An exceptional opportunity presents itself with this luxury dual-dwelling property set on a single erf, offering unmatched flexibility for high-end student accommodation, boutique BnB, professional offices with consultation rooms, or a premium residential investment. Perfectly positioned in one of Scottsville’s most sought-after corridors, the property is approximately 600 metres from the UKZN Pietermaritzburg Department of Science, making it a strategic location that has historically delivered consistent and full occupancy for student-based investments targeting both UKZN and Varsity College markets.
This immaculate property comprises two fully independent dwellings, each finished to an exceptionally high standard with luxury fixtures, modern design elements, and thoughtful attention to detail. From the moment you enter, the quality is evident — both dwellings are fully tiled throughout with a refined blend of marble-look porcelain tiles, vinyl flooring, and classic parquet, creating a seamless flow through reception areas, kitchens, bathrooms, and living spaces. The main bedrooms in both dwellings are enhanced with plush high-end carpeting, perfectly complementing the floor-to-ceiling high-gloss built-in cupboards and designer wallpapers that add warmth, elegance, and contemporary flair.
All bedrooms and kitchens are fully air-conditioned, ensuring year-round comfort, while designer ceilings with integrated LED spotlights elevate the interior ambience to a true luxury standard. Both dwellings are equipped with gas stoves, offering operational efficiency and meaningful electricity savings — an important consideration for long-term investment performance. Additional lifestyle features include a patio/braai area overlooking a swimming pool, ideal for recreational or enhancement into a communal entertainment space.
Key Property Highlights
·Two fully independent, luxury dwellings on one erf
·High-end finishes throughout: marble porcelain, vinyl & parquet flooring
·Elegant main bedrooms with premium carpets & floor-to-ceiling cupboards
·Designer wallpapers and luxury ceilings with LED downlighting
·Air-conditioning in all bedrooms and kitchens
·Gas stoves in both dwellings for energy efficiency
·Fully secured with burglar guards, shutter security gates & CCTV surveillance
·Automated entrance gate for controlled access
·Sparkling swimming pool as a lifestyle feature in the centre of both properties providing a recreational enhancement
·Two x 2,400L JoJo water tanks with advanced filtration system
·Option to switch between municipal water and fully filtered potable water
·Low-maintenance, move-in-ready condition
From an investment perspective, this property is exceptionally compelling. With reconfiguration and appropriate zoning to comply with NSFAS norms and standards, it has the potential to accommodate 20+ students, combining single and shared rooms. Based on 2025 NSFAS Grade-A funding rates, projected rental income could range between R75,000 and R80,000 per month, with annual escalations — positioning this asset as a high-yield, future-proof investment. Professional guidance can be provided to assist the purchaser through zoning, compliance, and accreditation processes.
Beyond student accommodation, the versatility of this property allows it to operate as a boutique BnB, executive rental, medical or professional practice with offices and consultation rooms, or a blended live-work investment — offering the buyer multiple exit strategies and income streams from a single acquisition.
Secure, stylish, and strategically located, this is a rare, all-encompassing investment opportunity in the heart of the UKZN precinct. Properties of this calibre — offering luxury finishes, dual dwellings, strong income potential, and location certainty — are seldom available.
Private viewings strictly by appointment. Enquire today to secure this exceptional asset.
