Apartment for sale
Wake up to Humewood beachfront living — a spacious one-bedroom apartment with private balcony, Airbnb accreditation and secure gated parking, offering clear renovation and conversion potential.
Opportunity is the headline here. Positioned on the Humewood beachfront in Port Elizabeth, this 80sqm one-bedroom apartment offers something investors rarely find at R650,000: a coastal address, existing Airbnb accreditation and clear scope to grow the asset. The layout is generous for a one-bedroom, with a spacious lounge, a functional galley kitchen and a private balcony that extends your usable space. The bedroom is fitted with full-wall built-in louvre-door wardrobes and retains its original parquet block flooring — an honest, characterful base to build on. Dedicated secure parking is included, accessed via a gated basement area, adding practical value for both owners and short-stay guests. The building is an established multi-storey block set behind a secured perimeter, with palm-lined street frontage a short reach from the sand. This is a property that rewards vision. The kitchen, bathroom and finishes are original and dated, presenting an obvious value-add renovation path for an investor who wants to lift both rental yield and resale value. Better still, the unit can be reconfigured into a two-bedroom apartment, widening its appeal to holiday-makers, long-term tenants and future buyers alike. With Airbnb accreditation already in place, the runway to short-term rental income is short. For a first investment, a coastal holiday-let or a buy-renovate-hold play, few options at this price combine beachfront positioning, income approval and conversion flexibility so directly. Bring your numbers and your imagination.
Listed for sale at R650,000
How does this home’s price compare with similar properties?
Price comparison based on 11 similar-sized studio–2 bed homes.
Insight
Priced 25% below the local median - and below the typical range in Humewood.
Compared with 11 similar homes (15 listings) in Humewood.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Humewood is a sought-after coastal suburb in Gqeberha, offering residents a relaxed seaside lifestyle with convenient access to pristine beaches, educational institutions, and vibrant local amenities.