R3,500,000
R3,500,000
8 bedrooms4 bathroomsErf 939 m²
Expenses
Rates and Taxes:
R2,035 per month
House for sale in Scottsville, Pietermaritzburg
Prime Student Accommodation Investment – Scottsville | Near University of KwaZulu-Natal
Positioned in Scottsville, Pietermaritzburg, within close proximity to University of KwaZulu-Natal (UKZN).This property is currently utilised for student housing which accommodates 12 students and brings in a rental income of approximately R45600.00 per month.
This structure caters to both entry-level investors seeking a manageable asset and larger investors looking to scale within an established student accommodation hub.
This property forms part of a larger student accommodation portfolio available for purchase individually or as part of a clustered investment opportunity. The portfolio is being marketed on a per square metre basis, offering investors flexibility to acquire single properties or multiple assets within the portfolio.
Overall, this is a rare opportunity to access a high-demand student accommodation pocket in Scottsville, with the added advantage of immediate usability and future development potential.
To schedule a private viewing or obtain additional information, please get in touch.
Listing details
Rooms
- 8 Bedrooms
- Main Bedroom
- Main bedroom with en-suite bathroom and laminate wood floors
- Bedroom 2
- Bedroom with wooden floors
- Bedroom 3
- Bedroom with wooden floors
- Bedroom 4
- Bedroom with wooden floors
- Bedroom 5
- Bedroom with wooden floors
- Bedroom 6
- Bedroom with wooden floors
- Bedroom 7
- Bedroom with wooden floors
- Bedroom 8
- Bedroom with en-suite bathroom and wooden floors
- 4 Bathrooms
- Bathroom 1
- Bathroom with basin, bath, shower, tiled floors and toilet
- Bathroom 2
- Bathroom with shower, tiled floors and toilet
- Bathroom 3
- Bathroom with shower, tiled floors and toilet
- Bathroom 4
- Bathroom with shower, tiled floors and toilet
- Other rooms
- Kitchen 1
- Kitchen 1 with melamine finishes, stove and tiled floors
- Kitchen 2
- Kitchen 2 with melamine finishes, stove and tiled floors
- Kitchen 3
- Kitchen 3 with melamine finishes, stove and tiled floors
Other features
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Pietermaritzburg Office
7 Wembley Terrace, Pietermaritzburg, 3201, KwaZulu-NatalRegistered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Kemers Properties cc t/a Pam Golding Properties
Pietermaritzburg Office details