60 Bedroom Apartment Block For Sale in Milnerton Central
R32,000,000
Monthly Bond Repayment R341,257.48
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL22709
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