House for sale
5 Bed 3 bath with 2 flatlets for sale
Ideal for communal living or investors, conveniently located near transport and amenities. Massive opportunity to convert to 18-bed student accommodation; currently five bedrooms, three bathrooms and single garage.
SOLE MANDATE
This property provides a MASSIVE INVESTMENT OPPORTUNITY if converted to student accommodation
18 beds x R4400 = R79 200
3 Bathrooms
3 Kitchens
2 Common areas
Currently, this beautiful property consists of the following:
Total rental income of R19 132/month
Main House currently let for R9222/month until the 30 April 2027
3 Bedrooms
1 Bathroom with shower
Lounge
Open plan dining room
Kitchen
Enclosed garden
Garage
Flatlet currently let for R5410/month until the 28 Feb 2027
1 Bedroom
1 Bathroom with shower
Lounge
Kitchen
Studio apartment currently let for R4 500/month until the 28 Feb 2027
1 Bedroom
1 Bathroom with shower
Kitchenette
“The information provided is believed to be true and correct but does not form part of any agreement”
Additional features
Ownership costs
Property history
Listed for sale at R2,200,000
Price reduced by 2.3% to R2,150,000
Price reduced by 4.7% to R2,050,000
Price reduced by 2.4% to R1,999,999
Price reduced by 2.5% to R1,949,000
Smart property insights
How does this home’s price compare with similar properties?
Price comparison based on 12 similar-sized 5+ bed homes.
Insight
Priced 17% below the local median - at the lower edge of the typical range across Gqeberha.
Compared with 12 similar homes (13 listings) across 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.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
