Developers Dream Opportunity

R 14,950,000

Can I afford this?
11 months ago166 views
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General Details
For Sale By:Agency
Description
Milnerton is a bustling suburb situated a few kilometres away from Cape Town, South Africa. This growing urban location has a diverse community of residents, and it offers a wide range of amenities such as fantastic shopping centres, restaurants, and entertainment facilities. The craving for residential space in Milnerton is on the rise, making this the perfect scenario to develop something extraordinary for the community.

The 2550 square metre site could be transformed into a fantastic residential complex that can offer a sense of community and togetherness. The developer could create a living space that caters to every individual's needs, making Milnerton a place to call home. The complex can consist of a mix of homes, from spacious apartments to cosy townhouses, including everything from an array of amenities to modern design.

The opportunity to create specific areas of social gathering is vast, such as a club house, braai areas, a large swimming pool, or a children’s play area. An essential consideration to keep in mind will be ample parking for residents and visitors. Security should also be a top priority in any modern residential complex and be well secured with access control.

Apart from catering to the community and providing them with a sense of belonging, the location is perfect for young professionals as Milnerton is home to several of South Africa's top employers, including the Cape Town International Airport, Mediclinic Milnerton, and the Montague Gardens Industrial Area.

Milnerton is the ideal location for developers to create a residential complex that caters to the desires of the local community. By understanding the needs of potential residents, such as the demand for convenience, safety, and community, the developer can create a space where people are proud to live. With a developer’s dream opportunity, an exceptional residential complex that appeals to everyone in Milnerton is just a brainstorm away.

Has Pool
Property Reference #: TPR4992

Agent Details:
Mike Green
Tyson Properties
Shop 16 The Piazza Shopping Centre
Corner Parklands Main & Link Rd
Parklands
7441

Id Subtitle 1208177862
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Estimated monthly repaymentR 162,015
Total property loan amountR 14,950,000
Total interestR 23,933,410
Total repaymentR 38,883,410
Interest rate at 11.75% for 20 years *
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