R1,700,000
R1,700,000
4
Bedrooms
2
Bathrooms
1
Parkings
Monthly Rates
R2,000
Total
R2,000
INVESTMENT PROPERTY IN PRIME SCOTTSVILLE LOCATION - HIGH YEILD POTENTIAL
Web Ref.
RLS974445
Strategically positioned in the heart of Scottsville, this property is within walking distance of UKZN and key university amenities, offering exceptional accessibility to retail outlets, schools, and major transportation routes.
Main House Specifications:
Bedrooms: 4 (2 single, 2 double)
Kitchen: Fully fitted
Bathrooms: 2
Communal Areas: Shared lounge
Outbuilding Specifications:
Rooms: 4 individual units
Kitchen: Shared
Bathroom: Communal
Current and Potential Income:
Current rental income: R22,000/month
Estimated potential income: R40,000/month
This property represents a lucrative investment in a high-demand area with significant rental yield potential.
Main House Specifications:
Bedrooms: 4 (2 single, 2 double)
Kitchen: Fully fitted
Bathrooms: 2
Communal Areas: Shared lounge
Outbuilding Specifications:
Rooms: 4 individual units
Kitchen: Shared
Bathroom: Communal
Current and Potential Income:
Current rental income: R22,000/month
Estimated potential income: R40,000/month
This property represents a lucrative investment in a high-demand area with significant rental yield potential.
Features
Interior
Exterior
Sizes
Scottsville, Pietermaritzburg
Scottsville is a leafy neighbourhood located south-east of Pietermaritzburg's city centre. This beautiful residential neighbourhood is bordered by rivers and has a canal flowing through it, providing residents with plenty of green space. Students at the University of KwaZulu-Natal's Pietermaritzburg Campus are fond of Scottsville. There is a lot of student activity in shopping malls and sports parks, and the city centre of Pietermaritzburg is only a few minutes walk away. Many modern homes with lush gardens, as well as Victorian-style buildings, can be seen throughout the neighbourhood. In addition, student housing and apartments are in great demand in the neighbourhood. A brief history of the area Scottsville was open grassland...
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Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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