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Beachside investment with effortless coastal living — just two blocks from the sand, rental income potential, five bedrooms and one bathroom with both covered and open parking.
Discover a fantastic investment opportunity with this conveniently located five-bedroom property, perfectly situated just two blocks from the beach. This well-maintained apartment offers a blend of comfort, convenience, and coastal charm, making it an ideal choice for both savvy investors and families looking for a beachside retreat.
Investment Opportunity
*Potential Income (per annum): R187,200 pa
Expenses (levies, rates, maintenance): R61,440 pa
Potential Net: R125,760 pa
ROI: 12,8%
*Based on full occupancy and current rates.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R950,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 190 listings in Gqeberha (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 6% above the median. Floor size is 19% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
190 similar listings
High similar-home inventory town-wide (Gqeberha)
Median time on market: 106 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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.
* Distances and amenities are approximate.
