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Scottsville, Scottsville, Pietermaritzburg, KwaZulu-Natal
R 3 500 000
View by Appointment: Positioned in Scottsville, Pietermaritzburg, within close proximity to University of KwaZulu-Natal (UKZN).This property is currently utilised for student housing which accommodates 12 students and brings in a rental income of approximately R45600.00 per month. This structure caters to both entry-level investors seeking a manageable asset and larger investors looking to scale within an established student accommodation hub. This property forms part of a larger student accommodation portfolio available for purchase individually or as part of a clustered investment opportunity. The portfolio is being marketed on a per square metre basis, offering investors flexibility to acquire single properties or multiple assets within the portfolio. Overall, this is a rare opportunity to access a high-demand student accommodation pocket in Scottsville, with the added advantage of immediate usability and future development potential. To schedule a private viewing or obtain additional information, please get in touch.
Estimated monthly repayment
R 33 052
on a R 3 150 000 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.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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