Income-Generating Commercial Opportunity in Southernwood
Positioned on a prominent corner stand measuring 506m² in Southernwood, this versatile commercial property offers excellent exposure, easy accessibility and strong potential for an investor looking to secure an income-producing asset.
The property is currently occupied by three established businesses — a spaza shop, hair salon and takeaway, providing the new owner with rental income from day one.
Adding to its appeal is additional space that can be utilised for storage, additional business activities or future expansion, giving the property flexibility to adapt as your investment grows.
With its high-visibility corner position, steady pedestrian activity and convenient access to major routes, this property presents an attractive opportunity for investors, entrepreneurs or buyers looking to expand their commercial portfolio.
A practical investment with existing income and room to unlock further potential.
The property is currently occupied by three established businesses — a spaza shop, hair salon and takeaway, providing the new owner with rental income from day one.
Adding to its appeal is additional space that can be utilised for storage, additional business activities or future expansion, giving the property flexibility to adapt as your investment grows.
With its high-visibility corner position, steady pedestrian activity and convenient access to major routes, this property presents an attractive opportunity for investors, entrepreneurs or buyers looking to expand their commercial portfolio.
A practical investment with existing income and room to unlock further potential.
Features
Zoning
Sizes
Listing Info
Southernwood, East London
- Amenities
- Schools
Filling Station
0.02 km - BP
0.24 km - BP East London
0.55 km - BP 222 Service Station
Bus Station
0.59 km - Bus Stop
0.61 km - Bus Stop
0.61 km - Bus Stop
Hospital/Clinic
0.12 km - Dr Steyn Crowther
0.17 km - Dr P Sanchez
0.17 km - Dr Keith Alexander Watt
Police Station
0.19 km - South African Police Service - Wynne Street
1.60 km - South African Police Service - East London CCU
1.64 km - South African Police Service Duncan Village Police Station
Shopping Centre
0.15 km - Southernwood Shopping Centre
0.20 km - Malcomess Park
0.64 km - Convenience Centre
0.15 km - Bcc Mcjannet
0.20 km - Malcomess Park Conference & Training Center
0.21 km - Stanford Business College & Computer Centre
0.24 km - Life East London Learning Centre
0.28 km - Centre of Excellence
0.31 km - Sunshine Children's Home
0.35 km - Centre Of Excellence
0.38 km - St Anne's Primary School
0.40 km - Academy High School
0.45 km - New Beginning Day Care Centre
0.60 km - Grens Voorbereidings Skool
0.61 km - Grens Voorbereiding
0.63 km - Southernwood Primary School
0.81 km - Centre of Excellence
0.92 km - Baysville Special Secondary School
Average sold property price in Southernwood
Freehold
Sectional Scheme
Vacant Land
Freehold
R1,292,778
33.3%
Average price
14
33.4%
Transfers
Sectional Title
R555,432
33.3%
Average price
63
33.3%
Transfers
Estate
R746,000
50.0%
Average price
6
50.0%
Transfers
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Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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Disclaimer
While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
