Located on the first floor of this striking block of apartments is a well-appointed unit. It is on the north-eastern corner of the building immediately at the stairwell and faces north. This apartment also overlooks part of Kingswood College, which is right across the road. The apartment block was built in 2011 so all the units are relatively new and are furnished with modern appliances and fittings. Each bedroom is en-suite with the bathroom being a shower, toilet and basin configuration.
The block itself is an attractive building which has drawn an eclectic group of people as owners. The Body Corporate is an active one with many of the Trustees resident in the block making them very involved in the day-to-day lives of the residents. The block was originally designed mainly for investors hoping to attract the student market, but has become very attractive as an entry point for the first-time buyer who would rather service his own bond than pay rent.
The property is currently rented out by the owner, who is an investor. the lease runs through until 30 November 2017 and the rent is R6 000 per month from 1 December to 30 November 2017. The current rates are R434 per month and the monthly levy is R548.
The Trustees are just about to embark on a refurbishment of the building programme. This will involve a complete paint of the building. The quotes are being finalised and the work will be done according to a report provided by Dulux using Dulux products.