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Humewood, Humewood, Gqeberha, Eastern Cape
R 1 700 000
Exceptional Income-Generating Investment Opportunity An outstanding opportunity to acquire a well-established income-producing property in a prime beachfront location. This spacious four-bedroom apartment is currently operating as a Grade B NSFAS-accredited student accommodation**, providing an established rental income. During the December holiday period, the property is ideally suited for Airbnb, creating an additional seasonal income stream. Ideally positioned within walking distance of Kings Beach, the apartment boasts uninterrupted sea and harbor views, while offering convenient access to major routes and being just a five-minute drive from the airport. Property Features * Four spacious bedrooms with built-in cupboards * Main bedroom with an en-suite bathroom * Spacious open-plan living area * Modern kitchen with black granite countertops and fitted appliances * Porcelain tiled throughout * Modern bathrooms * Private balcony with breathtaking sea and harbor views * Secure complex with controlled access and 24-hour CCTV surveillance * Airbnb-friendly complex * Walking distance to Kings Beach * Five minutes from the airport With an established rental income, flexible short-term letting potential, and a sought-after beachfront location, this apartment presents an exceptional opportunity for investors seeking immediate returns and long-term capital growth. Contact me today to arrange your private viewing.
Estimated monthly repayment
R 16 054
on a R 1 530 000 bond over 20 years at 11.25%
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Humewood, Humewood, Gqeberha, Eastern Cape
Fair-value check
Good valuePriced 8% below comparable 4-bed apartments for sale in Humewood
Based on 10 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Marie Erasmus
Unclaimed listing — claim it to verify
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