3 Bed Apartment in Milnerton

3 1.5 1 108

Looking for an investment property. The description of the lovely sunny 3-bedroom apartment with views of the lagoon, close proximity to amenities, a 10-minute walk to the beach, and being part of a safe and well-maintained complex sounds appealing, especially with the added benefit of having a tenant with a lease until 2025. Here are some positive aspects:

Positive Aspects:

1.Tenant Stability: Having a tenant with a lease until 2025 provides stability in

rental income, reducing the risk of vacancy and ensuring a consistent cash flow.

2.Location: The property''s location, with views of the lagoon and a short walk to the

beach, is likely to be attractive to tenants and future buyers, potentially

contributing to property value appreciation.

3.Amenities and Proximity: Being close to amenities is convenient for tenants and

can enhance the property''s appeal. A 10-minute walk to the beach is a desirable

feature for many individuals.

4.Safety: The fact that the property is part of a safe and well-maintained complex

is a positive attribute. Safety is a key consideration for tenants and can

contribute to long-term occupancy.

5.Low Maintenance: If the complex is well-maintained, it could mean lower

maintenance costs for you as an investor, as the homeowners'' association or

management company may handle common area maintenance.

Property details

  • Listing number T3991706
  • Property type Apartment
  • Floor size 108 m²
  • Rates and taxes R 756
  • Levies R 2 988

Property features

  • Bedrooms 3
  • Bathrooms 1.5
  • Lounges 2
  • Covered Parkings 1
  • Built In Cupboards
  • Scenic View
  • Entrance Hall
  • Kitchen

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