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3 Bedroom Freehold For Sale in Scottsville

R1,450,000


Monthly Bond Repayment R14,720.82
Calculated over 20 years at 10.75% with no deposit.

Web Ref No RL5730

IDEAL FOR STUDENT ACCOMMODATION

This is a commercial property located in a vibrant area close to the University of KwaZulu-Natal (UKZN) and other educational institutions. The property hosts several businesses, including:

Campus Driving Institute: A driving school offering driver training services.

Ikhwezi House: A bed and breakfast establishment providing accommodation services.

Additionally, nearby properties on Hutchinson Road include educational and residential establishments such as Lindiwe Educare, a preschool located at 19 Hutchinson Road. They offer inclusive teaching and a safe environment for children aged 8 months to 6 years.

The area is known for its proximity to UKZN, making it a hub for student accommodation and related services. Properties in this vicinity often cater to the needs of students and faculty members.

This house is ideal for a student accommodation currently occupied by 10 students until November 2025 with about R33000 rental collection per month.

Features

Bedrooms 3
Bathrooms 2
Flatlet 1
Recep. Rooms 1
Garages 1
Land Size 922m²
Pets Allowed Yes
Monthly Rates R1,500.00

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