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28 Coronation Road, Scottsville, Pietermaritzburg, KwaZulu-Natal
R 3 850 000
Strategically positioned, with a commercial tenant already in place, this well-known investment gem yields an excellent return for its current and future owners. Directly opposite the Scottsville Mall, and within walking distance from UKZN, this property has a history of student accommodation, a very popular investment type for this area due to its high returns. Currently the premises being let out to an IT training school, who makes use of the large double rooms as classrooms and offices. The current owners were careful to keep the original character and essence in tact while doing refurbishments, effectively combing hi-tech facilities with historical charm. This property also offers other investment opportunities, being on a street shared with other offices and medical professionals. This is in a high-traffic location, ensuring maximum visibility, excellent...
Estimated monthly repayment
R 36 357
on a R 3 465 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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28 Coronation Road, Scottsville, Pietermaritzburg, KwaZulu-Natal
Area view — the exact address is shared on enquiry.