House for sale
Flexible multi-generational or investment living with coastal convenience in Nahoon Valley — three income-generating residences, private pool and braai area; main house has four bedrooms, two bathrooms.
Location, location, location! This versatile Nahoon Valley property offers an exceptional opportunity for investors or extended families, with three separate income-generating residences and a combined rental income of approximately R26,500 per month.
The spacious main house generates R13,500 per month and offers 4 bedrooms, 2 bathrooms (1 en-suite), lounge, dining room and a well-equipped kitchen with granite tops, ELO and hob, plus scullery, laundry and pantry. Enjoy a private pool, veranda, patio and braai area. Flooring includes carpet, tiles and attractive wooden floors. A single garage completes the main residence.
The 2-bedroom flat generates R8,000 per month and features an open-plan kitchen, bathroom with shower, basin and toilet, plus its own separate vehicle entrance and secure parking.
The bedsitter generates a further R5,000 per month, offering an open-plan kitchen and lounge, bathroom with shower, basin and toilet, together with an undercover carport.
Total potential rental income: R26,500 per month / R318,000 per annum.
A fantastic opportunity to secure a property offering substantial rental income and excellent versatility in sought-after Nahoon Valley.
Listed for sale at R2,645,000
How does this home’s price compare with similar properties?
Price comparison based on 17 similar-sized 4-bed homes.
Insight
Priced 3% above the local median - but still inside the typical range across East London.
Compared with 17 similar homes (21 listings) across East London.
It is higher 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.
Around R2.4M typical in Nahoon Valley (small sample of 3).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Nahoon Valley is a tranquil, family-oriented residential suburb in East London that offers convenient access to major transport routes, reputable schools, and the scenic Nahoon River.