FindHomes

Western Cape

FindHomes

Western Cape

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R 2 195 000

Brooklyn, Milnerton

10 212
310 m² land7 081 R/m²
199 m² interior11 030 R/m²
Listed by
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What's Special

Multi-Unit Investment Property
Established Rental Income
Secure Gated Access
Requires Renovation

Description

This charming three-bedroom house is situated in the desirable Brooklyn area of Milnerton, Western Cape, a region known for its stunning mountain ranges, pristine white beaches, and rich biodiversity. The property offers an excellent opportunity for investors or families seeking a vibrant community to call home.

Inside, you’ll find three spacious sunlit lounges, providing ample space for a comfortable TV room, a cozy dining area, and an additional room that can be customized to suit your needs. The neat, fully-fitted kitchen boasts generous cupboards and countertop space, making it a delightful spot for culinary adventures.

The sunny main bedroom is both spacious and inviting, featuring a row of built-in cupboards and an en-suite bathroom for added privacy. Two equally spacious bedrooms, also adorned with built-in cupboards, share a second well-appointed bathroom, ensuring comfort for family and guests alike.

This property comes with a single garage and safe parking for two additional cars. A significant highlight is the flatlet located at the back, which features seven separate units with two bathrooms, currently generating a monthly rental income of R25,200. The main house is also rented out for R9000 per month, bringing the total monthly rental income to R34,200. An agreement with tenants states that rents will increase in April 2026, providing an excellent opportunity for future earnings.

Additional features of the property include a ground floor unit, abundant natural light, a nearby bus service, minibus taxi service, and train service. It is pet-friendly, single-storey, totally fenced, wheelchair-friendly, and equipped with Wi-Fi, making it ideal for a variety of lifestyles. Don't miss the chance to invest in this versatile property that combines comfort, convenience, and a promising income stream.

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Features

Modern Kitchen with Built-in Appliances
Spacious Master Suite
Covered Patio
Double Garage
Walk-in Closet
Home Office Space

Rooms

3 Bedrooms
2 Bathrooms
Kitchen
Lounge
Study

Price History

1 July '25

Reduced by R195,000

R1,000,000

-16.3%

4 June '25

Listed on FindHomes

R1,195,000

Location

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