R7,500,000
R7,500,000
12 Milner Road
Monthly Bond Repayment R78,694.20
Calculated over 20 years at 11.25% with no deposit.
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Monthly Rates
R3,038
R3,038
Investment Opportunity in the Heart of Booming Sea Point – Milner Road
Sole Mandate.
This is an exceptional investment opportunity in one of Cape Town’s most vibrant and sought-after areas – Sea Point. Located on Milner Road, this property offers the perfect blend of convenience, tranquility, and potential. Whether you’re looking to create your own dream home or develop a few stylish apartments for investment, this property is ideal for you.
Key Features:
Zoning Rights: With existing zoning rights, this property is ready for development – create the perfect residential space or capitalize on the demand for apartment living in this prime location.
Prime Location: Situated just off the main road, this property offers the peace and quiet you desire, yet is within walking distance of the stunning Sea Point Promenade. Enjoy the best of both worlds: a serene living environment with quick access to the buzz of Sea Point’s main attractions.
Close to Amenities: Perfectly positioned close to shops, restaurants, cafes, gyms, and public transport, ensuring convenience at your doorstep.
Investment Potential: With Sea Point’s continuous growth and popularity, properties in this area are always in demand. This is your chance to own a piece of this iconic neighborhood, whether for personal use or as a high-return investment.
Why This Property?
Versatile Use: Whether you envision a stylish home or a modern apartment complex, the zoning rights offer flexibility for various types of development.
Unbeatable Location: Walk to the Promenade, relax by the beach, or explore the many shops and restaurants of Sea Point – all just a stone’s throw away.
Investment Growth: Sea Point’s property market is renowned for its high rental demand and steady capital growth. This property represents an incredible opportunity to tap into that potential.
Sought-After Area: Land and property in the Atlantic Seaboard are in extremely high demand and go fast, especially with the exciting developments happening in the area. With new projects on the rise, now is the perfect time to secure your spot in this thriving location.
Don’t miss out on this rare opportunity in Sea Point. Properties like this don’t stay on the market for long, so act fast!
Call today to schedule a viewing and make this prime Sea Point property yours.
Features
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Domestic Accommodation
1
Sizes
Floor Size
228m²
Land Size
358m²
Sea Point, Cape Town
Cape Town is one of the most iconic and popular destinations in South Africa. Known as the "Mother City," it is located in the Western Cape province and is home to over 4 million people.
The city is known for its natural beauty, with Table Mountain, the Cape of Good Hope, and the False Bay coastline being some of the most iconic landmarks. The city is also home to numerous beaches, parks, and nature reserves,...
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Disclaimer: While every effort will be made to ensure that the information contained within the Meridian Realty website is accurate and up to date, Meridian Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
