Apartment for sale
Student-friendly urban living steps from UKZN and Scottsville Mall, secure Chapters Complex with 24-hour guarded access and fibre — two-bedroom, one-bath apartment ideal for rental income.
Prime Investment Apartment in Scottsville | Walk to UKZN | Secure, High-Demand Complex
Situated in the highly sought-after Scottsville precinct, this well-positioned apartment within the renowned Chapters Complex offers the perfect blend of secure living, convenience, and strong investment appeal. Whether you are a young professional looking for a stylish starter home or a savvy investor seeking consistent rental income, this property ticks all the right boxes.
Ideally located just a short 5-minute walk from the University of KwaZulu-Natal (UKZN) Pietermaritzburg Main Campus and approximately 50 metres from the bustling Scottsville Mall, this apartment is positioned in one of the most in-demand rental zones in the city. Its proximity ensures continuous tenant demand, particularly from students, making it a reliable income-generating asset.
The apartment, set on the 1st floor, is cleverly configured to accommodate 4x students sharing OR 2x Professionals sharing a kitchen and bathroom OR a bachelor for a young professional, featuring 2 spacious bedrooms that comfortably house up to four occupants. The layout is practical and inviting, with a well-sized bathroom, a functional kitchen, and a seamless flow into the living space—creating a comfortable environment for both studying and everyday living.
Security and peace of mind are key highlights of this complex, with 24-hour guarded access, an electric perimeter fence, a guardhouse, and controlled entry, making it one of the safer residential options in the area. Additional conveniences such as fibre internet connectivity and prepaid electricity enhance both tenant satisfaction and cost management.
With an estimated rental income of approximately R10,000 per month based on student sharing (R2,500 pp), this sectional title unit presents an excellent entry point into the student accommodation market or a low-maintenance addition to an existing property portfolio.
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Key Features & Investment Highlights:
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This is a rare opportunity to secure a strategically located, income-generating apartment in one of Pietermaritzburg’s most active rental hubs. With demand driven by proximity to UKZN and surrounding amenities, this unit offers both immediate returns and long-term capital growth potential.
Don’t miss out — contact us today to arrange your private viewing and secure this prime investment opportunity.
Listed for sale at R530,000
Similar properties pricing
Price comparison based on 8 similar-sized 2-bed homes.
Insight
Priced 43% below the local median - and below the typical range across Pietermaritzburg.
Compared with 8 similar homes (11 listings) across Pietermaritzburg.
The lower price may partly reflect the smaller floor size. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Scottsville is a well-established, leafy suburb in Pietermaritzburg that offers a convenient lifestyle for families and students alike, thanks to its proximity to top-tier schools, the University of KwaZulu-Natal, and essential commercial hubs.