R6,450,000

R6,450,000

1,256m² Bed & Breakfast For Sale in Quigney
Open
No Transfer Duty
Andre Goosen

Great Investment opportunity!

Web Ref. ELO-CS00073
Land size 2149.00 m²
Floor size 1256.00 m²
Monthly Bond Repayment
R63,873.79
The property is located on 5 adjoining erven in Quigney and has great rental income potential. The business zoning allows for many usage options. There are 51 bedrooms, 34 bathrooms, communal kitchens, 3 separate access controlled gates, on site parking, boundary walls and burglar bars for security. Whilst the buildings require some minor and also major repairs, one of the buildings has approved plans to extend further. The seller is VAT registered and the buyer will cover costs for COC, woodborer and electrical fence certificates.

Features

Zoning
Commercial
Interior
5 Kitchens
37 Bathrooms
Sizes
Land Size 2,149 m²
Floor Size 1,256 m²
Parking Bays
10 Open Parkings
Additional Amenities
Balcony
Deck
Access Gate
Paveway
Listing Info
Date Listed 12-11-24
Time Listed 11:10

Quigney, East London

East London real estate can be found at the northern end of a 300 kilometre stretch of coastline known as the 'Sunshine Coast', and is renowned for its great expanses of beautiful un-crowded beaches. Sleepy seaside towns and villages create a picturesque setting along river mouths, leading to long stretches of golden sands which makes the area very appealing to surfers, swimmers and sun-worshipers. The property in East London is some of the most sought after real estate in South Africa.Our shores are lapped by the warm waters of the Indian Ocean, and having a sub-tropical climate makes this region a sought after tourist destination for International tourists and local South Africans. Mdantsane, a vibrant township on the outskirts...
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Finance

Total Amount Repayable
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Monthly Repayment
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