This well positioned property is situated towards the coastal periphery of the Durban CBD and close to the intersection of Cato Street and Anton Lembede (Smith) Street. Anton Lembede (Smith) Street is a busy arterial which links Durban’s Beach precinct to the Durban’s Central Business District. The property is within walking distance to the Durban ICC and enjoys very high vehicular and pedestrian exposure.

This property comprises of a 4-storey building that has been converted and is well adapted for Student accommodation. The ground floor comprises of 2 study rooms, a large open plan area that hosts the communal kitchen area and communal lounge. This level accommodates 15 rooms with communal shower and ablution facilities.

The first and second floor host 34 rooms each, with communal shower and ablution facilities. The third floor is made up of 16 rooms with communal showers and ablution facilities as well as a large, slabbed area. The roof level above the third floor is slabbed and hosts 1 storage shed.

The property comprises a total of 99 rooms which are made up of either 1, 2 or 3 sleepers. In total the property can accommodate 210 individuals. The property is currently tenanted on a month-to-month basis.

The neighbourhood within the immediate vicinity of the property comprises mostly of, multi-level warehousing, residential block of flats, hotels, retail space and is the vehicle sales hub of the CBD. The property is also close to various tertiary institutions, the Hilton Hotel, the Kingsmead Cricket grounds and the Kingsmead Office Park.

The Victoria Embankment and the Durban Harbour are easily accessible; as well as the M4 and N3 Freeways.

This node has enjoyed improved cleanliness and upgraded security which have stimulated new investment by injected capital into urban regeneration projects in the area.