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Quay 1 International Realty

House · For SaleRef RL1071

Home with Guest House Rights, Dual Flatlets & Exceptional Income Potential

R 10 500 000

17 Cotswold Drive, Milnerton Central, Milnerton

Key facts

Type
House
Bedrooms
6
Bathrooms
6.5
Carports
8
Floor size
540 m²
Land size
2506 m²
Title
Freehold
Rates
R 3 413 p/m
Rarely does a property combine the scale, flexibility, and earning potential offered by this impressive Milnerton residence. Whether you're looking to establish a boutique guest house, accommodate an extended family, or invest in a home that generates multiple income streams, this exceptional property delivers on every level. An inviting driveway welcomes you onto the property, where ample parking for up to eight vehicles makes it ideal for both family living and guest accommodation. Rolling lawns, a charming boma with a firepit, and a sparkling swimming pool create inviting outdoor spaces to relax and entertain, all complemented by beautiful lagoon and mountain views. The home offers 6 spacious bedrooms and 6 bathrooms and guest loo, providing generous accommodation for a large family or guesthouse operation. Two fully self-contained flatlets, currently operating successfully as Airbnb accommodation, provide immediate income while maintaining privacy for the main residence. With approved guest house rights, the property offers outstanding flexibility for those looking to expand into the hospitality market or create a premium accommodation offering in one of Milnerton's most sought-after locations. Additional features include a dedicated laundry room, well point, JoJo water storage tanks, and excellent security, ensuring practicality alongside lifestyle. Ideally positioned in the heart of Milnerton, you'll enjoy easy access to Cape Town CBD, pristine beaches, top schools, shopping centres, restaurants, and major transport routes, making this an exceptional lifestyle and investment opportunity. Whether your vision is a thriving guest house, a multigenerational family home, or an income-producing investment, this remarkable property offers endless possibilities. ** EVERY EFFORT HAS BEEN MADE TO ENSURE THE ACCURACY OF THE INFORMATION PROVIDED. HOWEVER, THE DETAILS CONTAINED HEREIN ARE FOR INFORMATIONAL PURPOSES ONLY AND MAY BE SUBJECT TO ERRORS, OMISSIONS, OR CHANGE WITHOUT NOTICE. ** PLEASE KINDLY CONTACT ME VIA WHATSAPP TO CONFIRM YOUR ATTENDANCE PRIOR TO THE SHOW DAY, AS VIEWINGS ARE BY APPOINTMENT ONLY

Features

  • pool
  • security
  • sea views
  • pets allowed

Location

17 Cotswold Drive, Milnerton Central

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Living in Milnerton Central

Milnerton is a well-established and versatile suburb offering a unique blend of coastal living, green open spaces, and everyday convenience.

Read the Milnerton Central area guide →

Good to know

What is the asking price?+

This house is on the market at R 10 500 000.

How many bedrooms and bathrooms does it have?+

It has 6 bedrooms and 6.5 bathrooms.

Is there parking?+

Yes - 8 parking bays.

How big is it?+

The floor size is 540 m², on a 2506 m² erf.

Is it pet-friendly?+

Yes - pets are allowed.

Where is it located?+

It's in Milnerton Central, Milnerton.

Bond repayment

Estimated monthly repayment

R 102 410

On a R 9 450 000 bond over 20 years at 11.75%.

Transfer costs

Purchase price
R 10 500 000
Transfer duty (SARS)
R 932 356
Transfer & conveyancing (est.)
R 92 250

Estimated once-off costs

R 1 024 606

Indicative only - bond registration costs excluded; your conveyancer confirms final figures.

Jambo Home Loans

Pre-qualified before you offer

Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.

Call 087 474 0483

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