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Southernwood, Southernwood, East London, Eastern Cape
R 620 000
This top-floor flat is currently rented out as a 3-bedroom unit, offering a steady income stream in a sought-after rental area. Featuring a sunny balcony, clean and functional kitchen, neat bathroom, and a spacious entrance hall, this property is ready for your portfolio. Located in a secure, gated complex with off-street parking, it’s within walking distance to Oxford Street, close to hospitals, schools, shops, and public transport. Popular with investors for its strong rental demand, this is a smart opportunity to secure a low-maintenance, income-generating asset in a prime position.
Estimated monthly repayment
R 5 855
on a R 558 000 bond over 20 years at 11.25%
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Southernwood, Southernwood, East London, Eastern Cape
Fair-value check
Good valuePriced 20% below comparable 3-bed apartments for sale in Southernwood
Based on 35 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Leigh Jacobsen
Harcourts Cornerstone
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