Combined Extent: ± 1 214 m² | GLA: ± 1 306 m² | Gross Annual Income: ± R 1.9 Million | Fully Let | 83 Beds | Movable assets included
Centrally located in Quigney | Fully furnished and comprises of 83 beds (13 beds - single and 70 beds - 2 sharing) and also offers the students shared kitchens, bathrooms, common lounge and a study room.
Currently it is fully occupied with a university lease. The property is centrally located in the CBD and has easy access to the transport networks.
The suburb has a charm to it that long-time residents strive to maintain and is considered a trendy locale for students attending the East London campus of Fort Hare University. With a beautiful stretch of beach on its doorstep and within easy reach of the CBD, Quigney is the favoured destination for visitors to East London. Quigney is the oldest section of the city of East London, South Africa. This suburban area was formed in 1873 and land sales only took off after a tramline was built to reach the beach and easier access established into the suburb. Today, Quigney is the heart of East London where top hotels, edgy restaurants and the aquarium line the beachfront.
East London is a city on the Indian Ocean, in South Africa’s Eastern Cape. It’s known for its beaches, such as Nahoon and Cove Rock. Elephants, lions, zebras and other wildlife roam in several nearby game reserves.
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