8 Bed Student accommodation or Air BnB Potential or Large family home For Sale- Priced well- Scottsville

Area- Ernest tooth road, Scottsville Extension, Pietermaritzburg

R1 990 000– FREESTANDING 9-BEDROOM HOME WITH EXCELLENT INVESTMENT POTENTIAL

Scottsville Extension, Pietermaritzburg

Asking Price: R2,000,000 – Negotiable to the closest cash offer

Looking for a property with space, versatility and serious income-generating potential? This substantial freestanding home in Ernest Tuthill Road, Scottsville Extension offers an exciting opportunity for investors, entrepreneurs or a large extended family.

With nine bedrooms in total, including an outside flatlet, this property lends itself perfectly to a number of possibilities, including student accommodation, Airbnb, guesthouse/B&B accommodation, a work-from-home business or a spacious family residence with extended family living arrangements.

PROPERTY FEATURES

* 9 bedrooms in total

* 8 bedrooms in the main house

* 1 outside flatlet

* 6 showers in total

* Main bathroom with 3 showers

* Second bathroom with 2 showers

* Outside flatlet with its own shower

* 3 toilets in total, including a guest toilet and the flatlet bathroom

* Outside flatlet with its own shower, basin and toilet

* Built-in cupboards/wardrobes in each bedroom

* Tiled throughout

* Spacious kitchen with ample cupboard space

* Separate scullery

* Plumbing/fittings for washing machine and dishwasher

* Dining room

* Fireplace

* Secure parking for approximately 6 vehicles behind locked gates

* JoJo water tank

* Water and electricity municipality billed

A PROPERTY WITH MULTIPLE POSSIBILITIES

The layout and bedroom capacity make this property particularly attractive to investors looking to create an income-producing accommodation business.

It could be ideally suited to:

Student Accommodation – With UKZN’s Pietermaritzburg campus situated in Scottsville on King Edward Avenue, the location offers convenient access to one of the city’s major student hubs. (University of KwaZulu-Natal??)

Guesthouse / B&B – The generous number of bedrooms provides scope for a guest accommodation setup, subject to the necessary approvals and compliance requirements.

Airbnb / Short-Term Accommodation – An opportunity to explore short-term accommodation in a well-positioned part of Pietermaritzburg.

Large or Extended Family Home – Plenty of bedrooms and bathrooms make this an excellent option for a large family requiring separate accommodation for extended family members.

Business Opportunity – The property offers the space and flexibility to potentially be adapted for an accommodation-related business, subject to municipal and zoning requirements.

PRIME SCOTTSVILLE LOCATION

Situated in Scottsville Extension, the property is conveniently positioned close to UKZN Pietermaritzburg, with the university’s main campus located on King Edward Avenue in Scottsville. (University of KwaZulu-Natal??)

The area also provides easy access to a variety of amenities, schools, shopping, entertainment and sporting facilities, including:

* University of KwaZulu-Natal – Pietermaritzburg Campus

* Golden Horse Casino and Hotel

* Scottsville Racecourse

* St Charles College

* Alexandra High School

* Scottsville Primary School

* St John’s Diocesan School for Girls

* Pietermaritzburg CBD and surrounding business areas

Golden Horse Casino is located in the Scottsville area, close to the racecourse and several schools and amenities. (hotels??)

The property is approximately a few kilometres from the UKZN Pietermaritzburg campus, making this a particularly interesting proposition for student accommodation or an investment buyer. Exact travel distance may vary depending on the route taken.

INVESTMENT OPPORTUNITY

At R1 990 000 negotiable to the closest cash offer, this property represents an opportunity to acquire a substantial freestanding home with significant flexibility and potential.

Whether you’re looking to accommodate students, establish a guesthouse or short-term rental business, or simply need a spacious home for a large extended family, this property offers the space, location and versatility to make your vision a reality.

Free bond pre-qualification is available through our agency as a complimentary service to assist prospective purchasers in determining their affordability and bond approval potential.

Kindly contact the agent to arrange a private viewing appointment.