AUCT-001093 | On Auction

Student Residence in Quigney, East London

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    2019-11-07 11:00:00
    Student Residence in Quigney, East London

    Student Residence, Salisbury House, 17 Rhodes Street, Quigney, East London.

    Extent: ± 1 049 m² | GLA: ± 1 209 m² | Gross Annual Income: ± R 1.8 Million | Fully Let | 77 Beds | Movable assets included

    Quigney, Eastern Cape


    Located in Quigney | Fully furnished and it comprises of 77 beds (15 beds - single and 62 beds - 2 sharing) and also offers the students shared kitchens, bathrooms, common lounge and a study room | Currently fully occupied with a university lease.

    Centrally located in the East London CBD, close to universities and with easy access to 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.  
    Commercial Type:
    Block of Flats
    Web Reference:
    AUCT-001093
    List price:
    POA
    Address:
    Salisbury House, 17 Rhodes Street, Quigney, East London, Eastern Cape
    Property Extent:
    ±1049 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:
    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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