Student Residence in Central, East London

Student Residence in Central, East London

AUCT-001091 | On Auction

Riverview Terrace, 5 Buffalo Street, East London, Eastern Cape


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Student Residence, Riverview Terrace, 5 Buffalo Street, East London Central.

Extent: ± 607 m² | GLA: ± 830 m² | Gross Annual Income: ± R 1 Million | Partially let | 55 Beds

Located in the heart of East London | Solely let to students (end user model), fully furnished and comprises of 55 beds (9 beds - single and 46 beds - 2 sharing) and also offers the students shared kitchens, bathrooms, common lounge and a study room.

The property is centrally located in the CBD and has easy access to the transport networks.

Quigney is a suburb of East London in the Eastern Cape. Quigney derived its name from the stream which flows down the valley from above the railway station to the harbour. The earliest maps of East London refer to this stream as the Gwygney River and for many years this spelling was consistently used. In time, however, the pronunciation changed to the present day Quigney.

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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Commercial Type:
Block of Flats
Web Reference:
AUCT-001091
List price:
POA
Address:
Riverview Terrace, 5 Buffalo Street, East London, Eastern Cape
Property Extent:
607 m2
Auction Venue:
East London Golf Club
22 Gleneagles Upper Road
Bunkers Hill
East London
Eastern Cape
Auction Date:
07 November 2019 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required
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Auction Date: 07 November 2019 11:00 am

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