House for sale at 50 2nd Avenue
Live, work and earn from one address in a corner location — steps from schools, shops and transport — dual-zoned with independent flatlet, five bedrooms, three bathrooms, ample parking.
Endless Possibilities: Dual-Zoned Corner Property with Massive Income Potential!
Welcome to a property that wears many hats—and wears them all beautifully. Situated on a prominent corner lot with dual business and residential zoning, this unique double-story property is the ultimate real estate chameleon. Whether you are looking to launch a business, house a massive multi-generational family, or cash in on a triple-stream rental portfolio, this property is your canvas.
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The Layout Breakdown
Downstairs:
- 2 Bedrooms | 1 Bathroom
- A fully equipped kitchen and an open, inviting living area.
- Best Use: Perfect as a self-contained apartment, a chic client-facing office, or a medical/consulting practice.
Upstairs:
- 3 Bedrooms | 2 Bathrooms
- A generous master layout, its own independent kitchen, and a large, light-filled living room.
- Best Use: The ideal main family residence or a premium upper-level rental unit.
The Bonus: Independent Flatlet
- 1 Bedroom | Self-contained setup.
Best Use: Perfect for a teenager's pad, guest quarters, or an immediate Airbnb/long-term rental stream.
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Location & Lifestyle
You know the golden rule of real estate: "Location is everything." This property delivers convenience on a silver platter:
- Education: A stone's throw away from leading local schools.
- Retail Therapy: Minutes from bustling shopping centers, restaurants, and daily amenities.
- Commuting Made Easy: Effortless access to major public transport routes, making it highly accessible for clients, employees, or tenants.
Investor's Note:
Properties with this level of versatility and dual-zoning rarely hit the market. Live in one, rent the others, or convert the entire footprint into a thriving commercial hub.
Don't let this corner-lot gem slip away. Schedule your private viewing today and explore the potential!
Listed for sale at R1,699,000
How this home compares with 57 active listings in Gqeberha.
Insight
Priced 39% below the local median — and below the typical range for Gqeberha.
It sits below similar homes even on a price-per-m² basis — condition, position or finishes may explain the gap. 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 38 listings
More compact · based on 38 listings
Market depth
57 listings
Similar homes town-wide
125 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.
Newton Park is a centrally located, vibrant suburb in Gqeberha that offers a convenient urban lifestyle with a mix of established residential properties, bustling commercial hubs, and easy access to major transport routes.
* Distances and amenities are approximate.