11 Bedroom House in Scottsville

Established student accommodation just metres from UKZN NSFAS accredited with strong income-generating potential.

An exceptional opportunity for investors to acquire an established student accommodation property in one of Pietermaritzburgs most sought-after student rental locations.

Ideally positioned just metres from the University of KwaZulu-Natal UKZN, this property is strategically located to capitalise on the consistent demand for convenient, secure and well-positioned student accommodation.

With NSFAS accreditation already in place, the property offers an attractive investment proposition for an investor looking to enter or expand within the student accommodation sector.

THE ACCOMMODATION

The property has been thoughtfully configured to accommodate 17 students across 11 bedrooms, offering a combination of private and shared accommodation.

5 private bedrooms each feature their own en-suite bathroom, comprising a shower, toilet and basin.

There are also 6 twin-sharing bedrooms, providing accommodation for a further 12 students. Two of the sharing rooms have their own private en-suite bathrooms, while the remaining students have access to two communal bathrooms and a separate guest toilet.

A spacious communal kitchen provides a practical central area for students and supports the propertys established student-living model.

INVESTMENT HIGHLIGHTS

11-bedroom student accommodation property

17 student beds

Located just metres from UKZN

NSFAS accredited

Established income-generating accommodation

5 private bedrooms with en-suite bathrooms

6 twin-sharing bedrooms

2 sharing rooms with private en-suite bathrooms

2 additional communal bathrooms

Separate guest toilet

Spacious communal kitchen

Strong student rental appeal

Potential for further expansion and additional beds, subject to the necessary approvals

WHY THIS IS AN INVESTORS OPPORTUNITY

For the astute investor, this property offers more than bricks and mortar it provides an opportunity to acquire an existing student accommodation operation in a high-demand location.

The combination of UKZN proximity, NSFAS accreditation, established accommodation and multiple rental beds creates a compelling foundation for an income-producing property investment.

Furthermore, the propertys size presents potential for future optimisation or expansion, subject to municipal, planning and other required approvals. An investor may therefore have the opportunity to increase the accommodation capacity and potentially enhance future rental returns.

Whether you are an experienced property investor looking to add student accommodation to your portfolio, or an investor seeking an established entry into this specialised rental market, this property warrants serious consideration.

17 beds. 11 bedrooms. Prime student location. NSFAS accredited. Established income potential.

Contact Michelle Bartlett-Harris today for further information, financial details or to arrange a private viewing.