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Scottsville, Scottsville, Pietermaritzburg, KwaZulu-Natal
R 6 100 000
View by Appointment: This 6-room property, currently utilised as office space, presents an excellent opportunity for conversion into student accommodation. The existing layout includes six offices that can easily be transformed into student bedrooms, along with a spacious boardroom ideally suited for use as a communal study area or library. Set on a substantial parcel of land, the property also offers significant development potential, creating the opportunity to expand and establish a modern, well-designed student accommodation residence. 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 57 604
on a R 5 490 000 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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