1 Bedroom Apartment in Richmond Hill

High-Yield Investment Unit with Immediate Cash Flow in Bayviews

Location: Bayviews Complex, Richmond Hill, Port Elizabeth Gqeberha

Immediate Income | Active 2-Year Lease | Ideal Portfolio Addition

Positioned as an outstanding entry-level or portfolio-expanding acquisition, this well-located 1-bedroom unit in the popular Bayviews complex combines strong rental yield with effortless tenancy management.

Whether you are looking to start your property investment journey or add a high-performing income asset to your portfolio, this property offers immediate stability from day one paired with solid long-term capital growth potential.

Key Investment Highlights:

Immediate Returns:Active 2-year lease agreement already secured, generating R5,500 per month in rental income.

Favorable Utility Setup: Features prepaid electricity to simplify management, with municipal water included in the agreement.

Low-Friction Asset:

Tenant in place ensures uninterrupted cash flow without the initial downtime or costs of finding an occupant.

Property Features:1 Bedroom, 1 Bathroom, Spacious Lounge Living Area, Dedicated Open Parking Located in the heart of Richmond Hill, tenants benefit from quick access to local amenities, public transport, dining spots, and central business hubs.

Don''t miss out on this ready-made investment. Contact us today to arrange a viewing or request further details.