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3 Rooibok Road, Madeira Park, Queenstown, Eastern Cape
R 1 695 000
This 13 bedroom house is ideally catering for 25 students comfortably. There is lots of toilet and showering for the students. There is a common kitchen and lounge for the student’s. There is a water tank covering water shortage, and facility for generated electricity. Wi-fi, parking for students for 4 cars. The potential for generating a lovely passive income. The house is B rated by the university giving it a higher income per student.
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 Road, Madeira Park, Queenstown, Eastern Cape
Liivra AI market value
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Listed by
Kgomotso Naidoo
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