Income-Generating Property in Southernwood.
An excellent investment opportunity in the heart of Southernwood, this versatile property offers a solid rental return and low-maintenance living. The main house features 5 bedrooms, each currently rented at R2 800 per room, along with a communal lounge, two bathrooms, a kitchen, and a pantry.
In addition, the property includes four flatlets—three 2-bedroom units and one 1-bedroom unit—all fitted with aluminium windows and tiled throughout for durability and ease of upkeep.
With a total monthly income of R24 000, this property is ideal for investors seeking steady returns in a high-demand rental area.
In addition, the property includes four flatlets—three 2-bedroom units and one 1-bedroom unit—all fitted with aluminium windows and tiled throughout for durability and ease of upkeep.
With a total monthly income of R24 000, this property is ideal for investors seeking steady returns in a high-demand rental area.
Monthly Rates
R1,890
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Southernwood, Mthatha
- Street map
- Street view
- Amenities
- Schools
Filling Station
0.02 km - BP
0.24 km - BP East London
0.55 km - BP 222 Service Station
Bus Station
0.59 km - Bus Stop
0.61 km - Bus Stop
0.61 km - Bus Stop
Hospital/Clinic
0.12 km - Dr Steyn Crowther
0.17 km - Dr P Sanchez
0.17 km - Dr Keith Alexander Watt
Police Station
0.19 km - South African Police Service - Wynne Street
1.60 km - South African Police Service - East London CCU
1.64 km - South African Police Service Duncan Village Police Station
Shopping Centre
0.15 km - Southernwood Shopping Centre
0.20 km - Malcomess Park
0.64 km - Convenience Centre
0.15 km - Bcc Mcjannet
0.20 km - Malcomess Park Conference & Training Center
0.21 km - Stanford Business College & Computer Centre
0.24 km - Life East London Learning Centre
0.28 km - Centre of Excellence
0.31 km - Sunshine Children's Home
0.35 km - Centre Of Excellence
0.38 km - St Anne's Primary School
0.40 km - Academy High School
0.45 km - New Beginning Day Care Centre
0.60 km - Grens Voorbereidings Skool
0.61 km - Grens Voorbereiding
0.63 km - Southernwood Primary School
0.81 km - Centre of Excellence
0.92 km - Baysville Special Secondary School
Average sold property price in Southernwood
Freehold
Sectional Scheme
Vacant Land
Freeholds
R7,876,905
33.3%
Average price
12
33.3%
Transfers
Sectional Titles
R546,074
33.3%
Average price
69
33.3%
Transfers
Estates
R760,000
100.0%
Average price
2
100.0%
Transfers
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
