House for sale
Investor-friendly living in Selborne, East London—walking distance to Vincent Park shopping and schools. Corner erf with three rental units including a granny flat; five beds, three baths, covered parking.
Unlock the potential of this outstanding income-generating property, perfectly positioned on a prominent corner stand in the highly desirable suburb of Selborne, East London.
Currently generating an impressive rental income of approximately R23,600 per month, this property offers investors immediate returns with reliable tenants already in place, making it an ideal addition to any property portfolio.
The main residence has been intelligently converted into two self-contained living units, each offering a comfortable bedroom, lounge, and kitchen. Designed to maximise rental income while providing practical, private accommodation, these units are well suited to long-term tenants.
Adding even greater value is a separate granny flat, creating a third income stream and further enhancing the property's earning potential.
Ideally located within walking distance of Vincent Park Shopping Centre, reputable schools, public transport, and a variety of everyday amenities, this property enjoys a location that consistently attracts quality tenants. The spacious corner erf also offers ample outdoor space with exciting possibilities for future expansion or further development.
Whether you're an experienced investor or looking to secure your first income-producing property, this is a rare opportunity to acquire a well-positioned asset with established cash flow, excellent growth potential, and long-term investment appeal.
Listed for sale at R2,100,000
Wide price range across East London
Prices vary widely across East London, so a like-for-like comparison isn't reliable for this home.
Within the typical range for East London (R1.8M–R4.5M).
Market depth
75 similar homes
80 listings across East London
108 days
Median time on market
Many similar homes
Active across East London
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Selborne is a highly sought-after, leafy residential suburb in East London known for its historic charm, proximity to top-tier schools, and central location that offers a peaceful family-oriented lifestyle.