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R 20 000 000

Commercial Property for Sale in Quigney

Quigney, East London
  • RETIREMENT
16 Bedroom Commercial Property in a Prime area of the Quigney

This Prime Commercial Property is an Investor’s Paradise. It is situated in a highly visible

area. There are added advantages of it being within walking distance to the

beach front and other amenities such as as a Chemist, Fast food outlets and Shops.

This Property Features 16 Rooms with 8 being two-bedroom units, each with their own

bathrooms and kitchenettes, 8 Bachelor pads also featuring their own private bathrooms and

kitchenettes. All units are equipped with prepaid meters and geyser systems. It also has

6 Newly Built Unfinished two-bedroom units upstairs, perfect for further development.

There are the Additional features of a reception area, ideal for a B&B or guesthouse setup.

Large undercover secured parking area with remote-controlled access.

A fully licensed bar, providing another revenue stream.

A Storage room for added...

This Prime Commercial Property is an Investor’s Paradise. It is situated in a highly visible

area. There are added advantages of it being within walking distance to the

beach front and other amenities such as as a Chemist, Fast food outlets and Shops.

This Property Features 16 Rooms with 8 being two-bedroom units, each with their own

bathrooms and kitchenettes, 8 Bachelor pads also featuring their own private bathrooms and

kitchenettes. All units are equipped with prepaid meters and geyser systems. It also has

6 Newly Built Unfinished two-bedroom units upstairs, perfect for further development.

There are the Additional features of a reception area, ideal for a B&B or guesthouse setup.

Large undercover secured parking area with remote-controlled access.

A fully licensed bar, providing another revenue stream.

A Storage room for added convenience

You have 3 lucrative options for this property:

Turn the existing rooms into a B&B.

Rent each room individually for long-term tenants.

Utilize as student accommodation.

Why Invest Here?

This property is positioned in a high-demand area and offers exceptional

income-generating potential with multiple streams. Whether you’re targeting

holidaymakers, long-term tenants, or students, this property is designed to maximize profitability.

The Owner is offering a Flexible Payment Option: Place a deposit and balance payable over 3 years.

Don’t miss out on this golden opportunity. Contact us to schedule a viewing or to get more details.

Listing number: P24-115462596, Image number: 1
Listing number: P24-115462596, Image number: 2
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Listing number: P24-115462596, Image number: 5
Listing number: P24-115462596, Image number: 6
Listing number: P24-115462596, Image number: 7
Listing number: P24-115462596, Image number: 8
Listing number: P24-115462596, Image number: 9
Property Overview
Listing Number
115462596
Type of Property
Commercial Property
Description
Guesthouse, Hotel
Lifestyle
Coastal/Beach, Retirement Living, Student Accommodation, Shared Living
Listing Date
22 January 2025
Parking
Large Parking area within the building
Secure parking
Multi Tenanted
Yes
Style
Conventional
Wall
Brick
Standalone Building
Yes
Number of floors
2
Security
Electric Gate, Security Gate, Burglar Bars, Perimeter Wall
Temperature Control
2 Units have working fire places
Fireplace
Nearby Public Transport
Bus, Minibus Taxi
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