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1-7 Military Road, Gqeberha Central, Gqeberha, Eastern Cape
R 1 695 000
(JOINT MANDATE) Looking for a profitable, low-maintenance investment? This tenanted multi-unit property in Central is a true gem — fully occupied with reliable tenants and excellent returns! Property Details: 5 Apartments with a total of 11 bedrooms Monthly Rental Income: R21,950 Monthly Expenses: R6,558.74 Monthly Net Income: R16,228.99 Yearly Net Income: R194,747.93 roi: 10.53% Each unit has its own water and electricity meter, making management simple and cost-efficient. The property is fully enclosed with Clear Vu fencing for added security and peace of mind. Breakdown of Units: Unit 1: 3 Bedrooms Unit 1B: 2 Bedrooms Unit 3: 2 Bedrooms Unit 5: 3 Bedrooms Unit 7: 1 Bedroom Conveniently located in Central, close to shops, transport, and all amenities — ideal for student accommodation or long-term Disclaimer: Whilst every endeavor has been made to ensure the accuracy herein, no liability will be accepted for any errors or omissions.
Estimated monthly repayment
R 16 006
on a R 1 525 500 bond over 20 years at 11.25%
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1-7 Military Road, Gqeberha Central, Gqeberha, Eastern Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
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