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Gonubie, Gonubie, East London, Eastern Cape
R 2 600 000
An excellent opportunity to own a low-maintenance investment property! This converted home sits on a level erf and has been transformed into 6 separate rental units, offering solid income potential and long-term growth. Property Breakdown: 2 x Two-Bedroom Units 2 x One-Bedroom Units 2 x Bachelor Flats Each unit is self-contained and ideal for a mix of tenants – professionals, couples, or singles. The property is easy to manage with minimal upkeep required, making it perfect for both first-time and seasoned investors. - Low maintenance building - Set on a level erf – easy access and development potential - Furniture can be purchased separately - Potential for strong rental income - Convenient location on tenth Avenue Gonubie. Whether you're looking to expand your portfolio or want a reliable income-generating asset, this property checks all the boxes.
Estimated monthly repayment
R 24 553
on a R 2 340 000 bond over 20 years at 11.25%
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Gonubie, Gonubie, East London, Eastern Cape
Area view — the exact address is shared on enquiry.
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