Positioned just 600 metres from the University of KwaZulu-Natal (UKZN) Pietermaritzburg Golf Road entrance gate (Chemistry Department), this property presents one of the most strategically located and high-yield student accommodation opportunities currently available in Scottsville. Its unbeatable proximity to campus ensures permanent, year-round demand, making it an exceptional acquisition for investors seeking guaranteed occupancy and strong monthly returns.
Set within a secure, gated freehold enclave, the home is exceptionally neat, well-maintained, and ready for immediate use. The main house features 5 spacious bedrooms, 3 bathrooms (including both shower and bathtub), and a separate toilet, offering excellent potential for student conversion. The generous lounge and dining room can easily be reconfigured into additional student bedrooms, significantly increasing occupancy and monthly revenue. The home boasts tiled flooring throughout, ensuring low maintenance and long-term durability—ideal for high-traffic student accommodation.
Entertainment and lifestyle enhancements include a patio/braai area that flows directly to a refreshing swimming pool, providing additional appeal for student tenants and enhancing overall rental value. Beyond the main house, the property includes a 2-room flatlet complete with kitchenette, a full bathroom, and an outside toilet, offering even more rental versatility and the ability to host multiple students in a private, self-contained setup.
Additional features include ample parking space within the yard, palisade fencing, steel burglar guards throughout, and an automated gate, ensuring convenience, safety, and peace of mind for tenants and investors alike.
With its impressive layout and expansion flexibility, the property has the potential to comfortably accommodate 12+ sharing students, translating into over R45,000 per month based on 2025 NSFAS mid-range rates—offering excellent return on investment with annual escalation potential. The property is currently occupied by tenants and is generating a monthly rental income of R9,000 on a month-to-month lease arrangement.
Located in a peaceful part of Scottsville yet at the epicenter of student activity, this investment is tailor-made for serious investors seeking a high-demand, low-vacancy, campus-adjacent asset. A rare blend of location, security, convenience, and development potential makes this property one of the most compelling investment opportunities in the UKZN PMB node.
Contact us today to arrange a private viewing and secure this rare opportunity!
