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.

Prime Scottsville Student Investment - Accredited NSFAS Grade-A Earning R75k-R80k+ Monthly