We Will Offer For Sale By Public Auction The Property Situated At:
30 GANTEAUME CRESCENT, QUIGNEY, EAST LONDON.
- Date: 25th February 2026.
- Time: 18:00pm
- Venue: 8 Beach Road, Nahoon, East London.
- Viewing: By Appointment or one hour before auction.
ID & proof of residence required for registration.
WATCH THE YOUTUBE VIDEO HERE
AUCTIONEERS NOTE – EDEN HOUSE – 49-ROOM BOARDING HOUSE. PRIME HIGH-DENSITY INVESTMENT.
Positioned on the corner of Ganteaume Crescent, Eden House offers a rare opportunity to acquire a well established, income-producing boarding house in a consistently high-demand location.
Originally developed as a residential care facility, the property has been successfully converted into a high-density shared accommodation asset designed for long-term operational efficiency.
Owned and operated by a single owner since 2005, the property has been managed remotely for many years with a permanent on site caretaker overseeing daily operations.
The property comprises:
• 49 income-generating rooms
• Individual prepaid electricity meters within each room
• Two communal kitchens
• Communal shower and ablution facilities
• Free Wi-Fi
• Basic camera security system
• Fully walled and fenced perimeter
• On site caretaker in place
Rental rates range from R2 350 to R3 200 per room per month, offering diversified income and a steady tenant pipeline.
Within walking distance of town and close to universities, transport routes and amenities, demand in this node remains exceptionally strong.
Turnkey investment with immediate cash flow.
Contact Justin Rohtbart For More Information – 083 789 2550.
EDEN HOUSE – TITLE DEED.
EDEN HOUSE EVACUATION PLAN:
VALUATION:
SELLER DISCLOSURE:
RENTAL INCOME:
TERMS:
10% DEPOSIT, AUCTIONEERS COMMISSION & ADVERTISING COSTS PAYABLE ON THE FALL OF THE HAMMER. Full terms & conditions of auction available for inspection at our office. Subject to change without notice. Right of admission reserved.
