R 4 000 000
calculate bond costs
Commercial space in Quigney
24 seaview terrace
6
607 m²
NSFAS Approved Student Block
NSFAS Approved
Accommodates 50 students and is already on the NSFAS Portal.
Located right on the East London beachfront with breathtaking sea views this property has all the feels to be an iconic res private residence
ZONED correctly for Students Guest House
NSFAS - Grade B Income Breakdown
6 x R4693 R28 158
34 x R4458 R151 572.00
Plus further 10 beds
10 x R4693 R46 930.00
Total Income - R226 660.00 month
- Triple Storey
- 25 Rooms
- 10 bathrooms - Most rooms have access to shared bathrooms, or their own private bathroom depending on the room size. This provides flexibility for a range of accommodation options.
- 3 Large Kitchens:
- 4 Lounges:.
- Conference Room:
- Outside Lapa communal area
Please note the selling price is exclusive of VAT
Property details
- Listing number T4951158
- Property type Commercial
- Listing date 6 Jun 2026
- Land size 607 m²
- Rates and taxes R 10 077
Property features
- Open parking 6