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Stebonheath Road, Sydenham, Gqeberha, Eastern Cape
R 1 727 250
Calling all savvy investors! This unique cluster property offers incredible versatility with three distinct buildings in one prime package all under one single ERF. Featuring a total of 29 rooms, this space can comfortably accommodate up to 50 student beds, making it perfect for student housing or group living arrangements. Previously operated as a frail care/old age home, the property is well-suited for various uses and comes with the potential to customize according to your vision. Please note that furniture and equipment are not included in the purchase price but are negotiable. One of the standout features is the third property, fully equipped and ready to run a stylish, snazzy restaurant—an excellent opportunity to add a hospitality element to your investment portfolio. Additional highlights include reliable 3-phase power supply and backup water systems supported by an abundance of water tanks, all plumbed directly to the buildings for convenience and peace of mind. Don’t miss out on this versatile, multi-use property cluster that offers tremendous potential for growth and income generation. Contact us today to explore this exciting opportunity! Disclaimer: Whilst every endeavour has been made to ensure the accuracy herein, no liability will be accepted for any errors or omissions.
Estimated monthly repayment
R 16 311
on a R 1 554 525 bond over 20 years at 11.25%
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Stebonheath Road, Sydenham, Gqeberha, Eastern Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Fairly pricedIn line with comparable 3-bed houses for sale in Sydenham
Based on 24 comparable listings
A market signal from comparable listings — not a formal valuation.
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