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Ilitha Park, Ilitha Park, Khayelitsha, Western Cape
R 2 799 000
This 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 entrance Every 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 you’re 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
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
Amahle Coetzee
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