Flat for sale
Enjoy central Southernwood living with reliable rental income—multi-tenanted four-bedroom flat featuring an updated modern kitchen, generous lounge, 1.5 baths and single covered parking.
Modern Multi-Tenanted Four-Bedroom Flat in Central Southernwood
Located in the heart of Central Southernwood, this spacious and modern four-bedroom flat offers an excellent investment opportunity. The property is currently multi-tenanted, generating a solid monthly income of R11,400, making it an ideal income generator.
The flat features a beautifully updated modern kitchen, a lounge ,bathroom, and a separate toilet for added convenience. With ample space throughout and a well-maintained interior, this property is perfect for investors looking for a reliable rental income in a sought-after location.
Listed for sale at R795,000
How does this home’s price compare with similar properties?
Price comparison based on 16 similar-sized 3–5 bed homes.
Insight
Priced 14% below the local median - but still inside the typical range across East London.
Compared with 16 similar homes (18 listings) across East London.
It is lower per m² than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Southernwood is a centrally located, historic suburb in East London that offers residents convenient access to major schools, medical facilities, and the vibrant city center.
