Apartment for sale
Vibrant student-living investment in central Quigney, walking distance to transport and amenities. Sectionalised 16-flat block with shared kitchens — 15 bedrooms, 4 bathrooms, sold whole.
An excellent investment opportunity in the heart of Quigney, ideally positioned for student accommodation or high-demand rentals.
This iconic block of flats comprises 16 sections in total and is being sold as a complete block, despite each unit being individually sectionalised.
Property Overview:
16 flats in total
3 levels: Ground floor, middle floor, and top floor
Five flats per floor
Additional bachelor flat located at the rear of the property
Shared kitchen facilities on each floor
Each flat is sectionalised, offering future flexibility, but the sale is for the entire block only
Key Features:
Prime central Quigney location
Ideal for student housing or multi-tenant rental
Well-known, established building with strong rental appeal
High-density layout maximising income potential
Walking distance to transport routes, amenities, and educational facilities
Investment Highlights:
Strong rental demand area
Multiple income streams from one purchase
Potential to enhance returns through student or room-based accommodation model
Sectionalisation already in place for long-term flexibility
This is a rare opportunity to acquire a full residential block in a high-demand rental node with excellent upside potential.
Listed for sale at R4,500,000
How does this home’s price compare with similar properties?
Insight
Priced 500% above the local median - and above the typical range across East London.
Compared with 97 homes (107 listings) across East London.
Buyers should compare condition, position, views, finishes and floor size before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Quigney is a vibrant, coastal suburb in East London that offers residents a relaxed beachside lifestyle with convenient access to the city center and scenic ocean views.
