently operating as a medical suite
8 rooms, 1 kitchen, 1 bathroom
Secure parking for 4 vehicles
Back Building (Leased to Fashion Business):
4 rooms, 1 kitchen, 1 bathroom
Stable tenant in place โ immediate rental income
Potential to reconfigure into multi-unit rentals, student accommodation, medical suites, or a boutique hotel
๐ผ Why Invest?
High foot traffic + academic proximity = strong tenant demand
Zoned for residential or commercial use
Scope for expansion, partitioning, or renovation to maximise ROI
Rare chance to secure a property in one of Durbanโs most sought-after locations
๐ Contact us today to book a private viewing and discover how this property can work for your portfolio!