Student Accommodation in Quigney East London

Student Accommodation in Quigney East London

AUCT-000998 | SOLD

35 Tutton Terrace, Quigney, East London, Eastern Cape

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Student Accommodation (29 Rooms), 35 Tutton Terrace, Quigney, East London

Extent: ± 607 m² | GLA: ± 534 m² (rooms only) | Monthly Rental Income: ± R 49 000 | Additional income if 12 rooms are filled: ± R 18 000 per month

This residential property is conveniently situated as a student bedsitters in Quigney, East London. The Terraces in Quigney is conveniently located between Walter Sisulu University and the University of Fort Hare. A variety of student bedsitter accommodation is available and each unit has its own built-in hand basin. Shared bathroom and kitchen facilities, with a built-in stove, are available for the exclusive use of the residents.

Quigney is known as East London’s first suburb, situated near the Eastern Beach. The homes in the area have a strong architectural build and have a rich history. Quigney is the summer hub of East London, with five-star dining and hotels available. The student population is both eclectic and vibrant. With hotels along the beach, the aquarium and a string of restaurants, Quigney is packed with convenience. For those looking to invest in the area, there is a number of buildings that can be converted into money making businesses. Whether you are buying for investment or to settle down, Quigney is ideal to get that beach town vibe.

To participate in this physical auction each bidder has to follow the registration procedures.

Commercial Type:
Commercial Building
Web Reference:
List price:
Price undisclosed
35 Tutton Terrace, Quigney, East London, Eastern Cape
Property Extent:
±607 m2
Auction Venue:
The Buffalo Club
1 Buffalo Park Drive
East London
Eastern Cape
Auction Date:
30 July 2019 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.

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