A rare and exceptionally high-performing investment opportunity presents itself at this fully operational Grade-A student accommodation residence, situated just 400 metres from the UKZN Pietermaritzburg Main Campus in Scottsville. Its unmatched location — a literal walk to both UKZN Main Campus and Varsity College — has secured 100% occupancy for over five years, making it a long-term, future-proof asset in the most sought-after student corridor in Pietermaritzburg. Already configured for high-yield student living and accommodating 21 students, the property offers enormous scalability, robust infrastructure, and top-tier tenant demand year after year. With 12 months remaining on its NSFAS Grade-A accreditation within a 36-month contract cycle, the new owner is assured continuity and the ability to renew grading effortlessly.


FEATURE HIGHLIGHTS

Prime Location & Long-Term Demand

• Only 400 metres from UKZN Main Campus (Golf Road Entrance)
• Walking distance to UKZN Main Campus & Varsity College
• 5+ years of uninterrupted 100% occupancy
• Located in the strongest student rental belt in Scottsville

Student Accommodation Infrastructure

• 15 spacious bedrooms inside the main dwelling
• 7 ensuite bedrooms for premium, high-demand student placements
• 9 bathrooms (mix of showers, tubs, and one separate toilet)
• Large lounge, dining area, and open-plan kitchens
• Multiple study rooms, pantries, utility rooms, and a scullery
• Clean, modern finishes designed for durability and easy maintenance

Additional Income-Generating Flatlet

• Fully equipped 5-bedroom flatlet, all ensuite
• Shared communal kitchen
• Ideal for senior students or premium NSFAS placements

Currently contributing significantly to monthly rental income

• Turnkey Fully Furnished Offering
• Includes beds, desks, study chairs, cupboards
• Fully fitted kitchens & appliances
• Ready-to-operate from day one with zero setup costs

Security & Operational Enhancements

• Live-in helper + full-time night security guard
• Security staff housed in a neat Wendy house accommodation
• Full CCTV surveillance system
• Burglar bars throughout the property
• Aluminium windows & automated main gate

Utilities & Added Value

• 2,400L JoJo water tank for backup water supply
• Prepaid electricity (controlled consumption & low risk)
• Low maintenance building finishes
• Ample communal space and multiple functional areas

Financial Performance

• Currently generating R75,000 – R80,000+ per month
• Based on NSFAS Grade-A 2025 rates, with annual increases
• 12 months remaining on the current NSFAS 36-month accreditation cycle
• Strong history of rental stability & high yield returns

This is one of Scottsville’s most powerful income-generating student accommodation assets — already accredited, already furnished, already fully occupied, and positioned literally a few steps from the UKZN campus. With demand guaranteed and systems already in place, the buyer simply takes over a thriving operation with exceptional future scalability.

Opportunities like this are exceedingly rare.
Book your private viewing today and secure a high-yield property that delivers unmatched stability, profitability and long-term investment strength.