House for sale
Hands-off income opportunity near shops, schools and public transport — main three-bedroom house plus income-generating outbuildings. Includes shared bathroom units and parking for three vehicles.
We present this opportunity with steady rental income of approximately R8900 per month( R106 800 per annum). With a few final touches required to the house, this is an investors dream. The main house consists of 3 bedrooms, 1 bathroom, lounge and kitchen. The outbuildings consists of 1 unit with a kitchen, and 3 rooms that share the bathroom. Parking is available for 3 vehicles. The house is on the public transport route, close to shops and local schools and churches.
Listed for sale at R720,000
Price reduced by 6.9% to R670,000
Compared with 194 active listings in East London.
Insight
Priced 46% below the local median — and below the typical range for East London.
It's priced below similar homes despite a comparable floor size, which may reflect condition, position or finishes. 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
Market depth
194 listings
Similar homes town-wide
132 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.
Mdantsane is a vibrant, bustling township offering a strong sense of community and rich cultural heritage with convenient access to essential services and major transport routes in East London.
