Smart investment in a convenient neighborhood offering flexible living and strong cashflow: main 3-bedroom home plus three self-contained income units, ideal for renovation or multi-generational use.
3 bedroom, 2 bath home with lounge and open kitchen/dining area plus three self contained income units (each with its own bathroom). Excellent rental or renovation opportunity with strong cashflow potential — property needs some TLC.
Full listing description:
This versatile property offers a main residence featuring 3 bedrooms, 2 bathrooms, a comfortable lounge and a combined kitchen/dining area, plus three separate self-contained units, each with its own bathroom — ideal for supplemental rental income or multi-generational living. Solid bones and layout provide excellent scope for cosmetic updates, value add renovations, or conversion to maximize returns. Located in a convenient neighborhood, the property is a smart choice for investors or hands on buyers prepared to do light to moderate refurbishment.
Don’t miss this high potential opportunity.
Listed for sale at R1,300,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 236 listings in Gqeberha (town)
Insight
Priced close to the median for similar properties.
Similar properties pricing
Affordability
R 12,761 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
236 similar listings
High similar-home inventory town-wide (Gqeberha)
Median time on market: 113 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
Gelvandale is a well-established residential area offering a close-knit community feel with convenient access to essential amenities and services.
* Distances and amenities are approximate.