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Selborne, Selborne, East London, Eastern Cape
R 2 100 000
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. GIBELA TRADE AND INVEST 1204 (PTY) LTD trading as RE/MAX Border (Beacon Bay) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 19 831
on a R 1 890 000 bond over 20 years at 11.25%
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Selborne, Selborne, East London, Eastern Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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