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R2,850,000 | 10 Bedroom House For Sale in Scottsville

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R2,850,000

Monthly Bond Repayment R29,903.79
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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10 Bedroom House For Sale in Scottsville

Attention Investors! Just on the market ... a fully compliant, well-maintained, currently tenanted, up-market accommodation business with formal tenant lease agreements, rules, and historical financials in place.

The property/business at the present occupancy levels would offer a prospective owner approximately 16% ROI (return on investment) at the listed selling price.

The sale includes all room furnishings and a well-equipped kitchen and laundry with inventory.

The property is zoned General Residential 3, which could allow additional development options subject to Municipal guidelines and consent. The premises offer a secure comfortable home environment set in well-tended gardens and peaceful recreational spaces.

Consisting of:

10 Rooms (of which 4 are self-contained with kitchen and bathroom)
2 Shared ablution facilities.
Swimming pool
Entertainment Boma with built-in braai facility
Workshop
Storerooms
Domestic change rooms
Double carport
Double shade port

A significant advantage is that the property is located within walking distance of UKZN, DUT, Varsity College, and other amenities such as major shopping centres and schools.

Should you be an interested, pre-qualified, and serious buyer contact us to find out more or arrange a viewing appointment.

Features

10
7
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
7
Kitchen
1
Reception Rooms
2
Furnished
Yes
Exterior
Security
No
Parkings
4
Pool
Yes
Sizes
Land Size
1,640m²
STREET MAP
STREET VIEW
-29.61922179999999, 30.3999925

Scottsville, Pietermaritzburg

Welcome to Pietermaritzburg, the vibrant capital of KwaZulu-Natal, South Africa. The city’s neighbourhoods are known for their leafy streets, well-kept gardens, and tranquil ambience, making them ideal places to raise a family or enjoy a peaceful lifestyle.Nature enthusiasts will find plenty to love in Pietermaritzburg. Alexandra Park is perfect for picnics, leisurely walks, and sports, while the KwaZulu-Natal... More Info
Mandy Nel
Mandy Nel
Non-Principal Property Practitioner Show number View my listings WhatsApp
Frans Voster
Frans Voster
Non-Principal Property Practitioner Show number View my listings WhatsApp
1
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