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
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.
