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3 10th Avenue, Summerstrand, Gqeberha, Eastern Cape
R 1 095 000
Prime Investment Opportunity – Spacious 2 Bedroom Apartment in Molsonder Mansions, Summerstrand Situated in the highly sought after Molsonder Mansions in the heart of Summerstrand, this well positioned apartment offers an excellent opportunity for both homeowners and astute investors. Combining generous space, classic finishes, and an unbeatable location, this property is ideal for coastal living or a high demand rental investment. The apartment is located on the first floor and is accessed via a staircase, offering a sense of privacy and security. Upon entering, you are welcomed by a bright and sunny lounge that creates a warm and inviting living space. Large windows allow natural light to flow through, and the lounge seamlessly leads onto an enclosed balcony, perfect for use as a sunroom or reading nook. The kitchen is both functional and well appointed, featuring built in cupboards, a gas hob, and an undercounter electric oven—ideal for everyday cooking and entertaining. The apartment boasts classic parquet flooring throughout the living areas and bedrooms, adding character and warmth, while the kitchen and bathroom are neatly finished with tiles for easy maintenance. There are two well sized bedrooms, one of which offers the added advantage of an adjoining study or dressing room. This versatile space can be adapted to suit your lifestyle, whether as a home office, walk-in wardrobe, or private retreat. The bathroom is fitted with a shower, toilet, and basin, and there is an additional separate toilet for added convenience. Security is a key feature of this apartment, with a security gate on the front door, an access-controlled lobby, and CCTV cameras within the complex, ensuring peace of mind for residents. Location is undoubtedly one of the standout features of this property. The apartment block is approximately 200 meters from the beach, allowing you to enjoy coastal walks and sea air daily. It is also within close proximity to Summerstrand Village Shopping Centre, offering a variety of shops, restaurants, and essential amenities. Nelson Mandela University and major transport routes are easily accessible, making this apartment especially attractive to students, professionals, and holiday tenants. With its prime location, solid features, and strong rental appeal, this apartment represents a smart investment opportunity not to be missed.
Estimated monthly repayment
R 10 340
on a R 985 500 bond over 20 years at 11.25%
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Fair-value check
Good valuePriced 40% below comparable 2-bed apartments for sale in Summerstrand
Based on 56 comparable listings
A market signal from comparable listings — not a formal valuation.
3 10th Avenue, Summerstrand, Gqeberha, Eastern Cape
Listed by
Michael Price
EXP South Africa
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