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Ilitha Park, Ilitha Park, Khayelitsha, Western Cape
R 2 799 000
Investment 8 Self-Contained Flatlets with Strong Income PotentialThis versatile asset comprises eight fully self-contained flatlets, each offering:- 2 bedrooms with ample space and natural light- 1 modern bathroom- A fully equipped kitchen- Open-plan living area with a private entranceEvery unit operates independently, providing excellent tenant privacy and flexibility for short- or long-term rentals.The property sits on a generous, low-maintenance stand with ample parking, minimizing upkeep costs while maximizing profitability.Whether youre expanding your rental portfolio or seeking a multi-income property with solid yield potential, this investment delivers consistent returns and future growth opportunities.Key Highlights:- 8 self-contained rental units- Multiple income streams- Low operating costs- Ideal for investors, developers, or owner-occupiers seeking passive income Show more Show less
Estimated monthly repayment
R 26 432
on a R 2 519 100 bond over 20 years at 11.25%
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Ilitha Park, Ilitha Park, Khayelitsha, Western Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Ayanda Zulu
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