Apartment for sale
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
Compared with 45 active listings in Gqeberha.
Insight
Priced 30% above the local median — and above the typical range for Gqeberha.
The premium partly reflects the larger floor size; buyers should still compare condition, position, views and finishes before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Good value · based on 43 listings
Large at a premium · based on 43 listings
Market depth
45 listings
Similar homes town-wide
133 days
Median time on market
Many similar homes
Active across Gqeberha
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 that offers residents a relaxed seaside lifestyle with convenient access to pristine beaches, educational institutions, and the city's vibrant entertainment hubs.