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R 3 000 000
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Commercial Property for Sale in Quigney

Quigney, East London
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  • Erf Size 607 m²
    • m²: 607 m²
    • Hectares: 0.061 ha
    • Acres: 0.15 acres
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Patrick Schwartz

Welcome to an exceptional investment opportunity in the heart of Quigney. This meticulously maintained commercial property offers a lucrative venture for savvy investors. Boasting a pristine appearance, this double-story gem is sure to captivate discerning buyers seeking reliable returns.

Comprising four spacious 3-bedroom flats, each unit features a well-appointed bathroom and separate toilet, alongside a functional kitchen. The versatile layout includes a unique configuration where the lounge area of each flat has been repurposed as an additional bedroom, optimizing rental potential. Presenting a hassle-free management solution, each room is leased individually, ensuring steady income streams.

Noteworthy upgrades enhance the property's appeal, with all windows replaced with durable aluminium frames, guaranteeing longevity and energy efficiency. The common passage...

Welcome to an exceptional investment opportunity in the heart of Quigney. This meticulously maintained commercial property offers a lucrative venture for savvy investors. Boasting a pristine appearance, this double-story gem is sure to captivate discerning buyers seeking reliable returns.

Comprising four spacious 3-bedroom flats, each unit features a well-appointed bathroom and separate toilet, alongside a functional kitchen. The versatile layout includes a unique configuration where the lounge area of each flat has been repurposed as an additional bedroom, optimizing rental potential. Presenting a hassle-free management solution, each room is leased individually, ensuring steady income streams.

Noteworthy upgrades enhance the property's appeal, with all windows replaced with durable aluminium frames, guaranteeing longevity and energy efficiency. The common passage area and staircase are elegantly tiled, exemplifying attention to detail and ease of maintenance.

Convenience is paramount, highlighted by the inclusion of a tunnel garage capable of accommodating two motor vehicles. Additionally, the property offers ample parking space for an additional six cars onsite, catering to the needs of tenants.

With an impressive monthly rental income of approximately R45,000, this property promises robust returns on investment. Whether you're a seasoned investor or a newcomer to the commercial real estate market, seize this golden opportunity to secure a prosperous future.

Don't miss out on this immaculate property in Quigney—an investment opportunity that's truly second to none. Arrange a viewing today and unlock the potential of this prime commercial asset.

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Listing number: P24-114005549, Image number: 1
Listing number: P24-114005549, Image number: 2
Listing number: P24-114005549, Image number: 3
Listing number: P24-114005549, Image number: 4
Listing number: P24-114005549, Image number: 5
Listing number: P24-114005549, Image number: 6
Listing number: P24-114005549, Image number: 7
Listing number: P24-114005549, Image number: 8
Listing number: P24-114005549, Image number: 9
Property Overview
Listing Number
114005549
Type of Property
Commercial Property
Listing Date
15 February 2024
Erf Size
607 m²
Rates and Taxes
R 8 918
Bathrooms
12
In unit bathrooms
Kitchens
1
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Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
View Breakdown
What do I qualify for based on my income?
What are the bond and transfer costs?
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

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