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Westering, Westering, Gqeberha, Eastern Cape
R 539 000
Always popular Studio 2000 is situated just off the N2 in Cotsworld, and over the years it has become almost synonymous with the PE skyline as it towers over the Western Hills. Units never being vacant for long should certainly attract the shrewd investor with it's competitive rental returns combined with a high and frequent occupancy rate, whist tenants wanting to become first time buyers, should ask themselves, " why rent when I can buy at this price!? " Situated on the top floor, this unit offers uninterrupted views over the aforesaid Western Hills of Port Elizabeth and enjoys an abundance of natural light and warmth as it faces directly North. A scenic view like this never really gets old and evening relaxation beverages can be enjoyed right from your lounge and front entrance area The 1 bedroom loft apartment offers 44 m2 of modern, contemporary living with the lounge and open plan kitchen area downstairs, and the bedroom situated on top of the mezzanine floor with the shower and basin. The toilet and study nook is also situated downstairs. The exposed brick, choice of wall paint and porcelain tiles adds a pleasant rustic look and feel whilst the location of the unit also places you in close proximity to the complex facilities. There is one undercover parking bay with numerous visitor open parking options. Complex facilities include a laundry room equipped with industrial washing machines and dry lines, a gymnasium as well as a recreational pool and braai area. The complex is enclosed with motor vehicle / pedestrian access control and security guards on patrol, maintaining 24 hour visual security. The well situated apartment block allows easy commuting to various parts of the city in terms of trade and industry, shopping / recreational centres and public transport options The apartment block is managed by the well known and proven Reynard Agencies.
Estimated monthly repayment
R 5 090
on a R 485 100 bond over 20 years at 11.25%
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Westering, Westering, Gqeberha, Eastern Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 18% below comparable 1-bed apartments for sale in Westering
Based on 11 comparable listings
A market signal from comparable listings — not a formal valuation.
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