Secure steady student rental income a short walk from campus in sought-after Scottsville, set within an established neighbourhood and offering ample land for expansion.
Don’t miss out on this superb investment opportunity in the sought-after suburb of Scottsville.
If you are an investor looking to benefit from the ever-thriving student accommodation market, this property is perfectly positioned to deliver excellent returns.
Set in a well-established neighbourhood and within walking distance to the university, the property offers convenience and strong rental demand, making it ideal for student housing.
Property Features:
The main house offers:
The flatlet section comprises:
The property also offers ample land space, providing room for additional parking or further development to maximise rental income.
While the property requires some TLC, it presents a fantastic opportunity to add value and unlock its full income-generating potential.
?? A smart investment with endless possibilities.
?? Make an offer today – Call me to arrange a viewing.
Listed for sale at R2,200,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 46 listings in Pietermaritzburg (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Affordability
R 21,596 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
46 similar listings
High similar-home inventory town-wide (Pietermaritzburg)
Median time on market: 91 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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Scottsville is a well-established, centrally located suburb in Pietermaritzburg offering a mix of residential properties, convenient amenities, and proximity to educational institutions, making it a desirable area for families and professionals.
* Distances and amenities are approximate.