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Ilitha Park, Ilitha Park, Khayelitsha, Western Cape
R 1 599 000
Situated on a +/-316 square meter plot, this excellent investment property offers a well maintained two bedroom home with a fully fitted kitchen, a bathroom, and an open plan lounge. This property also features 7 bachelor flats at the rear, with approved building plan in place. The flats currently generate a combined rental income of approximately R17, 500 per month. For investors seeking maximum returns, the 2 bedroom house can be rented out for an estimated R5000 per month, bringing the propertys potential total rental income to approximately R22, 500 per month. A fantastic investment opportunity offering immediate rental income and strong potential growth. Exclusively marketed by EXP Realty South Africa, contact me for private viewings.
Estimated monthly repayment
R 15 100
on a R 1 439 100 bond over 20 years at 11.25%
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Ilitha Park, Ilitha Park, Khayelitsha, Western Cape
Fair-value check
Priced highPriced 56% above comparable 2-bed houses for sale in Ilitha Park
Based on 11 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Karabo Dlamini
Unclaimed listing — claim it to verify
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