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3 Rooibok Street, Madeira Park, Queenstown (komani), Eastern Cape
R 1 695 000
13 bedroom house for sale in Madeira Park Spacious Double-Storey Student Accommodation Fully Furnished Investment Opportunity!This expansive double-storey property presents an exceptional opportunity for an investor or entrepreneur looking to tap into the thriving student rental market. Currently occupied by students from Walter Sisulu University WSU, the home is already generating income and offers immediate return potential.The property has been fully customised for student accommodation, with all the essential features and layout already in place to meet university living requirementsmaking it a seamless, ready-to-run investment.Boasting 13 bedrooms, the home is ideal for high-density student living. It includes 2 bathrooms and 4 toilets, ensuring convenience for multiple occupants.The property features a fully fitted kitchen with built-in cupboards, a comfortable TV roomlounge area for communal use, and a Wendy house currently utilised as a study space, adding further flexibility.Additional features include a large water tank with pump, providing a reliable water supply, as well as a temporary security structure for added peace of mind.Bonus: The property is being sold fully furnished, making it a turnkey investment ready for continued operation.This is a rare opportunity to acquire a high-capacity, income-generating student property in a strong rental area. Show more Show less
Estimated monthly repayment
R 16 006
on a R 1 525 500 bond over 20 years at 11.25%
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3 Rooibok Street, Madeira Park, Queenstown (komani), Eastern Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Amahle Makhanya
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