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West Bank, West Bank, East London, Eastern Cape
R 1 400 000
Excellent Investment Opportunity with Immediate Rental Income Situated in the established suburb of West Bank, this income-generating property presents an excellent opportunity for investors looking to expand their portfolio or enter the rental market with an asset that already produces a steady return. The property is currently occupied by six tenants, generating a combined rental income of approximately R22,000 per month. While the home does require some TLC and maintenance, it offers significant potential for a buyer willing to renovate and enhance the property over time. Whether you choose to retain the existing tenants and enjoy immediate cash flow or upgrade the property to increase its rental potential and overall value, this is an opportunity with plenty of upside. Key Features Existing rental income of approximately R22,000 per month Six tenants already in place Strong investment potential Requires renovation and general maintenance Opportunity to increase value through improvements Convenient West Bank location with easy access to amenities and transport routes Properties with an established rental income are becoming increasingly sought after, and this one offers the chance to earn from day one while adding value through strategic renovations. If you're looking for a property with immediate returns and long-term potential, this West Bank investment deserves your attention.
Estimated monthly repayment
R 13 221
on a R 1 260 000 bond over 20 years at 11.25%
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West Bank, West Bank, East London, Eastern Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Fairly pricedIn line with comparable 3-bed houses for sale in West Bank
Based on 97 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Sipho Adams
Unclaimed listing — claim it to verify
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