New
R 1 599 000
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2 Bedroom House in Ilitha Park

2 1 4 316 m²

Income Generating Investment Property with 7 bachelor flats - Potential Rental Income of R22, 500pm

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.

Property details

  • Listing number T5517199
  • Property type House
  • Listing date 10 Jun 2026
  • Land size 316 m²
  • Rates and taxes R 661

Property features

  • Bedrooms 2
  • Bathrooms 1
  • Open parking 3
  • Covered parking 1
  • Storeys 1
  • Pet friendly
  • Fenced

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