House for sale
Campus side convenience and easy shopping access in Scottsville, with a versatile seven-bedroom home ideal for student rentals — just 300 m to UKZN and Scottsville Mall.
Discover an excellent opportunity to acquire a versatile seven-bedroom property in the established suburb of Scottsville, Pietermaritzburg. Ideally positioned within approximately 5-minutes` walking distance (300 metres from the main gate) of both the University of KwaZulu-Natal (UKZN) Pietermaritzburg campus and Scottsville Mall, this property offers a strategic location for investors seeking to capitalise on the area`s student rental market.
With its generous bedroom configuration and convenient access to university facilities, shopping centres, public transport and everyday amenities, the property presents an attractive opportunity for student accommodation or multi-letting. Its location may also appeal to tenants seeking affordable shared accommodation close to educational institutions and surrounding commercial facilities.
Whether you are an experienced investor looking to expand your rental portfolio or a first-time property investor seeking an entry point into the student accommodation sector, this property offers a practical foundation with scope to optimise its rental performance.
PROPERTY FEATURES & INVESTMENT HIGHLIGHTS
·Prime Scottsville location within an established residential and student rental precinct.
·Approximately 5 minutes` walk to UKZN (300m), offering convenient access to campus.
·Approximately 5 minutes` walk to Scottsville Mall, with shopping and essential amenities nearby.
·7 bedrooms, providing flexibility for shared student accommodation or multi-letting.
·4 showers, supporting the needs of multiple occupants.
·Freehold property on approximately 824 m2 of registered land, according to the property report.
·Student accommodation potential, subject to the property`s layout, occupancy limits and applicable compliance requirements.
·Convenient access to amenities, including shopping facilities, educational institutions and surrounding services.
·Versatile investment opportunity, with potential to review the rental model and room configuration to improve performance.
·Grade-A NSFAS Accredited with 15 Students
For investors already operating in the student housing market, the property may offer an opportunity to broaden their portfolio in Scottsville. For first-time investors, it provides a starting point from which to evaluate the potential of shared accommodation in an established university precinct.
Opportunities to acquire properties with multiple bedrooms in convenient university locations are worth exploring. If you are looking for a property with student accommodation potential in Scottsville, this 7-bedroom offering deserves your attention.
Contact us today to arrange your private viewing and explore the investment possibilities this property has to offer.
Listed for sale at R1,950,000
Price reduced by 7.7% to R1,799,000
Wide price range across Pietermaritzburg
Prices vary widely across Pietermaritzburg, so a like-for-like comparison isn't reliable for this home.
Below the typical range for Pietermaritzburg.
Market depth
48 similar homes
50 listings across Pietermaritzburg
157 days
Median time on market
Many similar homes
Active across Pietermaritzburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Scottsville is a vibrant, leafy suburb in Pietermaritzburg known for its historic charm, proximity to top-tier educational institutions, and a convenient mix of residential tranquility and urban amenities.