5 Bedroom house for sale in Scottsville, Pietermaritzburg

R2,400,000
  1. 5
  2. 4
  3. Web Ref: 1357285

Property Features

ERF Size 958 m²
Rates R2,600 per month

Interior Features

5 Bedrooms
1 Dining Room
3 Flatlets
4 Bathrooms
2 Lounges

Exterior Features

1 Carport

EXCEPTIONAL 5-BEDROOM PROPERTY WITH INCOME POTENTIAL – SCOTTSVILLE

Main Road Location | Corner Plot | Investment Opportunity

This extraordinary 5-bedroom property is ideally situated in the heart of Scottsville, positioned on a bustling main road and occupying a prominent corner plot. Offering generous space, privacy and excellent income potential, this property presents a fantastic opportunity for investors, business owners or families looking for a versatile property in a prime location.

Main Property Features

The main residence comprises:

5 spacious bedrooms
3 bathrooms
Comfortable lounge
Separate dining area
Well-appointed kitchen
Spacious living areas
Fully fenced and gated
High walls offering privacy, security and peace of mind
Additional Income Potential

Adding significant value to this property is 4 additional cottages, currently generating rental income.

The property is presently let to corporate tenants and professionals, demonstrating its suitability as an income-generating investment.

The property's location is one of its strongest features. Situated directly opposite a casino and just minutes away from universities and Varsity, it is ideally positioned to take advantage of the strong demand for accommodation in the area.

With its size, location and existing accommodation potential, the property could be ideally suited for:

Guesthouse / B&B
Student accommodation
Corporate accommodation
Professional accommodation
Investment property
Large family residence
An Investment Full of Potential

The combination of a prime main-road position, corner plot, existing rental income, multiple accommodation units and proximity to major amenities and educational institutions makes this property an exciting investment opportunity.

High perimeter walls and secure gates provide a sense of privacy, security and seclusion, while the prominent location offers excellent visibility and accessibility.

This property truly screams potential and is ready for an investor with vision to unlock its full value.

Contact us today to arrange a private viewing and explore the possibilities this exceptional Scottsville property has to offer.

Location

Contact the agent

Taslyn Reddy
Non-Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

489 Town Bush Road, Montrose

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