Situated in a quiet and well-established cul-de-sac in the heart of Scottsville, this move-in-ready investment property offers an outstanding opportunity just 950 metres from the University of KwaZulu-Natal Pietermaritzburg Campus (Golf Road entrance). With no TLC required, the property is impeccably maintained and ready for immediate occupation or income generation, making it an ideal acquisition for investors seeking both certainty and upside.
Its strategic location ensures consistent and high-demand occupancy, particularly for student accommodation, while also lending itself perfectly to professional multi-letting for tenants working within Scottsville and surrounding commercial and institutional nodes. The neighbourhood is peaceful, private, and secure — a rare combination for an income-producing asset of this scale.
Set on a flat and expansive ±1,400m2 erf, the property provides not only immediate yield potential but also meaningful scope for future redevelopment or expansion. In its current configuration, the property can comfortably accommodate approximately 12 students sharing, with the ability to further optimise layouts should the investor wish to enhance returns.
Key Investment & Lifestyle Highlights:
·Prime location: ±950m from UKZN Golf Road entrance
·Move-in ready – no renovations or deferred maintenance required
·Quiet cul-de-sac position offering privacy and low traffic
·High-demand rental node for both students and professionals
·Large, flat land extent (±1,400m2) suitable for future redevelopment
·Recently upgraded interiors throughout
·Quality parquet flooring enhancing durability and aesthetic appeal
Income Potential:
·Student accommodation capacity: ±12 students sharing
·Estimated rental income: ±R50,000 per month
·Based on 2025 NSFAS Grade-A rates, with annual escalations
·Flexible option to target either NSFAS-accredited students or professional tenants
Accommodation & Improvements:
·Well-proportioned main residence adaptable for shared living
·Spacious 3-bedroom outbuilding, ideal for additional rental streams, offices, or staff accommodation
·Separate storage room for operational convenience
·Entertainment and recreation area overlooking a sparkling swimming pool
·Outdoor braai area enhancing tenant lifestyle and long-term retention
Security & Peace of Mind:
·CCTV surveillance system
·Armed response security
·Outdoor security beams
·Located in a secure and tranquil residential pocket
This property delivers a rare blend of readiness, flexibility, and long-term investment security. Whether positioned as a student accommodation asset or a professional multi-let, it offers immediate income generation with strong future upside in one of Scottsville’s most reliable rental corridors.
Contact us today to arrange your private viewing and unlock the full investment potential of this exceptional Scottsville property.
