R 1 695 000
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11 Bedroom House in Port Elizabeth Central

1-7 military road
11 5 5 819 m² 405 m²

Prime Investment Opportunity | Central, Gqeberha

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 ClearVu 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

TIADOR 150 CC trading as RE/MAX Independent Properties (Lorraine) operates in terms of a franchise agreement with RE/MAX of Southern Africa.

Property details

  • Listing number T5278453
  • Property type House
  • Listing date 23 Oct 2025
  • Land size 819 m²
  • Floor size 405 m²
  • Rates and taxes R 2 300

Property features

  • Bedrooms 11
  • Bathrooms 5
  • Open parking 5

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