A rare opportunity in the heart of Pietermaritzburg’s most sought-after student corridor. This freehold property is literally next door to the UKZN Pietermaritzburg Main Campus, only 200 metres from the Science Department, giving any investor guaranteed, long-term demand and virtually permanent 100% occupancy.
The property offers 4 spacious bedrooms, 2.5 bathrooms (with shower, bathtub and a separate toilet), making it ideal for shared student accommodation. All bedrooms are generously sized, with the potential to subdivide or convert additional spaces to increase capacity. The interior is immaculately maintained, neat, and inviting, with wooden flooring, a welcoming reception room (which can be turned into another bedroom), and an open-plan lounge and dining area.
The modern kitchen is a standout feature — spacious, open-plan, and equipped with a gas stove, pantry, and scullery, perfect for student living. The home also includes a fully self-contained flatlet with its own kitchen, lounge, and spacious bedroom that can comfortably house two sharing students. Above the flatlet is an attic room which can be used as a store room or converted into a single unit for additional rental income.
Beyond the main buildings, the property offers expansive backyard space, creating huge development potential. Investors can erect outside rooms, additional cottages, or even a small block of flats to dramatically increase student capacity. In its current layout, the property can comfortably house 16+ students, translating to ±R60,000 per month in rental income based on the 2025 NSFAS rates — with room to scale far beyond that.
Parking is ample, supporting 5 vehicles inside the front driveway plus an enclosed garage that fits 2 cars (and can also be converted into additional rooms). Security features include steel burglar guards throughout and an automated electric gate, ensuring peace of mind for both owner and tenants.
With student accommodation demand far outpacing supply in Scottsville, and its strategic location almost on the doorstep of UKZN, this property is an exceptional investment and one of the closest opportunities to campus you will ever find.
A move-in-ready, income-producing asset with scalable potential — a must-see for serious investors.
Private viewings by appointment only.
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