10 Bed House 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.