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Joe Slovo, Joe Slovo, Milnerton, Western Cape
R 500 000
The Strategic Upside • Location Demand: Because it is directly adjacent to Montague Gardens, Marconi Beam, and Milnerton Central, tenant demand is driven by the massive local workforce looking to cut down on commuting costs. • Density Potential: A 112m² plot for a 1-bedroom house leaves decent footprint potential. Investors in this micro-market often look at these properties with an eye toward future expansion—adding double-story structural extensions or multi-let rooms (backrooms) to maximize rental yield per square meter. • Cash Flow over Capital Growth: These pockets generally deliver stronger monthly cash-on-cash yields relative to the purchase price compared to nearby suburbs, even if capital appreciation moves at a slower pace.
Estimated monthly repayment
R 4 722
on a R 450 000 bond over 20 years at 11.25%
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Joe Slovo, Joe Slovo, Milnerton, Western Cape
Area view — the exact address is shared on enquiry.
Listed by
Kagiso Moodley
Unclaimed listing — claim it to verify
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