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Vincent Heights, Vincent Heights, East London, Eastern Cape
R 2 100 000
Situated in the sought-after suburb of Vincent, this property presents an excellent opportunity for investors looking to expand their rental portfolio. The property is currently tenanted and generates an approximate rental income of +-R20,000 per month, which can significantly assist with bond repayments from the outset. Offering generous accommodation and positioned in a well-established area close to schools, shopping centres, and major amenities, this home has strong investment potential. The property would be particularly suitable for buyers seeking a rental investment rather than an immediate move-in-ready residence. Please note that the property does require maintenance and updating, and the asking price has been positioned with this in mind. This creates an opportunity for an investor to add value over time while benefiting from an existing rental income stream. Key Features • Existing tenants in place • Approximate rental income: R20,000 per month • Excellent investment potential • Well-located in Vincent • Close to schools, shops, and main routes • Opportunity to renovate and add value If you are looking for a property with immediate income-generating potential and long-term growth prospects, this Vincent is well worth considering. Contact us today to arrange a viewing and discuss the investment potential in more detail. GIBELA TRADE AND INVEST 1204 (PTY) LTD trading as RE/MAX Border (Beacon Bay) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 19 831
on a R 1 890 000 bond over 20 years at 11.25%
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Vincent Heights, Vincent Heights, East London, Eastern Cape
Fair-value check
Good valuePriced 30% below comparable 4-bed houses for sale in Vincent Heights
Based on 12 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Primrose Mugwebi
RE/MAX Border - East London
Unclaimed listing — claim it to verify
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