Exclusive Investment Opportunity: Entire Residential Block in Brooklyn, Milnerton
Take advantage of this rare opportunity to acquire an entire residential block in the suburb of Brooklyn, Milnerton. Comprising seven sectional title apartments and seven garages. This complex offers an attractive proposition for investors seeking an easily manageable property with great rental income.
Each apartment is 53 square meters and features: • Two bedrooms with vinyl flooring and built-in wardrobes • A full bathroom equipped with an over-bath shower • A good size kitchen with granite tops and ample cupboard space • A large open-plan lounge with sliding doors that open to a Juliet balcony. • Prepaid water and electricity
The complex is fully tenanted, providing immediate rental income. There is an electric fencing and an automated gate for peace of mind. There is an added benefit of no body corporate due to the size. It is paved throughout and was recently painted, making it an attractive, low-maintenance investment.
Owning a full complex with individually sectional titled apartments provides flexibility in future decisions, offering greater flexibility in terms of future sale or expansion, whether you decide to sell individual units or hold onto the entire property for long-term gain.
Don’t miss out on this fantastic investment opportunity. Contact us today to arrange a viewing.
A profile of Milnerton property from a buyer's perspective, with information on facilities and where to buy in Milnerton.
Milnerton
Located on Cape Town's Atlantic seaboard, the Cape Town suburb of Milnerton offers buyers the opportunity to blend relaxed West Coast living with the convenience of close proximity to Cape Town's city center.
A wide variety of Milnerton properties are available in this...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.