AUCT-001620 | SOLD

Fully Let Mixed-Use Investment in Quigney

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    2022-04-21 11:00:00
    Fully Let Mixed-Use Investment in Quigney

    Fully Let Mixed-Use Investment. 56 Fleet Street, Quigney, East London

    The auction will be livestreamed from the venue. Digital bidding will be facilitated via the In2assets App https://auctions.in2assets.co.za | Extent: ± 842 m² | Gross Annual Income: ± R701 K| Fully tenanted | Zoning: Business Zone 1 | 4 Retail units | 2 Residential units

    Quigney, Eastern Cape


    This mixed-use property is situated on the R72, the main through road between Gqeberha to East London. The subject property is situated across the road from a large student accommodation establishment which is run by the University of Fort Hare, East London Campus.

    Quigney is ideally situated in the heart of East London and the immediate area consists of various business premises and commercial properties. The suburb of Quigney enjoys close proximity to the City Centre and local universities, schools and modern amenities.
    This multi-tenanted commercial property is highly visible on Fleet Street and has a lot to offer a potential investor.

    Access to the property is via Fleet Street. The building extends all the way through from Fleet Street to Chambers Street.

    The subject property consists of a double storey semi-detached residential building, which has been converted into a commercial space, with 4 commercial units on the ground floor and 2 residential units on the first floor.
    Commercial Type:
    Mixed use Commercial
    Web Reference:
    AUCT-001620
    Final price:
    POA
    Address:
    56 Fleet Street, Quigney, East London, Eastern Cape
    Auction Venue:
    Mount Edgecombe Country Club
    Mount Edgecombe Country Club Estate
    Mount Edgecombe
    KwaZulu Natal
    Auction Date:
    21 April 2022 11:00 am



    Auctioneer:
    Auction Terms and Conditions:
    R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

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