11 Bedroom House for sale in Scottsville

An exceptional opportunity to acquire a well-established, income-generating student accommodation property ideally positioned just metres from the University of KwaZulu-Natal (UKZN). With NSFAS accreditation already in place, this investment offers immediate income potential in one of Pietermaritzburg's most sought-after student rental locations. The property has been thoughtfully configured to maximise rental returns and currently comprises 17 student beds, including five private single rooms, each with its own en-suite bathroom featuring a shower, toilet and basin, as well as six twin-sharing rooms accommodating two students each. Two of the sharing rooms also benefit from private en-suite bathrooms, while the remaining rooms are serviced by two communal bathrooms and a separate guest toilet. A spacious communal kitchen provides students with a practical and functional living environment, while the generous size of the property offers significant scope for further expansion, allowing an investor to increase accommodation capacity and enhance future returns, subject to the necessary approvals. Property Features: Prime location just metres from UKZN NSFAS accredited student accommodation Established income-generating investment 5 Single bedrooms, each with private en-suite bathroom 6 Twin-sharing bedrooms (12 student beds) 2 Sharing rooms with private en-suite bathrooms 2 Additional communal bathrooms Separate communal toilet Spacious communal kitchen 17 Student beds in total Excellent potential for further development and expansion Strong demand from the surrounding student population Whether you are an experienced investor looking to expand your portfolio or entering the student accommodation market for the first time, this property presents an outstanding opportunity to secure a high-demand, income-producing asset with excellent long-term growth potential. Contact Michelle Bartlett-Harris today for further information or to arrange a private viewing.