Positioned in one of Pietermaritzburg’s most high-demand rental zones, this exceptional property presents a rare opportunity to secure a cash-flowing investment asset with immediate income potential and long-term growth upside.
Located just a 2-minute walk from UKZN, with seamless access to the CBD, N3 highway, public transport routes, and major shopping centres, this property sits exactly where tenant demand consistently outpaces supply — a critical factor for any serious investor.
This is not just real estate — it’s a strategic income-generating property designed for scalability, flexibility, and strong returns.
Property Features:
7 Bedrooms | 4 Bathrooms | Accommodates 12+ tenants
Main House: 4 Bedrooms, 2 Bathrooms, Lounge, Dining Room, Kitchen, 2 Verandas
Outbuilding: 3 Bedrooms, 2 Bathrooms
Large stand with development potential
Expansive garage ideal for conversion into additional rental units
Investment Highlights:
- High-Yield Student Accommodation Opportunity
With UKZN on your doorstep, this property is perfectly positioned for student housing, one of the most reliable and resilient rental markets in South Africa.
Estimated potential rental income:
R3,700 per student x 16 tenants = R59,200 per month
Potential gross annual income:
R710,400+ per year
This is a proven high-demand rental model offering consistent occupancy and predictable cash flow.
- Multiple Revenue Streams = Maximum Flexibility
Reduce risk and future-proof your investment by tapping into various income channels:
NSFAS-accredited student accommodation
Guesthouse / Bed & Breakfast
Co-living or multi-tenant professional housing
Offices or co-working space
Boarding house or training facility
The layout naturally supports multi-use conversion, giving you the freedom to adapt as markets evolve.
- Value-Add & Expansion Potential
For investors who understand how to unlock upside, this property delivers:
Ample space for additional cottages or units
Opportunity to increase density and rental yield
Strong potential for capital appreciation in a growth node
This is where vision meets profitability.
Prime Location Benefits:
Walking distance to UKZN campus
Easy access to transport routes and public transit
Minutes from Pietermaritzburg CBD
Close to schools, shopping centres, and essential amenities
A location like this ensures:
High occupancy rates
Continuous tenant demand
Long-term investment security
The Opportunity:
Properties offering this combination of location, scale, income potential, and versatility are exceptionally rare.
Whether your goal is to:
Build a high-performing property portfolio
Generate passive rental income
Establish a thriving accommodation business
This investment delivers on every level.
Act Now
High-demand properties near UKZN are secured quickly by decisive investors.
Contact Shane Candy today to arrange your private viewing and take the next step toward owning a high-income, multi-use investment property in Pietermaritzburg.