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Gqeberha Central, Gqeberha Central, Gqeberha, Eastern Cape
R 595 000
Prime Investment Opportunity: High-Yield Student or Multi-Let Apartment in Central. Unlock exceptional value with this versatile and secure apartment, perfectly positioned in the heart of Central. Originally a spacious two-bedroom unit, this property has been intelligently optimized to maximize rental income, making it an ideal addition to any investment portfolio. Property Highlights Maximum Occupancy: The exceptionally large lounge has been partitioned into an additional bedroom, effectively creating a three-bedroom layout perfect for student accommodation or high-density urban rentals. Move-In Ready: The unit is well-maintained, clean, and ready for immediate occupation by tenants, ensuring no downtime for your investment. Secure Living: Peace of mind is a priority here. The building features: Automated Electric Gate access. Secure Tag Entrance system for residents. Designated Parking Area within the secure perimeter. Prime Location: Situated in a high-demand area of Central, Hurstwood. It is within walking distance of major transport routes, shopping hubs, and educational institutions, ensuring a consistent pool of potential tenants. Financial Potential With its modified layout, this property offers a significantly higher rental yield compared to standard two-bedroom units in the area. Whether you are looking to house students or young professionals, the "lock-up-and-go" nature of this building makes it a highly attractive and low-maintenance option.
Estimated monthly repayment
R 5 619
on a R 535 500 bond over 20 years at 11.25%
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Gqeberha Central, Gqeberha Central, Gqeberha, Eastern Cape
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Fair-value check
Fairly pricedIn line with comparable 2-bed apartments for sale in Gqeberha Central
Based on 27 comparable listings
A market signal from comparable listings — not a formal valuation.
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