House for sale
Enjoy prime Highfield Road living-investment in Korsten with vibrant main-road exposure, an established convenience store tenant and a 265m² backyard with outbuildings — ideal for income or redevelopment.
Positioned on one of Korsten`s busy commercial roads, Highfield Road, this substantial mixed-use property presents an outstanding opportunity for investors seeking immediate rental income with future redevelopment and value-add potential.
The ground floor is occupied by a long-standing convenience store tenant, providing an established income stream from day one.
Residential tenants currently occupy the first floor which offers generous accommodation comprising :
3 Spacious Bedrooms with balcony access
Large Lounge
Kitchen and
Bathroom
The upstairs residence showcases the charm of a solid older building, featuring high ceilings, beautiful original wooden floors and exceptionally spacious rooms throughout. Large windows leading to the balcony allow plenty of natural light, enhancing the sense of space. The kitchen is neat and functional, fitted with built-in cupboards, tiled flooring, ample workspace and room for appliances, providing everything needed for comfortable day-to-day living. The bathroom has been modernised, while retaining the property`s character with its high ceilings and excellent natural light.
The backyard measuring 265 square metres includes older outbuildings and additional structures, presenting an excellent opportunity for further development, additional rental units, storage facilities or business expansion (subject to municipal approvals).
Property Highlights:
497m2 Erf with sizeable backyard.
Approximately 304m2 Double-Storey Building
Existing Retail Tenant on ground floor
Existing Residential tenant Upstairs in 3-bedroom space
Excellent Main Road Exposure
Redevelopment Opportunity (Subject to Municipal Approval)
Strong Rental Demand Area
An Opportunity Not to Be Missed
Whether you`re looking to expand your investment portfolio on ground floor
or maximise rental returns through refurbishment, this versatile property offers the location, size and income-producing opportunity.
Some photographs have been digitally enhanced using AI-assisted editing to improve brightness, sharpness and overall presentation, and to remove temporary clutter or personal belongings. The property`s structural features, layout, room sizes and permanent fixtures have not been altered. Images are intended to provide a fair representation of the property, and prospective purchasers are encouraged to view the property in person.
Contact me today to arrange your viewing and explore the full investment potential of this Highfield Road property.
Listed for sale at R1,350,000
Compared with 284 active listings in Gqeberha.
Insight
Priced 7% below the local median — but still inside the typical range for Gqeberha.
It's larger than typical, which helps explain where it sits in the range. 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.
Similar properties pricing
Key differences
Good value · based on 155 listings
Above-average space · based on 155 listings
Market depth
284 listings
Similar homes town-wide
108 days
Median time on market
Many similar homes
Active across Gqeberha
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Korsten is a bustling, centrally located industrial and residential hub in Gqeberha that offers convenient access to major transport routes and essential services for those seeking an urban lifestyle.
