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Effortless passive income in a convenient neighborhood close to schools, shops and tertiary campuses — four self-contained flatlets with private entrances, eight bedrooms, four bathrooms and six covered parking.
An exceptional opportunity for savvy investors! This property offers strong rental income with four well-designed flatlets, making it an ideal addition to any property portfolio. Fully tenated and managed property.
Every flatlet features its own entrance, ensuring privacy for tenants while maximizing rental appeal. The flatlets are well-maintained and designed for low upkeep, providing a hassle-free income stream. Each flatlet has a fully equipped kitchen, a lounge, two bedrooms and a bathroom fitted with a shower, toilet and basin. Each unit has their own prepaid electricity meter and water.
The property boasts ample parking space, secure surroundings, and a layout that supports consistent occupancy. Whether you're looking to generate passive income or expand your rental portfolio, this property delivers excellent returns and long-term value.
Conveniently located close to key amenities such as schools, shops, Teriary educational facilities and transport.
Contact us today to arrange your viewing.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,080,000
Price reduced by 6.3% to R1,950,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 60 listings in Gqeberha (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 21% below the median. Floor size is 25% smaller than typical for similar homes.
Similar properties pricing
Key differences
Market depth
60 similar listings
High similar-home inventory town-wide (Gqeberha)
Median time on market: 143 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
Sydenham is a centrally located, established residential suburb in Gqeberha that offers residents convenient access to major transport routes, essential amenities, and proximity to the city's commercial hubs.
* Distances and amenities are approximate.
