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Southernwood, East London, Eastern Cape
Apartment
ZAR 850,000
This spacious ground floor apartment in the heart of Southernwood, East London, presents a solid investment opportunity with immediate rental income of **R10,000 per month**. Ideally located close to the CBD, schools, shopping centres, medical facilities, public transport routes, and the beachfront, the property benefits from consistently strong tenant demand and excellent long-term growth potential. Measuring approximately 64m², the unit is currently configured as a 4-bedroom apartment, with the lounge cleverly converted into an additional bedroom to maximise rental return. The layout includes 1 bathroom, a functional kitchen, and practical living areas well suited for shared accommodation, student housing, or long-term tenants. Positioned on the ground floor, the apartment offers easy access and added convenience, making it highly appealing to a wide range of tenants. It is already tenanted, allowing for a seamless, turnkey investment with income generated from day one. Southernwood remains one of East London’s most active rental markets due to its central location and proximity to key amenities and institutions. This property is an ideal addition to any investment portfolio, of…





