R7,200,000
R7,200,000
12 Milner Road
Monthly Bond Repayment R74,317.56
Calculated over 20 years at 11% with no deposit.
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Monthly Rates
R3,038
R3,038
Prime Investment Opportunity on Milner Road – Sea Point
Sole Mandate
Located in one of Cape Town's most desirable and dynamic neighborhoods, this property on Milner Road offers a unique opportunity to invest in the heart of Sea Point. Whether you’re planning to create your dream home or develop a series of contemporary apartments, this site provides the ideal foundation for your vision.
Property Highlights:Zoning Rights: With existing zoning in place, this property is primed for development. The flexibility allows for a range of possibilities, from creating a custom residence to capitalising on the high demand for modern apartment living in this vibrant area.
Unbeatable Location: Nestled just off the main road, this property offers the peace and privacy you seek while still being just a short stroll from the Sea Point Promenade. Here, you can enjoy a tranquil setting with easy access to the lively energy of Sea Point’s bustling attractions.
Convenience at Your Doorstep: Enjoy being within close proximity to an array of amenities, including popular shops, cafes, restaurants, gyms, and public transport, making daily living a breeze.
Strong Investment Potential: Sea Point’s continued growth and enduring appeal make it a sought-after area for both residents and investors. The demand for properties here remains high, offering great prospects for rental income or long-term value appreciation.
Why This Property is a Must-See:
Versatile Development Options: The zoning rights grant you the flexibility to design and build either a chic home or a modern apartment complex, catering to a range of potential needs.
Prime Location: Enjoy the best of Sea Point living – walk to the iconic Promenade, unwind by the beach, or explore the bustling local shops and eateries – all within easy reach.
Excellent Investment Opportunity: Sea Point’s property market continues to experience strong demand, making this property a promising choice for anyone looking to invest in a high-growth area.
Rising Demand in the Area: Properties in the Atlantic Seaboard are highly sought after, especially with the ongoing developments in the region. With Sea Point’s real estate market in high demand, now is the perfect time to secure your spot.
This is a rare opportunity to own a piece of Sea Point’s iconic real estate.
Don’t let it slip by – schedule a viewing today and explore the potential this property has to offer.
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.
