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Scottsville, Scottsville, Pietermaritzburg, KwaZulu-Natal
R 3 800 000
Super Profitable Student Pad in Scottsville 15 Beds, Fully Booked and NSFAS Approved!This lucrative property features 15 fully furnished bedrooms, currently housing 21 students, with top-quality finishes and all appliances included. Generating R75,000 R80,000 monthly with 100 occupancy, its NSFAS-accredited and impeccably maintained on a spacious 1241 sqm erf.Enjoy a beautiful garden, relaxing patio, air-conditioning, and a separate flatlet for additional income. Security is excellent, with burglar bars and a gated entrance.Modern comforts include an inverter with 18 solar panels and backup battery, air conditioning and ceiling fans to keep cool in warm KwaZulu Natal days, plus multiple vehicle parking and secure burglar bars.The home is finished with thoughtful touches like blinds, a fireplace and tasteful finishes that enhance everyday living.Whether youre looking to continue as a thriving student accommodation business or convert it into a charming BnB, this property offers endless potential and immediate income.Dont miss out schedule a private viewing today!Henwood and Katz Real Estate Pty Ltd ta REMAX Midlands. A franchise of REMAX of Southern Africa.HENWOOD AND KATZ REAL ESTATE PTY LTD trading as REMAX Midlands Pietermaritzburg operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 35 885
on a R 3 420 000 bond over 20 years at 11.25%
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Scottsville, Scottsville, Pietermaritzburg, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
David Swanepoel
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