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Quigney, Quigney, East London, Eastern Cape
R 4 000 000
NSFAS Approved Accommodates 50 students and is already on the NSFAS Portal. Located right on the East London beachfront with breathtaking sea views this property has all the feels to be an iconic res / private residence ZONED correctly for Students / Guest House NSFAS - Grade B Income Breakdown 6 x R4693 = R28 158 34 x R4458 = R151 572.00 Plus further 10 beds 10 x R4693 = R46 930.00 Total Income - R226 660.00 / month - Triple Storey - 25 Rooms - 10 bathrooms - Most rooms have access to shared bathrooms, or their own private bathroom depending on the room size. This provides flexibility for a range of accommodation options. - 3 Large Kitchens: - 4 Lounges:. - Conference Room: - Outside Lapa/ communal area Please note the selling price is exclusive of VAT
Estimated monthly repayment
R 37 773
on a R 3 600 000 bond over 20 years at 11.25%
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Quigney, Quigney, East London, Eastern Cape
Liivra AI market value
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Listed by
Marcel Van Der Holst
Thompson Prop
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