Sitar
presenting Sitar
An exclusive Property investment offer
private residence
Private Medical residence based in central Durban
demand
This offering is a high demand low availability segment
ROI
White House offers15% Return On Investment
investment share
Minimum investment value
R 50 000
investment opportunity available in Durban Central
The proposed development of SITAR is based in the central Durban area, within the popular residential node. The property is surrounded by residential units owned within LSM 6-9 and rented by LSM within 5-8. The rental market in the area varies between student, room let and high-end houses (+- R25k /m). Sales in the area range from 1 bed units at R 500 000, to 4 bedroom, 4 bathroom houses at around R 5million.
Our development will focus on the following tenant:
- Nurses employed at hospital (20k/pm)
- Newly qualified Doctors working at the hospitals (either government or private)
Local amenities
- 3 private schools
- 2 universities
- 3 hospitals (private)
- 3 malls (with at lease 2 nation anchor in each)
- 2 police stations
Target Market
Base on the current demand and supply of accommodation in the area we have analyzed the following: