7 Bedroom House in Scottsville

Investment of the Year Prime Scottsville Student Accommodation

Price: Offers from R6,000,000

Current Net Income: R57,000/month

Projected Net Income: R75,000/month

Location

Situated in the sought-after Scottsville student hub, within close reach of major tertiary institutions and amenities. This property offers a stable and lucrative investment opportunity with an NSFAS contract already in place.

Property Overview

Completely renovated modern finishes, solid double-story build.

Downstairs: 2 bedrooms, serviced by 2 bathrooms.

Upstairs: 5 bedrooms, including 2 en-suites and 1 shared bathroom.

Total capacity: 17 students (currently housing 13).

Income Potential

NSFAS-backed contract ensures reliable, government-supported income.

Current net rental: R57,000.

With full occupancy: R75,000 net monthly.

Key Features

Solid investment with proven rental history.

High-demand accommodation area with continuous student intake.

Turnkey operation fully compliant, renovated, and income-generating.

Expansion potential with underutilized capacity.

This is not just a property its a business in itself, backed by long-term demand and guaranteed returns.

For further details or to arrange a private viewing, contact:

Michelle Bartlett | Master Property Practitioner | PPRA Reg. 1151140