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Schornville, Schornville, King Williams Town, Eastern Cape
R 650 000
Situated in the popular and well-established area of Schornville, King William's Town, this property offers an excellent opportunity for investors or buyers looking to generate rental income. The sizeable erf accommodates two separate two-bedroom homes, each offering a bathroom and its own living accommodation. Both homes are currently tenanted, providing an immediate rental income stream. The generous land size also offers plenty of potential for future improvements or further development, subject to the necessary approvals. With two existing homes, established tenants and a sought-after location, this property presents an attractive opportunity to add a versatile income-generating asset to your portfolio. 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 6 138
on a R 585 000 bond over 20 years at 11.25%
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Schornville, Schornville, King Williams Town, Eastern Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Johan Nel
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