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Thriving student-rental opportunity a short walk to the university and local amenities, offering low-maintenance living and a huge self-sustaining vegetable garden — 16 beds, 6 baths.
A lucrative investment opportunity, with potential for high rental yields and long-term capital growth. Modern, neat and low maintenance.
Downstairs:
This space enters into an open plan lounge and fully fitted kitchen with stove and fridge.
10 spacious bedrooms each including study desk, wardrobe and bed.
3 bathrooms offer shower, hand basin and toilet.
Upstairs:
3 units, each consisting of 2 bedrooms, a fully fitted kitchen with stove and fridge and a bathroom with shower, hand basin and toilet.
The 3rd upstairs unit also offers an open plan lounge.
As per the downstairs level, each bedroom upstairs includes study desk, wardrobe and bed.
Added extras: a laundry facility and huge self-sustainable vegetable garden for the students.
Escape to a self-sufficient lifestyle on this stunning property, complete with a private borehole which supplies the entire property. Enjoy water independence and minimise costs on your municipal account!
This property offers an eco-friendly feature of solar panels, thereby reducing the carbon footprint, provides a sustainable source of energy and is cost effective by reducing electricity bills and makes it an attractive feature for investors looking to minimize expenses.
*The property also offers an incomplete structure, with plans for additional accommodation units.
Don't miss out on this exceptional investment opportunity, situated in a prime location close to the University and all amenities.
Make that offer now and secure your place in the thriving Student accommodation market.
Registered with NASFAS
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R4,500,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 59 listings in Gqeberha (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 51% above the median.
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
59 similar listings
High similar-home inventory town-wide (Gqeberha)
Median time on market: 129 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
Summerstrand is a prestigious, coastal suburb in Gqeberha that offers residents a relaxed seaside lifestyle, proximity to top-tier educational institutions, and easy access to pristine beaches and vibrant local amenities.
* Distances and amenities are approximate.
