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6 Grace Street, Gqeberha Central, Gqeberha, Eastern Cape
R 5 400 000
Set in the heart of Central, Port Elizabeth is this stunning, very neat block of Flats. It comprises three floors and 15 Rooms, the top two floors are used for student accommodation, which generates a huge income, and the ground floor has three separate shops which are fully let. There are 15 Rooms, accommodating 23 students, and has the potential to increase that as well. The three shops downstairs are currently tenanted and also derive quite a generous income. This property has to be viewed to see its full potential. This unit is very close to the University and Technicon, on the major bus and taxi route, and is very close to all the convenience stores as well. Each floor of the unit has its own common room, kitchen, bathroom, and laundry facility.
Estimated monthly repayment
R 50 994
on a R 4 860 000 bond over 20 years at 11.25%
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6 Grace Street, Gqeberha Central, Gqeberha, Eastern Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Priced highPriced 939% above 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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