AUCT-001452 | SOLD

Student Accommodation Opportunity in Berea

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    2021-07-28 11:00:00
    Student Accommodation Opportunity in Berea

    POWER OF ATTORNEY: Conversion Opportunity of 6 Bedroom Home to Student Accommodation. 26 Prains Avenue, Berea

    Extent: ± 622 m² | 6 Bedrooms / Offices | 1 Bedroom Outbuilding | 2 Driveways | Ideal for Conversion to Student Accommodation

    Berea, KwaZulu Natal


    This property is located on Prains Avenue within the suburb of Berea which lies within three kilometers of the Durban Central Business District. The property is well positioned opposite the parking area of the McDonalds situated on King Dinuzulu (Berea) Road. The property comprises of a double storey main house which appears to have been converted for office use and an outbuilding.

    The main building is a Victorian style double storey home which appears to have been converted for office use. The Ground floor consists of a lounge converted to the front reception area, a kitchen, 3 bedrooms which have been converted to offices and 2 toilets. The first floor comprises of 3 bedrooms and a lounge all of which appear to have been converted to offices. The outbuilding consists of an plan bar and entertainment area and one bedroom with an ensuite bathroom.

    In the recent years, there has been an increased popularity of student accommodation within this node, many residential dwellings have been converted for use as student accommodation facilities due to the close proximity to a number of Tertiary Institutions. The area has at present, mixed uses of residential, commercial and business properties.

    The neighborhood comprises of residential houses and flats, with ground floor shops and upper floor offices. The property is close to the Berea Centre, Musgrave Centre and Davenport Centre and enjoys easy access from the N3. The property is within easy walking distance of retail shopping, restaurants, other forms of entertainment and commercial services. Many educational facilities are in the area. The area is fully-serviced with tarred roads, sewerage; refuse removal, data and telecommunications networks.
    Residential Type:
    House
    Web Reference:
    AUCT-001452
    Final price:
    POA
    Address:
    26 Prains Avenue, Berea, Durban, KwaZulu Natal
    Auction Venue:
    Mount Edgecombe Country Club
    Mount Edgecombe
    Durban
    KwaZulu Natal
    Auction Date:
    28 July 2021 11:00 am



    Auctioneer:
    Auction Terms and Conditions:
    R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

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