This property with a site extent of over 9 000 m² was previously known as the popular Tradewinds Hotel and Conference Centre located in Mtunzini. This renovated hotel has now been designed for student accommodation, which has been approved by NSFAS to accommodate 122 students amongst 59 rooms. It is strategically located within transport routes, shopping centres, dining spots and a short driving distance from the University of Zululand. Student accommodation has been redefined by blending the sophistication of a hotel with the vibrant communal atmosphere of student life.

The property is secured with concrete palisade, wall and wire mesh fencing and the yard passages are paved while the remaining areas are concreted or tarred.

The accommodation blocks comprise of rooms that currently sleep 2 and 3 students, dispersed amongst double storey and single storey improvements. Majority of the rooms have their own bathroom facilities however there are also communal bathrooms available. Rooms are fitted with beds, cupboards, chairs, desks and majority of them with air-conditioners. Some rooms have their own geysers and some share geysers. The property has been accredited and graded by National Student Financial Aid Scheme (NSFAS). There are fire extinguishers, fire hoses and CCTV cameras in place.

The configuration of the accommodation for student accommodation is 35 ex hotel rooms, 20 back packers/dormitory rooms and 4 existing shops converted into rooms.

A small portion of the property is currently being utilized by Mtunzini Spar for parking purposes. There is no formal lease agreement in place, however Mtunzini Spar maintains this portion of the property only.

Apart from the various accommodation blocks positioned on the property, the property features a pool, bar area, TV rooms, study rooms, entertainment rooms, catering kitchens, staff facilities, offices, ample parking and further development land.

The property has endless potential, to be used as student accommodation as currently utilized or as a retirement village, fast food outlet / restaurant or multiple residential conversions however all necessary approvals and consents must be obtained from the Municipality.

It should be noted that all movable assets within the property to continue with the Student Accommodation, the JOJO tanks with pressure and borehole pumps will form part of the sale.

All other movable assets within the property are specifically excluded from the sale which includes the CCTV cameras.

It should be noted that the property is accredited as “A-Grade” and approved to accommodate 122 Students as per the National Student Financial Aid Scheme (NSFAS). This “A-Grade” certification is valid for 3 years. As such, the property has the potential to generate a monthly income of R451 430.50 (No Vat) per month if fully occupied. Further to the above, the other facilities such as the Restaurant has the potential to generate a further R30 000.00 per month.

Mtunzini is a small coastal town that is situated almost exactly halfway along KwaZulu-Natal's coastline in South Africa approximately ±140 km North of Durban and ±43 Km South of Richards Bay.

Hely Hutchinson Street is one of the main roads that runs through the town of Mtunzini. The street links directly to the N2 approximately ±2 Km south of the property.
Mtunzini boasts, among other attractions, pristine beaches, AA-Event and Guest Houses, numerous bed-and-breakfast establishments as well as a range of camping, caravanning and other self-contained holiday accommodations.

The property is positioned adjacent to a SPAR and TOPS Retail outlet and within walking distance from the Kingfisher Square Shopping Centre. The property is positioned approximately a 10 minute drive from the University of Zululand. The Mtunizini Bowl Club as well we as the Mtunizini Glof Course is positioned within walking distance from the property.

All modern day amenities can be found within the town of Mtunzini.