7 Bedroom House for sale in Scottsville

Investment of the Year – Prime Scottsville Student Accommodation Price: Offers from R6,000,000 Current Net Income: R57,000/month Projected Net Income: R75,000/month Location Situated in the sought-after Scottsville student hub, within close reach of major tertiary institutions and amenities. This property offers a stable and lucrative investment opportunity with an NSFAS contract already in place. Property Overview Completely renovated – modern finishes, solid double-story build. Downstairs: 2 bedrooms, serviced by 2 bathrooms. Upstairs: 5 bedrooms, including 2 en-suites and 1 shared bathroom. Total capacity: 17 students (currently housing 13). Income Potential NSFAS-backed contract ensures reliable, government-supported income. Current net rental: R57,000. With full occupancy: R75,000 net monthly. Key Features Solid investment with proven rental history. High-demand accommodation area with continuous student intake. Turnkey operation – fully compliant, renovated, and income-generating. Expansion potential with underutilized capacity. This is not just a property – it’s a business in itself, backed by long-term demand and guaranteed returns. For further details or to arrange a private viewing, contact: Michelle Bartlett | Master Property Practitioner | PPRA Reg. 1151140