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Milnerton Central, Milnerton Central, Milnerton, Western Cape
R 1 165 000
Investment Potential - Lock up and go One bedroom. 3rd floor apartment available in Milnerton, close to Lagoon Beach. 59sqm cozy apartment -well maintained functional layout, comfortable living, open plan, Great holiday unit as a investment. Rental income R 9.000.00. Investment Potential – Lock-Up-and-Go Apartment in Milnerton An excellent investment opportunity or holiday retreat, this well-maintained 59sqm third-floor apartment is ideally situated in Milnerton, just minutes from Lagoon Beach. Designed for comfortable living, the apartment offers a functional open-plan layout with a warm and inviting atmosphere. The spacious bedroom is large enough to accommodate a king-size bed, a desk, and additional furniture, and features built-in cupboards and curtain rails. The modern bathroom is beautifully finished with stylish black-and-white tiled walls, tiled flooring, a contemporary basin with glass-top vanity, toilet, bath, and shower. The open-plan kitchen boasts tiled flooring, ample built-in cupboards, stone mosaic countertops, a stove and oven with extractor fan, blinds, and a convenient breakfast nook. Flowing seamlessly from the kitchen is the spacious lounge area, featuring wooden flooring, curtain rails, and access to a private balcony. Currently generating a rental income of approximately R9,000 per month, this property presents excellent value for investors seeking a secure, low-maintenance lock-up-and-go apartment in a sought-after coastal location. Contact agent for viewing.
Estimated monthly repayment
R 11 001
on a R 1 048 500 bond over 20 years at 11.25%
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Milnerton Central, Milnerton Central, Milnerton, Western Cape
Listed by
Riccardo Mascis
Address Realty
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