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Southernwood, Southernwood, East London, Eastern Cape
R 998 000
Legacy Properties proudly presents this well-maintained investment opportunity, ideally suited for buyers looking to secure steady rental income with future growth potential. The property is configured for income generation, offering four private bedrooms, each equipped with its own bathroom and kitchenette, providing comfortable, self-contained living for tenants. The home is fully tiled throughout, ensuring durability and easy maintenance, and is conveniently located close to public transport routes, making it highly attractive to tenants. Currently generating an income of approximately R12,000 per month, with long-standing tenants already in place, this property offers immediate returns from day one. An added advantage is the generous open space at the rear of the property, presenting excellent potential for further development or additional rental units, allowing you to increase your income over time. This is a solid, ready-to-go investment with room to grow. Contact me today to arrange a viewing—opportunities like this don’t stay on the market for long.
Estimated monthly repayment
R 9 424
on a R 898 200 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Southernwood, Southernwood, East London, Eastern Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 48% below comparable 4-bed houses for sale in Southernwood
Based on 12 comparable listings
A market signal from comparable listings — not a formal valuation.
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