This is not just a property — it’s a strategic investment asset positioned to deliver consistent, high-yield returns in one of the most sought-after rental nodes in Pietermaritzburg.
Perfectly located just a 5-minute walk to UKZN campus, with easy access to public transport routes, the CBD, shopping centres, and the N3, this property sits in a high-demand rental corridor where accommodation is always needed.
Property Overview
9 Bedrooms | 6 Bathrooms | Sleeps up to 18
Main House: 5 bedrooms, 2 bathrooms, Lounge, Dining Room, Kitchen, L-Shaped Veranda
Outbuilding: 4 bedrooms, all with en-suite bathrooms
Large, spacious plot with ample room for further development or expansion
Why This Is a Smart Investment
- Student Accommodation Goldmine
With demand for student housing constantly exceeding supply, this property is perfectly configured for immediate income generation.
Potential rental: R3,800 per student x 18 students = R68,400 per month
That’s over R820,000+ gross annual income
This is the kind of cash-flowing asset investors actively seek — stable, predictable, and scalable.
- Multiple Income Streams = Reduced Risk
Diversify your income and maximise returns with multiple possible uses:
Student Accommodation (NSFAS-friendly potential)
Bed & Breakfast / Guesthouse
Multi-tenant professional housing
Commercial offices / co-working hub
School boarding house
The layout naturally supports co-living, short-term letting, or business use, making it highly adaptable to market trends.
- Expansion & Value-Add Potential
The generous land size offers:
Space for additional units or cottages
Opportunity to increase density and rental yield
Long-term capital appreciation
This is where savvy investors unlock hidden value.
Location Advantage
Walking distance to UKZN
Close to major transport routes
Quick access to CBD and N3 highway
Near shopping centres, amenities, and services
Location like this ensures:
? High occupancy rates
? Strong tenant demand
? Long-term growth potential
The Bottom Line
Properties like this are rare — offering scale, location, and versatility in one package.
Whether you're looking to:
Build a property portfolio
Secure passive rental income
Develop a high-yield accommodation business
This property ticks every box.
Invest in Your Future Today
High-demand location. Proven rental potential. Multiple income strategies.
Opportunities like this don’t sit on the market for long.
Contact us now to arrange a viewing and secure this income-generating asset before someone else does.