Properties Overview
We are pleased to present an exceptional opportunity to acquire a large, vacant student accommodation facility in the prestigious Windermere area of Durban. The combined extent of the properties is ±5 705m², consisting of four individual properties situated at 8 Lambert Road (±730 m²), 14 Lambert Road (±377m²), 377 Windermere Road (± 2048m²), and 11 Callender Road (± 2048m²). These properties will be sold with vacant occupation, offering significant potential for immediate student housing or redevelopment.

Properties Description
The properties were previously used as a student accommodation facility and comprises of six houses with a total of ±97 rooms, the majority of which feature en-suite bathrooms. Additionally, ±9 rooms were allocated for staff quarters. The communal areas include a large lounge, spacious kitchen and dining hall, cold room, study centre, laundry room, storage room, and 3 garages. The property also offers ±60 parking bays, consisting of ±46 open bays and ±14 under carports, providing ample parking for residents or visitors.

Properties Location
The properties benefit from three prominent road frontages on Lambert Road, Lilian Ngoyi (Windermere) Road, and Callender Road, ensuring high visibility and easy access. The location is ideal for student accommodation, being within walking distance of Clifton College and just a short drive from other major educational institutions. Durban University of Technology (DUT) is ±2.5 km away, the University of KwaZulu-Natal (Howard College Campus) is ±6.5 km away, and Varsity College (Durban North Campus) is ±7 km away. MANCOSA and Regent Business School are also approximately ±2 km from the property.

Area Overview
Windermere is an upmarket and sought-after area known for its exclusive residential appeal, with a mix of sectional title complexes and free-standing homes. Situated on the upper slopes of Windermere, near the vibrant Florida Road, the property offers proximity to several key amenities. These include Musgrave Centre, Windermere Shopping Centre, Jameson and Mitchell Parks, and Moses Mabhida Stadium. The area is also home to a variety of restaurants, cafés, and entertainment options along Florida Road, making it a desirable location for students and professionals alike.