Grand Old Charm: For Sale R2 520 000 Spacious Family Home with Character!
High-Yield Student Accommodation Investment – Reservoir Hills
7 Bedrooms | 4 Bathrooms | Asking Price: R2,520,000
An exceptional income-generating student accommodation opportunity located in the heart of Reservoir Hills, just minutes from UKZN Westville — one of Durban’s most in-demand student nodes.
This spacious 7-bedroom, 4-bathroom home is ideally configured for student housing or multi-tenant rental, offering strong occupancy, reliable cash flow, and long-term capital appreciation. Its close proximity to the university ensures consistent year-round demand, making it a low-vacancy, high-yield investment.
Reservoir Hills is a well-established, elevated suburb known for its leafy surroundings, safety, and accessibility. The area provides easy access to major transport routes, shopping centres, schools, and places of worship, all of which enhance tenant retention and investor confidence.
Investment Highlights
Prime location near UKZN Westville
Ideal layout for student accommodation
High bedroom-to-price ratio
Strong rental demand with low vacancy risk
Established suburb with proven capital growth
Suitable for immediate rental or further optimisation
Income Potential (Estimated)
± R3,500 – R4,500 per room
Estimated monthly income: R24,500 – R31,500
Estimated annual gross income: R294,000 – R378,000
(Income dependent on room configuration, furnishing, and management model)
Value-Add & Future Upside
Potential to reconfigure for additional rooms (subject to approval)
Furnishing can significantly increase rental yield
Ideal for both hands-on and passive investors
Strong resale appeal as a proven income-producing asset
This property represents a solid, scalable investment for buyers looking to enter or expand their student accommodation portfolio near a major university hub.
📊 Market valuation available on request.
📩 Serious investor enquiries welcome.
7 Bedrooms | 4 Bathrooms | Asking Price: R2,520,000
An exceptional income-generating student accommodation opportunity located in the heart of Reservoir Hills, just minutes from UKZN Westville — one of Durban’s most in-demand student nodes.
This spacious 7-bedroom, 4-bathroom home is ideally configured for student housing or multi-tenant rental, offering strong occupancy, reliable cash flow, and long-term capital appreciation. Its close proximity to the university ensures consistent year-round demand, making it a low-vacancy, high-yield investment.
Reservoir Hills is a well-established, elevated suburb known for its leafy surroundings, safety, and accessibility. The area provides easy access to major transport routes, shopping centres, schools, and places of worship, all of which enhance tenant retention and investor confidence.
Investment Highlights
Prime location near UKZN Westville
Ideal layout for student accommodation
High bedroom-to-price ratio
Strong rental demand with low vacancy risk
Established suburb with proven capital growth
Suitable for immediate rental or further optimisation
Income Potential (Estimated)
± R3,500 – R4,500 per room
Estimated monthly income: R24,500 – R31,500
Estimated annual gross income: R294,000 – R378,000
(Income dependent on room configuration, furnishing, and management model)
Value-Add & Future Upside
Potential to reconfigure for additional rooms (subject to approval)
Furnishing can significantly increase rental yield
Ideal for both hands-on and passive investors
Strong resale appeal as a proven income-producing asset
This property represents a solid, scalable investment for buyers looking to enter or expand their student accommodation portfolio near a major university hub.
📊 Market valuation available on request.
📩 Serious investor enquiries welcome.
Monthly Rates
R1,567.94
Features
Interior
Exterior
Sizes
Listing Info
Reservoir Hills, Durban
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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.
