Well maintained block of with 13 Apartments and 4 shops on the ground floor Fully tenanted with long standing and loyal paying tenants. Located in Koeberg Road Brooklyn Milnerton The apartments are spacious with a mix of 2 bedroom units X10 and 1 bedroom units X3 The overall condition of the building is good with a automated gate access with 10 parking bays and secure gate for pedestrian access Very safe and secure Close to all public transport and MyCiTi bus stop across the road The building is well taken care of and well situated has a huge potential for future growth. Rental income R110 000 monthly
History
The Cape Town suburb of Milnerton was established in 1902 on the site of the old farm, Janbiesjeskraal, and was named in honour of Sir Alfred Milner, Cape Governor 1897-1901. The railway line from Milnerton Junction reached Milnerton on 22 September 1904. Then the area began to grow steadily
Climate
In Milnerton, the climate is warm and temperate. In winter, there is much more rainfall in...
More Info
Sign-up and receive Property Email Alerts of Apartment Blocks for sale in Brooklyn, Milnerton.
Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts Dunn website is accurate and up to date, Harcourts Dunn 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.