R2,850,000
R2,850,000
3 bedrooms2 bathrooms1 garage2 parking baysErf 1447 m²
Expenses
Rates and Taxes:
R1,719 per month
House for sale in Walmer
Family Home with Four Income-Generating Flats
This well-presented property offers an ideal combination of comfortable family living and excellent investment opportunity. The main residence comprises three spacious bedrooms, two full bathrooms, a modern granite-top kitchen, TV room, dining area, and entertainment area with built in bar. There is also a separate hobby room or home office providing additional versatility for work or leisure pursuits. A practical layout, complemented by a well-maintained garden with a sparkling pool makes it perfect for family enjoyment or outdoor entertaining.
Adding significant value to the property are four income-producing flats currently generating R16,450 per month in rental income from long-standing tenants. These units offer the opportunity for a consistent rental return, extended family accommodation, or guest use. Situated close to leading schools, the airport, shopping centres, and main arterial routes, this property presents a unique opportunity to secure a solid investment in one of Port Elizabeth's most desirable suburbs.
Listing details
Rooms
- 3 Bedrooms
- Main Bedroom
- Main bedroom with en-suite bathroom, built-in cupboards, carpeted floors, ceiling fan, sliding doors and wooden floors
- Bedroom 2
- Bedroom with bay windows, built-in cupboards, ceiling fan and wooden floors
- Bedroom 3
- Bedroom with built-in cupboards, ceiling fan and wooden floors
- 2 Bathrooms
- Bathroom 1
- Bathroom with bath, double basin, shower, tiled floors and toilet
- Bathroom 2
- Bathroom with basin, bath, shower, tiled floors and toilet
- Other rooms
- Dining Room
- Dining room with wooden floors
- Entrance Hall
- Entrance hall with tiled floors
- Kitchen
- Kitchen with air conditioner, blinds, granite tops, pantry, tiled floors and wood finishes
- Living Room
- Living room with wood fireplace and wooden floors
- Study
- Study with built-in cupboards and wooden floors
- Entertainment Room
- Entertainment room with air conditioner, ceiling fan and tiled floors
- Laundry
- Laundry with tiled floors
- Scullery
Other features
Additional buildings
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Gqeberha (Port Elizabeth) Office
76 Third Avenue, Newton Park, 6045, Eastern CapeRegistered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Ian Olivier Properties cc t/a Pam Golding Properties Port Elizabeth
Gqeberha (Port Elizabeth) Office details