- 5
- 3
- 973.0 m2
Monthly Costs
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Property description
Situated in Selborne, this exceptional corner property presents a fantastic opportunity for investors seeking an established income-generating asset in one of East London's most sought-after suburbs.
Currently generating rental income of about R23 600 per month the property offers immediate returns with existing tenants already in place.
The main house has been thoughtfully partitioned into two separate living units, each comprising a bedroom, lounge and kitchen, providing comfortable accommodation and maximizing rental potential.
In addition, a separate granny flat at the rear of the property offers an extra source of income, making this a versatile investment with multiple rental streams.
Conveniently located within walking distance of Vincent Park Shopping Centre, schools, public transport and other essential amenities, the property enjoys a prime position that remains highly attractive to tenants. The generous corner stand also provides ample yard space with potential for future improvements or further development.
Whether you are looking to expand your investment portfolio or secure a property with proven cash flow, this is a rare opportunity to own a well-located, income-producing property in the heart of Selborne.
Contact us today to arrange a viewing and explore the potential this outstanding investment has to offer.
Property Details
- 5 Bedrooms
- 3 Bathrooms
- 1 Lounges
- 1 Dining Area
Property Features
- Patio
- Aircon
- Pets Allowed
- Kitchen
- Entrance Hall
- Paving
- Garden
- Asbestos roof
- Aluminium/steel windows
- Carpet/wooden flooring
- Prepaid meter
| Bedrooms | 5 |
| Bathrooms | 3 |
| Erf Size | 973.0 m2 |
