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Gonubie, Gonubie, East London, Eastern Cape
R 3 450 000
Versatile Coastal Home with Multiple Income Opportunities Near Gonubie Boardwalk This solid and well-cared-for property is ideally located within walking distance of the popular Gonubie Boardwalk and offers excellent income-generating potential with four separate flats. Positioned in a prime and highly desirable area, the rental income from the flats can assist in covering bond repayments or provide a fantastic opportunity to run a successful self-catering or Airbnb business. The main house offers a welcoming and comfortable living environment, highlighted by beautiful wooden flooring and spacious open-plan living areas. The home includes three bedrooms, a study which can easily be converted into a fourth bedroom, two bathrooms, a modern and well-equipped kitchen, a separate laundry room, and a tandem garage. The front stoep and neat, low-maintenance garden add to the relaxed coastal charm of the property. In addition, the property features four thoughtfully designed flats. Each flat consists of an open-plan kitchen and lounge area, one bedroom, and a bathroom. Every unit has its own private braai area and small garden, while convenient side-street parking is available for tenants or visitors. The flats currently offer a combined rental income potential of approximately R20 000 to R25 000 per month. This property provides a unique opportunity to enjoy coastal living while earning a stable income. Imagine enjoying peaceful beach walks, morning coffee at beachfront cafés, and sunset drinks at the well-known Gonubie Hotel, all just minutes from your doorstep. A fantastic investment and lifestyle opportunity that should not be overlooked.
Estimated monthly repayment
R 32 579
on a R 3 105 000 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.
Fair-value check
Priced highPriced 103% above comparable 3-bed houses for sale in Gonubie
Based on 91 comparable listings
A market signal from comparable listings — not a formal valuation.
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