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Scottsville, Scottsville, Pietermaritzburg, KwaZulu-Natal
R 2 200 000
Don’t miss out on this superb investment opportunity in the sought-after suburb of Scottsville. If you are an investor looking to benefit from the ever-thriving student accommodation market, this property is perfectly positioned to deliver excellent returns. Set in a well-established neighbourhood and within walking distance to the university, the property offers convenience and strong rental demand, making it ideal for student housing. Property Features: The main house offers: • 6 Bedrooms • 3 Bathrooms • Spacious kitchen with pantry The flatlet section comprises: • Four 1-bedroom units, each with its own bathroom The property also offers ample land space, providing room for additional parking or further development to maximise rental income. While the property requires some TLC, it presents a fantastic opportunity to add value and unlock its full income-generating potential. ?? A smart investment with endless possibilities. ?? Make an offer today – Call me to arrange a viewing.
Estimated monthly repayment
R 20 775
on a R 1 980 000 bond over 20 years at 11.25%
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Scottsville, Scottsville, Pietermaritzburg, KwaZulu-Natal
Listed by
Dineo Shabalala
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