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Fernglen, Fernglen, Port Elizabeth (gqeberha), Eastern Cape
R 3 350 000
This expansive property offers a beautifully designed 4-bedroom, 3-bathroom main house complemented by two fully self-contained flatlets, each featuring its own bedroom, kitchen, and bathroom. The main home boasts two generous lounges and a dedicated dining area, creating a comfortable and versatile living space ideal for both family life and entertaining. A 50m² deck extends the living area outdoors, perfect for relaxation or hosting guests. The property also includes a double garage and an impressive six additional parking spaces, ensuring ample room for residents and visitors alike. Added practicality comes in the form of installed water tanks, enhancing sustainability and reliability.This property stands out as an investor&rsquos dream, offering multiple streams of income through short-term or long-term rental opportunities. Whether operated as an Airbnb, guest house, or traditional rental setup, the dual flatlets provide immediate income-generating potential while maintaining privacy from the main house. With the addition of a potential third flatlet at the front of the property, there is an exciting opportunity to break up the property into four separate dwellings, significantly increasing rental yield and overall value. This flexible layout makes it easy to cater to different tenant needs while maximizing occupancy and return on investment.The main residence is thoughtfully laid out, with spacious bedrooms and well-appointed bathrooms designed for comfort and convenience. The two lounges provide flexibility for family living, entertainment, or even a home office setup, while the dining area connects seamlessly to the rest of the home. The deck enhances the lifestyle appeal, offering an inviting outdoor space that complements the interior living areas.Altogether, this property combines generous living space, practical features, and outstanding income potential, making it a rare and valuable opportunity for both homeowners and savvy investors. Show more Show less
Estimated monthly repayment
R 31 635
on a R 3 015 000 bond over 20 years at 11.25%
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Fernglen, Fernglen, Port Elizabeth (gqeberha), Eastern Cape
Approximate location — the pin is centred on the suburb. The landlord will share the exact address on enquiry.
Listed by
Palesa Mokoena
Unclaimed listing — claim it to verify
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