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Low-maintenance urban investment with steady income and sunny balcony in a secure gated complex near Oxford Street—walking distance to shops, hospitals and public transport; three beds, one bath, covered parking.
This top-floor flat is currently rented out as a 3-bedroom unit, offering a steady income stream in a sought-after rental area. Featuring a sunny balcony, clean and functional kitchen, neat bathroom, and a spacious entrance hall, this property is ready for your portfolio.
Located in a secure, gated complex with off-street parking, it’s within walking distance to Oxford Street, close to hospitals, schools, shops, and public transport. Popular with investors for its strong rental demand, this is a smart opportunity to secure a low-maintenance, income-generating asset in a prime position.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R620,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 26 listings in East London (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 26% below the median. Floor size is 22% smaller than typical for similar homes.
Similar properties pricing
Key differences
Market depth
26 similar listings
Medium similar-home inventory town-wide (East London)
Median time on market: 109 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Southernwood is a conveniently located and established suburb in East London, offering a mix of residential comfort and easy access to essential amenities and services, making it a desirable place to live.
* Distances and amenities are approximate.
