Cluster For Sale in Walmer
Ref # Ent0299830 : Walmer , Port Elizabeth , Eastern Cape
R 5,950,000
Property Description
A Rare and Exceptional Investment Opportunity in Prime Walmer Location!
Introducing one of the most unique and lucrative investment opportunities on the market today – a fully tenanted multi-unit residential property in sought-after Villiers Road, Walmer. Whether you're an experienced investor or expanding your portfolio, this property is a rare find.
The Breakdown:
💰 R35,000+ in Monthly Rental Income from 5 fully tenanted units:
Potenial for R 50 000 -R 60 000 PM depening on what you want to do with the main house.
4 x Two-Bedroom Units – Spacious, neatly maintained, each with a private bathroom.
1 x One-Bedroom Unit – Ideal for singles or couples, fully self-contained.
Each unit features prepaid electricity, water heaters, and private access.
Remote-controlled gate access with secure parking for all tenants.
Dedicated washing line and drying area, contributing to tenant comfort and satisfaction.
🏡 Main House:
Currently owner-occupied, this three-bedroom, two-bathroom home offers:
A large kitchen, dining room, lounge, and a separate study.
Easily converted into additional rental units or retained as a private residence.
Flexible layout for further income generation.
If you rent the main house you can potentially get income up to R 50 000 - R 60 000 per month.
Additional Highlights:
Located in a high-demand rental area with stable, long-term tenants.
Ample on-site parking and secure remote access for all residents.
Quiet, established neighborhood with easy access to shops, schools, and public transport.
📈 Why This Property Stands Out:
Immediate cash flow with all units tenanted.
Expansion potential with the main house for additional income.
Professionally managed with individual prepaid meters already installed.
Perfect for hands-on or hands-off investors looking for a high-yield asset in a prime location.
Property Features
- Property Type Cluster
- Beds 13
- Bath 7
- Building Size 600m²
- Stand Size 1,300m²