11 Bedroom House in Milnerton Ridge

R 4 000 000

Xandre Groenewald

Just Property-N1 City and Burgundy Estate

11 Bedroom House in Milnerton Ridge

R 4 000 000

Can I afford this?
11 Beds
7 Baths
3 Garages
Floor Area 510 m²
Land Area 880 m²
Rates R 800

Ladies and Gents,

We have for sale an investors dream house.

Where to start, from the front of the house is three garage doors (automated) with parking for another five cars outside without obstructing the garage doors.

Once you enter the garden there is a large outside braai area and small pool with an easy to maintain garden.

Then onto the main house, downstairs is a large kitchen, bar area and living room with two bedrooms and a bathroom.

Both bedrooms have built in cupboards.

Upstairs you have another four bedrooms with two bathrooms, built in cupboards in all rooms. Two of the rooms have access to a large balcony overlooking the garden.

Leaving the main house and next to the garden, you have three flatlets, each having one medium sized room, a full bathroom and a kitchen.

At the back of the property you get two more flatlets, these two are both one bedroom and connected to a single bathroom.

Unless you have one large family, this is the perfect house for an investor to rent out all the rooms, use for Airbnb or do short term rentals.

Expected rental income can range from R37500 - R42500.

By my calculations it can deliver an ROI of 10%.

Due to the safety of the area and the the easy access to Myciti Bus, this house will be ideal for Airbnb, student housing etc.

The house does need work, nothing major or structural but a little bit of maintenance would indeed go a long way.

If you have any questions or queries, please do not hesitate to contact me, or if you would like to come take a look at what can be your next brilliant investment.

Read More

Key Property Features

11
Bedrooms
7
Bathrooms
1
Dining Areas
3
Garages
Balcony
Built In Braai
BIC
Family Tv Room
Garden
Pool

Email the Agent or request the agent Call You Back should you require any further details.

Contact Agent

Sending Message...
By sending, you agree to Private Property's terms and conditions

Photo Gallery

Xandre Groenewald

Xandre

Groenewald

Share this Property

Need a Home Loan?

R
R
*
%
 
Monthly Repayment

Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 10.25% for 20 years
Apply for pre-approval
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

Experience Milnerton

Milnerton is a laid back, relaxed neighbourhood that's just a 15 minute drive away from the Cape Town CBD. The area has an abundance of natural beauty with Milnerton lagoon, Woodbridge Island, Rietvlei Nature Reserve and Milnerton Beach nearby. Residents take maximum advantage of the surroundings to participate in outdoor pursuits like canoeing, surfing, stand up paddling, kite surfing and running. The area is served by a number of shopping centres including Canal Walk, Bayside Mall and the Paddocks Shopping Centre. Century City offers both residential and business opportunities.The Ratanga Junction amusement park also offers entertainment options for the whole family.

Find out more about Milnerton

11 Bedroom House in Milnerton Ridge

R 4 000 000

11 Bedroom House in Milnerton Ridge photo number 1
11 Bedroom House in Milnerton Ridge photo number 2
11 Bedroom House in Milnerton Ridge photo number 3
11 Bedroom House in Milnerton Ridge photo number 4
11 Bedroom House in Milnerton Ridge photo number 5
11 Bedroom House in Milnerton Ridge photo number 6
11 Bedroom House in Milnerton Ridge photo number 7
11 Bedroom House in Milnerton Ridge photo number 8
11 Bedroom House in Milnerton Ridge photo number 9
11 Bedroom House in Milnerton Ridge photo number 10
11 Bedroom House in Milnerton Ridge photo number 11
11 Bedroom House in Milnerton Ridge photo number 12
11 Bedroom House in Milnerton Ridge photo number 13
11 Bedroom House in Milnerton Ridge photo number 14
11 Bedroom House in Milnerton Ridge photo number 15
11 Bedroom House in Milnerton Ridge photo number 16
11 Bedroom House in Milnerton Ridge photo number 17
11 Bedroom House in Milnerton Ridge photo number 18
11 Bedroom House in Milnerton Ridge photo number 19

Contact Agent

Sending Message...
By sending, you agree to Private Property's terms and conditions

3D View

Video Tour

Apply for a Home Loan

Contact Agent