New

2 Bedroom House in Grahamstown (Makhanda) Central

4 queen terrace, 12 queen street
2 1 62 m²

AFFORDABLE 2-BEDROOM HOME IN THE HEART OF MAKHANDA R550,000

69 m² | 2 Bedrooms | Off-Street Parking | Excellent Location

Looking for an affordable home in Makhanda that puts convenience, security and value within reach

This neat 69 m², two-bedroom apartment at SS Queen Terraces, 12 Queen Street could be just what you''ve been looking for.

Located close to a supermarket, the CBD and the taxi rank, this is an ideal location for someone who wants to be close to the things that matter shops, transport, work and everyday amenities.

What you get for R550,000:

2 comfortable bedrooms

1 bathroom

Open-plan living room and kitchen

Built-in hob, oven and extractor fan

Plenty of built-in cupboards in both bedrooms and additional storage at the head of the stairs

Tiled ground floor

Attractive wood flooring upstairs

Off-street parking within the complex

Access through an electronic driveway gate

Burglar bars on all windows

Approximately 69 m² of living space

At R550,000 for 69 m², this represents an opportunity to get into the Makhanda property market without having to stretch to the prices commanded by many larger or better-positioned properties.

A practical first home

For a first-time buyer with a limited budget, finding a property that offers two bedrooms, a good living area, security and parking at an affordable price can be challenging.

This apartment provides exactly that a manageable-sized home in a location where you can walk or make a short trip to many of your daily necessities.

And because it is close to the taxi rank, owning a car isn''t essential to enjoying the convenience of the location.

And for the investor...

There is another side to this property.

Two-bedroom apartments in the complex are achieving rentals in the region of R5,500 to R6,500 per month, making this worth considering as an investment property as well.

At the asking price of R550,000, the potential rental return is something an investor should certainly investigate.

Convenient. Affordable. Practical.

If you''re looking for your first home, or an affordable property with investment potential, this apartment deserves a closer look.

PRICE: R550,000

Contact Grahamstown Properties today to arrange a viewing.

Your opportunity to own your own home in Makhanda could be closer and more affordable than you think.

Property details

  • Listing number T5633814
  • Property type House
  • Listing date 24 Sep 2026
  • Floor size 62 m²

Property features

  • Bedrooms 2
  • Bathrooms 1
  • Lounges 1
  • Dining areas 1
  • Storeys 1
  • Access gate
  • Built in cupboards
  • Fenced
  • Kitchen

Photo gallery