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Rivergate, Rivergate, Milnerton, Western Cape
R 995 000
An excellent opportunity for investors to secure a modern, income-generating property in the fast-growing Rivergate area. This 2-bedroom, 1-bathroom apartment is situated on the first floor in a brand-new complex and offers 51 sqm of well-designed living space. The unit features large aluminium windows that allow for plenty of natural light, creating a bright and inviting atmosphere throughout. The bathroom is finished with a bathtub, shower, and a sleek LED mirror, adding a modern touch to the space. This unit is best suited for investors, as it comes tenanted, generating a rental income of R10,500 per month — allowing you to start earning immediately. Location & Convenience: • Close to Curro Academy Sandown • Near McDonald's and Engen Garage • Easy access to Healthcare • Nearby shopping centres and essential amenities • Quick access to main routes and surrounding areas Additional Costs: • R5,000 reservation fee (payable towards the levies account once the property is transferred into the purchaser's name) • R15,000 bond registration cost (applicable if purchasing with a bond) Contact me for a viewing.
Estimated monthly repayment
R 9 396
on a R 895 500 bond over 20 years at 11.25%
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Rivergate, Rivergate, Milnerton, Western Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Good valuePriced 3% below comparable 2-bed apartments for sale in Rivergate
Based on 26 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Mpho Motaung
Unclaimed listing — claim it to verify
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