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Southernwood, Southernwood, East London, Eastern Cape
R 660 000
Situated in the heart of Southernwood, this 2-bedroom apartment offers an excellent opportunity for both homeowners and investors. The main bedroom features direct access to a private balcony, creating a pleasant outdoor retreat, while the second bedroom is comfortably sized and versatile. The apartment includes a standard kitchen with ample cupboard space and 1 bathroom. The spacious lounge is currently being utilised as a third bedroom, enhancing the property's rental potential, but can easily be converted back into a comfortable living and entertainment area to suit an owner-occupier. Currently tenanted, this property offers immediate rental income, making it an ideal investment opportunity. Alternatively, it is perfectly suited to buyers looking for an affordable home in the sought-after suburb of Southernwood, with the flexibility to restore the original layout and create a welcoming living space. 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 6 233
on a R 594 000 bond over 20 years at 11.25%
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Southernwood, Southernwood, East London, Eastern Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Fairly pricedIn line with comparable 2-bed apartments for sale in Southernwood
Based on 34 comparable listings
A market signal from comparable listings — not a formal valuation.
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