Apartment for sale
Income-focused city living in Central Gqeberha, footsteps from Rink Street and campuses — student-ready three-bedroom layout with income stream and one bathroom, ideal for value-add investors.
Investment Opportunity – 3-Bedroom Apartment | Goldor Apartments, Central, Gqeberha
54 Clyde Street, Goldor Apartments – Central, Gqeberha
Unlock the potential of this 3-bedroom apartment with no lounge, currently generating a combined rental income of R7,800 per month, making it an attractive investment opportunity in the heart of Central.
The apartment's layout lends itself particularly well to student accommodation, with three bedrooms that can be rented individually rather than as a conventional family apartment. With its location close to Rink Street and the surrounding educational and commercial precinct, the property offers an opportunity for an investor to reposition the unit toward the student rental market.
Investment Highlights
3 bedrooms
No lounge, making the existing layout suitable for student accommodation
Current rental income: R7,800 per month
Potential student accommodation income of R10,000+ per month, subject to room configuration, demand and applicable requirements
Located at 54 Clyde Street, Goldor Apartments
Close to Rink Street and Central, Gqeberha
Suitable for an investor looking to increase rental yield through student accommodation
Opportunity to improve and furnish the unit to maximise rental appeal
With the right student-focused setup, the property could provide an opportunity to increase monthly rental income from the current R7,800 level to R10,000+, while benefiting from the demand for affordable accommodation close to Central's amenities and institutions.
Ideal for investors seeking a value-add property with an existing rental income and potential for improved returns.
Listed for sale at R599,000
Wide price range across Gqeberha
Prices vary widely across Gqeberha, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Gqeberha (R439k–R786k).
Price comparison based on 14 similar-sized 3-bed homes.
Market depth
14 similar homes
17 listings across Gqeberha
Low inventory
Active across Gqeberha
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.
