House for sale
Enjoy secure, community-minded living in sought-after Selborne, East London — five income-generating units on one walled property; eight beds, six baths and six covered parking
Discover an exceptional investment opportunity in sought-after Selborne, East London! This versatile property comprises a main house divided into separate front and rear units, two modern flats and a bedsitter, all currently generating income. Ideal for investors seeking multiple income streams from one property.
The property is enclosed by boundary walls and secured with a remote-controlled access gate and electric fencing. Additional features include a solar geyser, paved parking and a tranquil garden.
Main House – Front Unit with electrical prepaid sub-meter.
A spacious verandah with a braai welcomes you into this charming home, featuring an entrance hall, dining room/lounge, study and open-plan kitchen with an island, granite countertops, gas hob and electric oven. Three bedrooms, two bathrooms, extended single garage with a laundry and washing machine connections, storeroom and outside toilet complete the accommodation. In addition to the single garage, there is open parking for two vehicles.
Main House – Rear Unit with electrical prepaid sub-meter.
With its own separate entrance, this unit offers one bedroom, an open-plan lounge/dining area, kitchen and full bathroom with shower in bath. A verandah with a braai, pantry and one open parking add to its appeal.
Flat 1 with electrical prepaid sub-meter.
A modern unit featuring an open-plan lounge and bedroom, kitchen with gas hob and electric oven, full bathroom plus one parking.
Flat 2 with electrical prepaid sub-meter.
Comprises two modern bedrooms, a full bathroom, a stylish kitchen with an island, granite countertops, gas hob and electric oven plus two parkings.
Bedsitter with electrical prepaid sub-meter.
Privately positioned with a separate entrance, this unit offers a bedroom/living area, kitchenette and a bathroom with shower, basin and toilet.
An Investment Worth Considering!
With five separate living spaces currently generating rental income, secure surroundings and versatile accommodation, this property offers an excellent opportunity for investors or buyers looking to combine comfortable living with rental returns. Make this Selborne gem yours!
Listed for sale at R3,650,000
How does this home’s price compare with similar properties?
Price comparison based on 21 similar-sized 5+ bed homes.
Insight
Priced 26% above the local median - at the upper edge of the typical range across East London.
Compared with 21 similar homes (23 listings) across East London.
The premium partly reflects the larger floor size; buyers should still compare condition, position, views and finishes before deciding. 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 R4.3M typical in Selborne (small sample of 2).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Selborne is a leafy, established residential suburb in East London renowned for its top-tier schools and quiet, family-friendly atmosphere close to urban conveniences.
