4 Bedroom House For Sale in Pietermaritzburg

Property description

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