If you’re looking for a property that delivers strong returns and offers exceptional versatility, this impressive 9-bedroom residence in Pietermaritzburg Central is an opportunity you won’t want to miss. Set on a sprawling 1 158 sqm stand, this property has been expertly utilised as student accommodation—already generating steady income and presenting massive potential for further growth.
From the moment you arrive, the home’s unique façade, secure gated entrance, and extensive paved yard set the tone for a property that is both distinctive and functional.
Step inside and you’re greeted by a welcoming lounge filled with natural light, highlighted by warm wooden ceiling finishes and tiled flooring throughout—ideal for low-maintenance living. The spacious kitchen offers abundant storage, solid cabinetry, a gas stove, and practical prep space, making it perfectly suited for high-traffic use such as student or shared accommodation.
With nine generously sized bedrooms—each paired with its own bathroom—the home is perfectly equipped to accommodate multiple tenants comfortably. Additional spaces such as a dining area and a built-in office nook add to the property’s efficiency and easy management.
An impressive bonus is the large covered outdoor area, complete with kitchen facilities—ideal for communal cooking, entertainment, or additional operational use.
The property also includes a dedicated commercial section, currently used to house approximately 60 scholars, offering a rare dual-income setup in a central location where demand for accommodation is consistently high.
Parking is well catered for with a garage plus multiple additional bays. Security features include burglar bars, a security gate, and fully enclosed boundaries, giving both owners and tenants peace of mind.
Situated in a central and highly convenient location, the property is moments away from major schools, tertiary institutions, transport routes, and local businesses—making it an exceptional investment for anyone wanting a high-yield asset with long-term stability.
Whether you’re expanding your portfolio or seeking a property with incredible earning power, this one ticks all the boxes.
Contact Zak to schedule a private viewing!!
