Monthly Bond Repayment R16,972.46
Calculated over 20 years at 10.5% with no deposit.
Web Ref No RL51366
Prime Investment Opportunity in Quigney
This versatile property offers endless potential for developers and investors alike. The erf is 452m², with the front portion already cleared – a blank canvas ready for your vision.
At the back, the property features 3 income-generating flats, while the front section holds approved plans for a B&B, with rezoning already underway. Adding to its value, the property is equipped with 3-phase power and enjoys magnificent ocean views.
The location is unbeatable – with easy access to East London’s iconic beaches, shopping centres, schools, medical hubs, and transport routes.
Whether you’re looking to expand on the existing flats, develop a guesthouse, or build something entirely new, this property offers unmatched potential in one of East London’s most sought-after coastal suburbs.
💡 Highlights:
452m² erf in Quigney
3 existing flats at the rear of the property
Cleared front portion ready for development
Approved B&B plans + rezoning underway
3-phase power supply
Stunning ocean views
Excellent accessibility to key East London amenities
Features
Bedrooms 3
Bathrooms 3
Land Size 451m²
Monthly Rates R891.81