Apartment for sale
Enjoy hassle-free investment living with a tenanted, partially furnished 2-bedroom apartment in a secure, convenient neighbourhood near amenities, currently generating R5,800/month and ready to earn.
An excellent opportunity for investors looking for an income-generating property.
This well-positioned 2-bedroom apartment is currently occupied by a tenant and generating a rental income of R5,800 per month, providing an immediate income stream for the new owner.
The apartment offers a practical layout with two bedrooms, a kitchen and bathroom, making it suitable for a variety of tenants, including young professionals, small families or students.
Property Features:
2 Bedrooms
Functional kitchen
Bathroom
Secure residential setting
Currently tenanted
Current rental: R5,800 per month
Ideal for investors seeking rental income
Includes some furniture
With a tenant already in place, this property offers the advantage of existing rental income from day one, while also presenting potential for future rental growth.
Listed for sale at R375,000
How does this home’s price compare with similar properties?
Price comparison based on 5 similar-sized 2-bed homes.
Insight
Priced 35% below the local median - at the lower edge of the typical range in Gqeberha Central.
Compared with 5 similar homes (6 listings) in Gqeberha Central.
The lower price may partly reflect the smaller floor size.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Gqeberha Central offers a vibrant urban lifestyle characterized by its historic architecture, proximity to the city's business hub, and easy access to the scenic coastline.
