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.

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Commercial Type:
Commercial Building
Web Reference:
AUCT-000998
List price:
Price undisclosed
Address:
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



Auctioneer:
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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