R750,000

R750,000

2 Bedroom Sectional Title Sold in Lorraine
2
Bedrooms
1
Bathrooms
2
Garages
No Transfer Duty
Sole Mandate
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Spacious 2-Bedroom Sectional Title Unit with Double Garage in Sought-After Lorraine, Gqeberha

Web Ref. RL6369
Land size 11716.00 m²
Floor size 104.00 m²
Monthly Bond Repayment
R7,487.84
Calling all cash buyers, this is the one for you.

Overview
A well-proportioned two-bedroom sectional title home of approximately 104 square metres, situated in the established and ever-popular suburb of Lorraine in the western suburbs of Gqeberha. Set within the secure, well-positioned Olympic Village complex and complete with a sought-after double garage, the unit offers comfortable, low-maintenance living in a desirable residential pocket, close to schools, shopping and everyday conveniences. It presents an excellent opportunity for a young family, a professional, a downscaler or an investor looking for a quality home in a reliable, in-demand location.

The Unit
Measuring approximately 104 square metres, this is a generously sized unit by comparison with many sectional title homes in the area. It comprises two bedrooms and a bathroom, together with comfortable living space, and is complemented by a double garage, a particularly valuable feature in a complex setting and one that sets this home apart from much of the local sectional title stock. The combination of a spacious footprint and secure double garaging makes it well suited to buyers who want the ease of complex living without compromising on space or storage.

The Complex and Lifestyle
Olympic Village is an established sectional title scheme set on a generous communal erf of approximately 1.17 hectares, offering the convenience and security that complex living provides. Sectional title ownership typically means easy, lock-up-and-go living, with the upkeep of the common areas managed by the body corporate, making it ideal for those who want a comfortable home without the demands of a large freestanding property.

Location and Amenities
Lorraine is one of Gqeberha’s most established and desirable residential suburbs, known for its leafy streets, good schools and excellent access to amenities. The property is exceptionally well placed for daily living, with the nearest filling station, Kammaridge Motors, just a short distance away, and the Walker Drive Shopping Centre and The Gardens Shopping Centre within easy reach. Several respected schools are close by, including Okidoki Kidz Kragga Kamma, Amadeus Independent School, while medical facilities, places of worship and the area’s main routes are all conveniently accessible.

Investment Appeal
Lorraine remains a consistently popular suburb with steady demand for well-located sectional title homes, which supports both resale and rental potential. With a generous unit size, a double garage, an established complex and a prime position close to schools and shopping, this home offers genuine appeal to owner-occupiers and investors alike.
Monthly Levy R1,320
Monthly Rates R877
Total R2,197

Features

Interior
2 Bedrooms
1 Bathroom
1 Kitchen
1 Lounge
Exterior
2 Garages
1 Parking (Single Parking, Visitors Parking)
Pet Friendly
Sizes
Land Size 11,716 m²
Floor Size 104 m²
Listing Info
Date Listed 29-06-26

Lorraine, Gqeberha

Google map for 2 Bedroom Sectional Title Sold in Lorraine

Disclaimer

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