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New Brighton, New Brighton, Gqeberha, Eastern Cape
R 560 000
Sole mandate! Expand your property portfolio with this excellent investment opportunity, ideally situated in the sought-after and conveniently located neighborhood of New Brighton. This property offers the potential to generate a stable rental income of more than R13,000 per month, making it an attractive proposition for those seeking to grow their portfolio and build a reliable passive income. Unlock its potential with a little TLC! Property Features • Unit 1: Two-room unit • Units 2–11: Ten separate single-room units • Separate toilets: Conveniently provided to accommodate all tenants The property is ideally positioned within walking distance of a range of essential amenities, including schools, churches, New Brighton Clinic, an Engen service station, and Brighton Square Shopping Centre. Its convenient location makes it particularly appealing to tenants looking for affordable accommodation close to everyday necessities and services. Whether you are an experienced property investor looking to expand your portfolio or a first-time investor searching for an income-generating property, this opportunity deserves your attention. Don’t miss out on the chance to secure this well-located investment property and unlock its excellent rental-income potential. Contact us today to arrange a viewing!
Estimated monthly repayment
R 5 288
on a R 504 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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New Brighton, New Brighton, Gqeberha, Eastern Cape
Area view — the exact address is shared on enquiry.
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