House for sale
Combine family comfort and rental income in a sought-after neighbourhood, featuring a four-bedroom double-storey home, indoor/outdoor braai and four income-generating flatlets with expansion plans.
Spacious Double-Storey Property with Income-Generating Flatlets & Expansion Potential
This versatile and well-positioned property offers the perfect blend of comfortable family living and excellent investment opportunity. Situated on a divided erf, the property features a spacious 4-bedroom double-storey main house together with 3 separate flatlets, making it ideal for extended families or rental income generation.
The main house boasts a welcoming open-plan layout with a modern kitchen, an additional enclosed kitchen area, a spacious lounge, and a dedicated entertainment room perfect for hosting family and friends. Enjoy year-round entertaining with both an indoor braai area as well as an outdoor braai space. The home includes 3 well-sized bathrooms fitted with both baths and showers for added convenience, along with 3 parking bays.
At the rear of the property, you will find 4 flatlet units:
* 3 x one-bedroom units
* 1 x spacious two-bedroom unit with parking
Each flatlet is equipped with its own kitchen and bathroom, offering privacy and comfort for tenants or guests.
Adding even more value, the approved plans include the opportunity to build 2 additional units, creating exceptional future income potential for investors or developers.
This is a rare opportunity to secure a multi-functional property with space, comfort, and outstanding investment possibilities all in one.
Listed for sale at R2,300,000
How does this home’s price compare with similar properties?
Insight
Priced 17% below the local median - but still inside the typical range across Gqeberha.
Compared with 44 5+ bed homes (46 listings) across Gqeberha.
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.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Bridgemeade is a quiet, family-friendly residential suburb in Gqeberha offering convenient access to major transport routes and essential community amenities.
