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35 Windermere Road, Humewood, Gqeberha, Eastern Cape
R 650 000
Opportunity is the headline here. Positioned on the Humewood beachfront in Port Elizabeth, this 80sqm one-bedroom apartment offers something investors rarely find at R650,000: a coastal address, existing Airbnb accreditation and clear scope to grow the asset. The layout is generous for a one-bedroom, with a spacious lounge, a functional galley kitchen and a private balcony that extends your usable space. The bedroom is fitted with full-wall built-in louvre-door wardrobes and retains its original parquet block flooring — an honest, characterful base to build on. Dedicated secure parking is included, accessed via a gated basement area, adding practical value for both owners and short-stay guests. The building is an established multi-storey block set behind a secured perimeter, with palm-lined street frontage a short reach from the sand. This is a property that rewards vision. The kitchen, bathroom and finishes are original and dated, presenting an obvious value-add renovation path for an investor who wants to lift both rental yield and resale value. Better still, the unit can be reconfigured into a two-bedroom apartment, widening its appeal to holiday-makers, long-term tenants and future buyers alike. With Airbnb accreditation already in place, the runway to short-term rental income is short. For a first investment, a coastal holiday-let or a buy-renovate-hold play, few options at this price combine beachfront positioning, income approval and conversion flexibility so directly. Bring your numbers and your imagination.
Estimated monthly repayment
R 6 138
on a R 585 000 bond over 20 years at 11.25%
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35 Windermere Road, Humewood, Gqeberha, Eastern Cape
Fair-value check
Fairly pricedIn line with comparable 1-bed apartments for sale in Humewood
Based on 51 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Danie van Rensburg
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