Entertainer's dream combining family comfort and investment potential in a convenient neighbourhood, featuring a 50m2 deck, two self-contained flatlets and a double garage.
This expansive property offers a beautifully designed 4-bedroom, 3-bathroom main house complemented by two fully self-contained flatlets, each featuring its own bedroom, kitchen, and bathroom. The main home boasts two generous lounges and a dedicated dining area, creating a comfortable and versatile living space ideal for both family life and entertaining. A 50m2 deck extends the living area outdoors, perfect for relaxation or hosting guests. The property also includes a double garage and an impressive six additional parking spaces, ensuring ample room for residents and visitors alike. Added practicality comes in the form of installed water tanks, enhancing sustainability and reliability.
This property stands out as an investor’s dream, offering multiple streams of income through short-term or long-term rental opportunities. Whether operated as an Airbnb, guest house, or traditional rental setup, the dual flatlets provide immediate income-generating potential while maintaining privacy from the main house. With the addition of a potential third flatlet at the front of the property, there is an exciting opportunity to break up the property into four separate dwellings, significantly increasing rental yield and overall value. This flexible layout makes it easy to cater to different tenant needs while maximizing occupancy and return on investment.
The main residence is thoughtfully laid out, with spacious bedrooms and well-appointed bathrooms designed for comfort and convenience. The two lounges provide flexibility for family living, entertainment, or even a home office setup, while the dining area connects seamlessly to the rest of the home. The deck enhances the lifestyle appeal, offering an inviting outdoor space that complements the interior living areas.
Altogether, this property combines generous living space, practical features, and outstanding income potential, making it a rare and valuable opportunity for both homeowners and savvy investors.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R3,350,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 97 listings in Gqeberha (town)
Insight
Priced above the median for similar properties in the area. Floor size is 47% 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
97 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
Fernglen is a tranquil, leafy residential suburb in Gqeberha that offers families and professionals a peaceful atmosphere with convenient access to major arterial roads and essential urban amenities.
* Distances and amenities are approximate.