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Kwamagxaki, Kwamagxaki, Port Elizabeth (gqeberha), Eastern Cape
R 1 195 000
2-Bedroom Property with 6 Flatlets in Kwa-MagxakiPresenting an excellent income-generating opportunity, this well-positioned property offers a combination of comfortable living, business functionality, and strong rental potential.The main house features 2 bedrooms, a reception area, boardroom, living area, dining space, and a kitchen fitted with built-in cupboards, an eye-level oven, hob, and extractor fan. The versatile layout makes the property suitable for residential accommodation, business use, or a combination of both.The property also includes 6 flatlets, consisting of 5 flatlets with en-suite bathrooms and 1 additional flatlet. The rooms are presently utilised for short-term accommodation, offering excellent potential for continued rental income generation.Set on a 510 sqm erf, the yard is fully paved throughout and includes a driveway, storage facilities, and secure access. Additional features include aluminium windows, burglar bars, boundary walls, an alarm system, and an access gate for added peace of mind.Conveniently located close to local amenities and transport routes, this property presents a valuable investment opportunity with excellent accommodation capacity and business potential.Key Features-Main House with 2 Bedrooms-Reception Area and Boardroom-Living Area and Dining Area-Kitchen with Built-In Cupboards-Eye-Level Oven, Hob andamp Extractor Fan-5 Flatlets with En-Suite Bathrooms-1 Additional Flatlet-Rooms Currently Used for Short-Term Stay-510 sqm Erf-Fully Paved Yard-Driveway and Storage Facilities-Aluminium Windows-Burglar Bars-Alarm System-Access Gate-Enclosed with Boundary Walls-Pet-FriendlyContact the agent today to arrange a viewing appointment.ABM REAL ESTATE & AUCTIONEERS PTY LTD trading as REMAX ABM Properties New Brighton operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 11 285
on a R 1 075 500 bond over 20 years at 11.25%
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Kwamagxaki, Kwamagxaki, Port Elizabeth (gqeberha), Eastern Cape
Area view — the exact address is shared on enquiry.
Listed by
Pieter Jacobs
Unclaimed listing — claim it to verify
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