House for sale
Flexible family and investment opportunity in quiet Gonubie — spacious main home with pool, separate self-contained flats, double automated garage, high boundary wall and sunny patio.
Versatile Gonubie Home with Excellent Income Potential
Situated in a quiet street in Gonubie, this spacious property offers flexible accommodation for an extended family or a buyer looking to generate rental income. With solid bones and scope for improvement, it has the potential to be configured as a three-bedroom home with three self-contained flats or adapted into four self-contained units.
The main home features a generous kitchen and dining area with separate electric and gas hobs, opening onto a patio and sunny swimming pool. Three bedrooms provide comfortable accommodation, with an en-suite bathroom serving the main bedroom.
A spacious poolside lounge, complete with its own kitchen and shower room, offers potential as a self-contained flat. It has a separate entrance and opens onto a patio with pool access.
A separate bedsitter includes its own entrance, kitchenette and shower room, with a tenant currently in place.
The additional one-bedroom flat is approximately 90% complete. It offers a large bedroom with an en-suite bathroom designed to accommodate special needs, provision for a washing machine, and a spacious separate kitchen and lounge area. The kitchen still requires completion. This flat also has its own entrance and access to the pool.
A double garage with automated doors, an automated entrance gate and a high boundary wall add convenience and privacy. A wooden storage hut provides useful extra space.
While the property needs some TLC, its generous accommodation and versatile layout offer an exciting opportunity to add value and make it your own.
Contact Chris at 3%.com Properties to arrange a viewing.
Listed for sale at R1,950,000
How does this home’s price compare with similar properties?
Insight
Priced 26% above the local median - but still inside the typical range in Gonubie.
Compared with 19 3-bed homes (21 listings) in Gonubie.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Gonubie is a picturesque coastal suburb in East London that offers residents a relaxed seaside lifestyle with convenient access to essential amenities and beautiful natural landscapes.