R 1 997 000 | 9 bed property for sale in scottsville

This is not just a property — it’s a strategic investment asset positioned to deliver consistent, high-yield returns in one of the most sought-after rental nodes in Pietermaritzburg. Perfectly located just a 5-minute walk to UKZN campus, with easy access to public transport routes, the CBD, shopping centres, and the N3, this property sits in a high-demand rental corridor where accommodation is always needed. Property Overview 9 Bedrooms | 6 Bathrooms | Sleeps up to 18 Main House: 5 bedrooms, 2 bathrooms, Lounge, Dining Room, Kitchen, L-Shaped Veranda Outbuilding: 4 bedrooms, all with en-suite bathrooms Large, spacious plot with ample room for further development or expansion Why This Is a Smart Investment 1. Student Accommodation Goldmine With demand for student housing constantly exceeding supply, this property is perfectly configured for immediate income generation. Potential rental: R3,800 per student x 18 students = R68,400 per month That’s over R820,000 gross annual income This is the kind of cash-flowing asset investors actively seek — stable, predictable, and scalable. 2. Multiple Income Streams = Reduced Risk Diversify your income and maximise returns with multiple possible uses: Student Accommodation (NSFAS-friendly potential) Bed & Breakfast / Guesthouse Multi-tenant professional housing Commercial offices / co-working hub School boarding house The layout naturally supports co-living, short-term letting, or business use, making it highly adaptable to market trends. 3. Expansion & Value-Add Potential The generous land size offers: Space for additional units or cottages Opportunity to increase density and rental yield Long-term capital appreciation This is where savvy investors unlock hidden value. Location Advantage Walking distance to UKZN Close to major transport routes Quick access to CBD and N3 highway Near shopping centres, amenities, and services Location like this ensures: ? High occupancy rates ? Strong tenant demand ? Long-term growth potential The Bottom Line Properties like this are rare — offering scale, location, and versatility in one package. Whether you're looking to: Build a property portfolio Secure passive rental income Develop a high-yield accommodation business This property ticks every box. Invest in Your Future Today High-demand location. Proven rental potential. Multiple income strategies. Opportunities like this don’t sit on the market for long. Contact us now to arrange a viewing and secure this income-generating asset before someone else does.