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Southernwood, Southernwood, East London, Eastern Cape
R 750 000
Looking for a property that already has a student accommodation set up and generates rental income? This could be the investment you've been looking for. Located in Southernwood, East London - a popular student area conveniently located close to student amenities and transport. Property features: -3 bedrooms -Currently accommodating 2 students per room -Shared bathroom -Shared kitchen -Shared living area -Fibre already installed -Private balcony -existing student accommodation set-up Whether you're a seasoned property investor or looking to enter the student accommodation market, this property offers an opportunity to buy an established rental set up in a sought after student location.
Estimated monthly repayment
R 7 082
on a R 675 000 bond over 20 years at 11.25%
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Southernwood, Southernwood, East London, Eastern Cape
Fair-value check
Fairly pricedIn line with 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
Ziko Somfongo
Indalo & Co Group
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