Description
Unlock an exceptional opportunity with this block of 20 spacious townhouses, perfectly positioned for investors seeking both solid returns and long-term growth. Located in the heart of vibrant Milnerton, this property combines modern living with impressive rental potential, offering a ready-made income stream.
Key Highlights:
20 Contemporary Townhouses: Each unit features 3 large bedrooms, 2.5 bathrooms, and spans 92 sqm of well-designed space. With natural light pouring in from both sides and private gardens (front and back), residents enjoy comfort and tranquility.
Strong Rental Income: With each unit currently rented at R10 000- R15,000 per month, this property brings in a robust monthly income of approximately R200,000. That’s an attractive gross yield for savvy investors!
Prime Location: Situated in Milnerton, residents are a stone’s throw from beaches, shopping hubs, and the city center--perfect for professionals and families alike. Plus, with easy access to transport routes, this location is always in demand.
Low Maintenance, High Appeal: Aluminium windows, prepaid utilities, and secure fencing keep upkeep costs low, while automated gates and private garages offer residents peace of mind.
Why You Should Invest: This fully-leased complex is not just about strong ROI--it’s about stability and growth in a market that continues to thrive. Whether you're looking for a hands-off investment or a property with high rental demand, this block ticks all the boxes.
Don’t miss out--schedule a private viewing today!
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60
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5192m2
