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

Property Location