National Tenant Retail Property For Sale By Auction In East London

AUCT-000832 | On Auction

100 Fleet Street, Quigney, East London, Eastern Cape

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Frontline Retail Property, 100 Fleet Street, Quigney

Extent: ± 230 m² | Gross Annual Income: ± R280K | Tenant: South African Post Office - (SAPO)

This retail property is well located in Quigney, East London in the province of, Eastern Cape, on the Main Road through East London located next to Preston’s Liquor Store and close to the East London CBD. The property is let to SAPO for many years and services the local community.

The ± 230 m² building enjoys 2 lockable garages upstairs and secure parking area and is in a very good condition and can be regarded as an excellent investment opportunity.

East London is an industrial city on the southeast coast of South Africa in the Buffalo City Metropolitan Municipality of the Eastern Cape province. The city lies on the Indian Ocean coast, largely between the Buffalo River and the Nahoon River, and hosts the country's only river port. East London has an estimated population of over 267,000 with over 755,000 citizens living in the metropolitan area.

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Commercial Type:
Commercial Building
Web Reference:
List price:
100 Fleet Street, Quigney, East London, Eastern Cape
Property Extent:
624 m2
Auction Venue:
Buffalo Club
1 Buffalo Park Drive
East London
Eastern Cape
Auction Date:
04 December 2018 11:00 am

Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
Auction Date: 04 December 2018 11:00 am

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