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.

1 apartments for sale in Ikwezi Park, Khayelitsha

R 2,800,000

R 2,800,000

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