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8 Columbia, Ikwezi Park, Khayelitsha, Western Cape
R 2 800 000
**Exceptional Investment Property – High Monthly Rental Income of R62,000** This outstanding investment opportunity offers **12 bachelor/1-bedroom units** and **2 spacious 2-bedroom houses**, making it ideal for investors seeking strong and consistent rental income. ### Property Features #### 12 Rental Units Each unit consists of: * 1 bedroom * Bathroom/en-suite with shower, toilet, and basin * Open-plan lounge and dining area * Internet connection and TV aerial connection * Access to a central server room connecting all internet and TV wiring #### 2 x 2-Bedroom Houses Each house offers: * Main bedroom with tiled flooring * Second bedroom with tiled flooring * Shared bathroom with shower, toilet, and basin * Open-plan lounge and dining area * Fully fitted kitchen with built-in cupboards ### Additional Benefits * Property will be fully cleaned before handover * Outstanding construction work will be completed, including: * Plumbing * Electrical work * Tiling * Door installations ### Included Documentation The new owner will receive: * Approved building plans * Slab engineering certificates * Plumbing compliance certificate * Building compliance certificate * Electrical compliance certificate ### Utilities & Infrastructure * Electricity upgraded to **3-phase power** ### Prime Location Conveniently located with easy access to the N2 and close to: * Promenade Mall * False Bay College * Hospitals and clinics * Petrol stations * Schools * Public transport routes * Government services ### Excellent Rental Return * 12 units × R4,000 per month = **R48,000** * 2 houses × R7,000 per month = **R14,000** ### Total Monthly Rental Income: **R62,000** Don’t miss this rare opportunity to own a high-income investment property in a rapidly growing and well-connected area.
Estimated monthly repayment
R 26 441
on a R 2 520 000 bond over 20 years at 11.25%
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8 Columbia, Ikwezi Park, Khayelitsha, Western Cape
Liivra AI market value
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Listed by
Deon Mokoena
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