Apartment for sale at 8 Columbia
Comfortable family home within easy reach of local amenities, offered with seller-paid compliance certificates before handover — ideal for buyers seeking an as-is purchase with renovation potential.Turnkey income property near the N2 and Promenade Mall, delivering R62,000/month; includes 12 bachelor units, two 2‑bed houses and three‑phase power.
First option: R2 400 000
The seller shall be responsible for the costs of obtaining the applicable compliance certificates, including the electrical, plumbing, and beetle/woodborer certificates, where applicable, as well as the required SANS 10400 compliance certificate for the doors. The Seller shall attend to these requirements at the Seller’s cost. Thereafter, the property shall be sold voetstoots (as is), and the Purchaser accepts the property in its existing condition, subject to the terms and conditions of the Offer to Purchase.
Second option: R2 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.
Listed for sale at R2,400,000
Ikwezi Park in Khayelitsha offers residents a vibrant, community-oriented neighborhood with accessible local amenities and strong transport connections to greater Cape Town.
