R 1 650 000 | 3 bed property for sale in scottsville

Property Description

This is one of those rare properties where the numbers, the location, and the layout all align perfectly—a true investor’s opportunity in the heart of a high-demand student rental zone. Strategically positioned just 1km from Durban University of Technology (DUT) and 2.5km from the University of KwaZulu-Natal (UKZN), this property sits exactly where serious investors want to be: within reach of two major tertiary institutions, ensuring a constant flow of student demand year after year. If you’re looking for a high-yield property investment in South Africa, particularly in the student accommodation sector, this one stands out as a cash-flowing asset with immediate and scalable income potential. Why This Property is a Smart Investment This is not just a home—it’s the perfect opportunity for a student accommodation business with the infrastructure to deliver exceptional rental returns. Prime Student Location: Walking/short commute distance to DUT and UKZN High Rental Demand Area: Consistent need for student housing Impressive Income Potential: Can accommodate up to 18 students ±R3,600 per student (NSFAS aligned) Potential gross income: ±R64,000 per month Multiple Income Streams: Main house self-contained flat Expansion Potential: Large yard and existing structures allow further development This is the kind of property where your return on investment is not theoretical—it’s practical and achievable. Designed for Maximum Occupancy & Flexibility The layout is what makes this property truly powerful from an investment perspective. Main House 3 Large Bedrooms Dining Room Second Lounge (easily converted into additional bedrooms) Spacious Open-Plan Lounge (central communal area) Full Family Bathroom Separate Toilet (essential for shared living) Additional Conversion Opportunities 2 Garages – ideal for conversion into extra student rooms Multiple living spaces – perfectly suited for high-density accommodation setup Lifestyle Features That Attract and Retain Tenants Students don’t just rent space—they choose lifestyle and convenience. This property delivers both: Large Covered Veranda overlooking a swimming pool Built-in Braai Area – perfect for social living Expansive Yard – space for future additions or outdoor enjoyment Ample Off-Street Parking – a major bonus in student housing Modern, Functional Kitchen – Built for Volume A standout feature that supports multi-tenant living: Granite countertops Double eye-level oven Electric hob with extractor Additional gas hob with extractor Separate laundry Designed to comfortably cater for large groups, making it ideal for a communal student setup. Income-Boosting Self-Contained Flat Private bedroom, kitchen, and bathroom Perfect for: Additional rental income On-site manager/caretaker Premium student unit or can convert to accommodate 4 students This alone adds significant flexibility and extra earning potential. Security & Comfort Electric fencing for peace of mind Air-conditioning throughout Solid structure ideal for long-term investment The Bottom Line Properties like this don’t just “look good”—they perform. With its proximity to two major universities, ability to house up to 18 students, and strong monthly income potential, this is a rare, high-performing investment opportunity that makes immediate financial sense. Whether you’re an experienced investor or entering the student accommodation market, this property offers scale, flexibility, and consistent demand—the three pillars of successful property investing. Call Shane Candy today to arrange your viewing and secure this exceptional investment before someone else does. Student accommodation Pietermaritzburg • Investment property near DUT • Property near UKZN for sale • High rental yield South Africa • NSFAS student housing investment • Multi-let property • Income-generating real estate • Buy-to-let KZN • Student rental property • Property investment opportunity South Africa • High-density accommodation • Res development potential


Property Details

Purchase Price R 1 650 000

Type of PropertyHouse

Last Updated07 May 2026

Rooms

Bedrooms3

Bathrooms1

External Features

Garages2

Property Location

Similar Property in nearby suburbs

Agent

Pamela Candy

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