SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS

R32,000,000

Monthly Bond Repayment R341,257.48
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Welcome to an exceptional investment opportunity in the heart of Milnerton Central

This residential block features 20 modern, spacious units, each offering 3 bedrooms and 2 bathrooms, perfect for families or professionals seeking comfort and convenience.

Property Features:
• Units: 20
• Bedrooms per Unit: 3
• Bathrooms per Unit: 2
• Parking: 20 garages, ensuring secure parking for all residents
• Private Outdoor Space: Each unit boasts a private backyard and garden area, offering a serene retreat for relaxation and entertainment

Situated in the sought-after Milnerton Central, this property enjoys proximity to essential amenities, top-rated schools, shopping centers, and recreational facilities. The area is well-connected by public transport, providing easy access to Cape Town’s city center and surrounding areas.

Investment Highlights:
• High Demand: The area’s popularity ensures consistent rental demand, making it an ideal investment for steady rental income.
• Capital Growth: Milnerton Central is a rapidly developing area, offering potential for significant property value appreciation.
• Versatility: The property’s design caters to a wide range of tenants, from families to young professionals, enhancing rental prospects.
Business Opportunities:
• Rental Income: With 20 units, the potential for robust monthly rental income is substantial, providing a strong return on investment.
• Short-Term Rentals: The property’s prime location and amenities make it suitable for short-term rental opportunities, such as Airbnb, catering to tourists and business travelers.
• Property Management Services: Investing in a professional property management service can optimize operations and tenant satisfaction, ensuring maximum occupancy and maintenance efficiency.

Don’t miss out on this lucrative investment opportunity in one of Cape Town’s most vibrant communities.

For more information or to schedule a viewing, please contact Zain Waggie

Features

60
40
20
Interior
Bedrooms
60
Bathrooms
40
Kitchens
20
Reception Rooms
20
Exterior
Garages
20
Security
Yes

In the news

Northern Suburbs are getting younger
Northern Suburbs are getting younger! 🔴 In less than 20 years, the Northern Suburbs succeeded in expanding and continue to evolve into a world-renowned precinct of Cape Town. Its pursuit of innovative approaches to urbanism...
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Apartment Blocks for sale in Milnerton Central, Milnerton.

I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

Disclaimer: While every effort will be made to ensure that the information contained within the Greeff Christie's International Real Estate website is accurate and up to date, Greeff Christie's International Real Estate makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

341,257.48

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.