Apartment for sale
Convenient, income-ready city living in Southernwood — steps from the CBD, schools and beachfront. Ground-floor, turnkey unit with immediate rental income, four bedrooms and one bathroom.
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, offering affordability, stable occupancy, and reliable monthly cash flow.
Whether you are an experienced investor or entering the market for the first time, this apartment delivers strong value in a well-established and high-demand suburb.
Listed for sale at R850,000
Compared with 89 active listings in East London.
Insight
Priced 14% above the local median — but still inside the typical range for East London.
It's smaller 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.
Similar properties pricing
Key differences
Premium priced · based on 67 listings
Compact at a premium · based on 67 listings
Market depth
89 listings
Similar homes town-wide
104 days
Median time on market
Many similar homes
Active across East London
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 the city's primary business district, essential services, and established educational institutions.