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South Africa » Eastern Cape » Gqeberha » Office in Gqeberha Central

Commercial Property for Sale Gqeberha Central with great student accommodation opportunity

Ref # SP-78084
POA
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Property Details
6 8 10 Peel St
943m²
944m²

An exceptional investment opportunity in the heart of Gqeberha Central, comprising three separate properties situated at 6, 8 and 10 Peel Street, with a combined floor area of approximately 944 m2.

The property is ideally positioned within an established student accommodation hub and offers excellent potential for investors, developers or owner-occupiers looking for a substantial commercial asset with alternative future-use possibilities.

Currently configured as office accommodation, the property consists of three separate units, each extending over three floors. The existing layout provides a combination of reception areas, a boardroom, private offices and open-plan office areas, creating a versatile configuration suitable for a range of professional or commercial uses.

The buildings are fitted with carpeting and include two kitchens and five ablutions. A full parking garage is also available on the property, while the configuration of three separate buildings provides flexibility for individual occupation, rental income generation or future redevelopment.

One of the key attractions is the property's potential for conversion to student accommodation. Its location within a well-established student area, together with convenient access to bus stops and student shuttle services, creates an opportunity for purchasers to investigate alternative accommodation uses, subject to the necessary approvals and zoning requirements.

The properties also offer excellent signage opportunities and strong accessibility, making this a strategically positioned commercial holding in the Central business district.

Close to bus stops and student shuttle services

Established student accommodation precinct

Potential for student accommodation conversion, subject to approvals

Suitable for owner-occupation, investment or redevelopment. The premises has large power capabilities of 100amp 3 phase supply.

This is an opportunity to acquire a substantial multi-property commercial asset in Gqeberha Central with an existing office configuration and significant potential for alternative use.

Property Features
Property Type
Office
Floor Size
943m²
Land Size
944m²
Additional Information
Grade
B
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Claudia Strydom
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