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R1,980,000

R1,980,000

4 Bedroom Freestanding For Sale in Scottsville
4
Bedrooms
2
Bathrooms
2
Garages
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4 Bedroom Freestanding For Sale in Scottsville

Web Ref. ULR11707
Monthly Bond Repayment
R19,767.92
Urban link properties: proudly offers you property investment opportunity.
This well maintained 4 bedroom property in Scottsville offers an ideal lucrative student accommodation business.

It Prime position in the heart of Scottsville — one of Pietermaritzburg's most in-demand rental areas due to its close proximity to the University of kwazulu Natal and Durban university of Techology and other colleges.

This well-maintained 4-bedroom house offers an incredible opportunity for investors looking to enter the highly profitable student accommodation market.
Why this property is a smart investment for buyers

- Location: Walking distance to UKZN, shops, public transport, and all amenities students need. Zero vacancy risk.
- Ready to convert: Solid, well-maintained structure with spacious rooms that can easily be converted into student accommodation (6-8 student rooms potential).
- Highly rental yield: Scottsville student rooms currently letting at R3,200 - R4,500 per student. Massive return compared to single family rental.
- Nsfas accreditation support : Due to the new Pilot project initiated by nsfas as from year 2024 . Our agent will provide guidance on how the property can be registered with nsfas.

ALSO PERFECT FOR FAMILIES:

Not an investor? This property works perfectly as a spacious, secure family home in a quiet, well-located part of Scottsville and close to top schools, medical facilities, CBD and all amenities. No conversion needed.

Call now for viewing, selling price is negotiable

Features

Interior
4 Bedrooms
2 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
Exterior
2 Garages
Pet Friendly
Pool
Listing Info
Date Listed 16-09-26

Disclaimer

While every effort will be made to ensure that the information contained within the Urban Link website is accurate and up to date, Urban Link makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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