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Scottsville, Scottsville, Pietermaritzburg, KwaZulu-Natal
R 580 000
Prime Investment Apartment in Scottsville | Walk to UKZN | Secure, High-Demand Complex Situated in the highly sought-after Scottsville precinct, this well-positioned apartment within the renowned Chapters Complex offers the perfect blend of secure living, convenience, and strong investment appeal. Whether you are a young professional looking for a stylish starter home or a savvy investor seeking consistent rental income, this property ticks all the right boxes. Ideally located just a short 5-minute walk from the University of KwaZulu-Natal (UKZN) Pietermaritzburg Main Campus and approximately 50 metres from the bustling Scottsville Mall, this apartment is positioned in one of the most in-demand rental zones in the city. Its proximity ensures continuous tenant demand, particularly from students, making it a reliable income-generating asset. The apartment set on ground floor is cleverly configured to accommodate student sharing, featuring 2 spacious bedrooms that comfortably house up to four occupants. The layout is practical and inviting, with a well-sized bathroom, a functional kitchen, and a seamless flow into the living space—creating a comfortable environment for both studying and everyday living. Security and peace of mind are key highlights of this complex, with 24-hour guarded access, an electric perimeter fence, a guardhouse, and controlled entry, making it one of the safer residential options in the area. Additional conveniences such as fibre internet connectivity and prepaid electricity enhance both tenant satisfaction and cost management. With an estimated rental income exceeding R10,000 per month based on student sharing (R2,500 pp), this sectional title unit presents an excellent entry point into the student accommodation market or a low-maintenance addition to an existing property portfolio. ? Key Features & Investment Highlights: • Prime location in Scottsville, Pietermaritzburg • Situated within the popular Chapters Complex • Walking distance to UKZN Pietermaritzburg Campus (±5 minutes) • Only ±50 metres from Scottsville Mall and key amenities • 2 spacious bedrooms (configured for student sharing) • Accommodates up to 4 students comfortably • Sale inclusive of existing furniture • 1 well-appointed bathroom • Functional kitchen with practical layout • Open and comfortable living area • Fibre internet connectivity for study/work convenience • Prepaid electricity for cost control • 24-hour security with guardhouse and controlled access • Electric fencing around the complex • Safe, secure, and well-managed sectional title scheme • Estimated rental income of ±R10,000+ per month • Low-maintenance, lock-up-and-go lifestyle • Ideal for first-time buyers or investors • Strong, consistent student rental demand in the area ? This is a rare opportunity to secure a strategically located, income-generating apartment in one of Pietermaritzburg’s most active rental hubs. With demand driven by proximity to UKZN and surrounding amenities, this unit offers both immediate returns and long-term capital growth potential. Don’t miss out — contact us today to arrange your private viewing and secure this prime investment opportunity.
Estimated monthly repayment
R 5 477
on a R 522 000 bond over 20 years at 11.25%
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Scottsville, Scottsville, Pietermaritzburg, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 23% below comparable 2-bed apartments for sale in Scottsville
Based on 33 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Thandi Mokgatle
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