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MyProperty Africa
MyProperty Africa
R 13,500,000
South AfricaWestern Cape›Milnerton›Brooklyn›PC1593995
A three-story commercial and residential building featuring ground-floor retail space, upper-level residential balconies, and a prominent corner location.
Rear exterior view of a multi-story commercial building featuring a paved parking area, precast boundary wall, and balconies with security bars.
Aerial view of a commercial property featuring a U-shaped building layout with a tiled roof, situated on a corner lot.
A three-story commercial and residential building featuring ground-floor retail space, upper-level residential balconies, and a prominent corner location.
Rear exterior view of a multi-story commercial building featuring a paved parking area, precast boundary wall, and balconies with security bars.
Aerial view of a commercial property featuring a U-shaped building layout with a tiled roof, situated on a corner lot.
A living room featuring tiled flooring, a textured ceiling, and direct access to an outdoor area through a timber-framed glass door.
A functional kitchen featuring white cabinetry, granite countertops, built-in oven, electric hob, and timber flooring, offering a clean and practical workspace.
View Area Map

Commercial for sale

Brooklyn, Milnerton
1400m² Floor
971m² Land

Calling Investors - High-Yield Mixed-Use Investment with Future Sectionalisation Potential

Central urban convenience on Koeberg Road in lively Brooklyn, minutes from Cape Town CBD — mixed-use asset with prominent retail frontage, 13 apartments and proven rental income.

Landmark Mixed-Use Investment on Koeberg Road, Brooklyn

An outstanding opportunity to acquire a substantial mixed-use building in the heart of Brooklyn, Milnerton, one of Cape Town`s increasingly sought-after investment precincts. Perfectly positioned on the busy Koeberg Road, this prominent property combines reliable rental income with significant future value-add potential.

Comprising approximately 1,400 m2 under roof, the property offers an excellent blend of commercial and residential accommodation, all benefiting from consistent tenant demand and excellent accessibility.

Property Composition

Ground Floor Retail

* Shop 1 – 36 m2

* Shop 2 – 47 m2

* Shop 3 – 73 m2

The three street-facing retail units enjoy exceptional exposure to passing traffic, making them well suited to a variety of businesses.

Residential Accommodation

The remainder of the building consists of 13 spacious apartments, including:

3 one-bedroom apartments of approximately 40 m2 each

10 two-bedroom apartments of approximately 70 m2 each

The generous apartment sizes continue to attract quality long-term tenants in an area where affordable, centrally located accommodation remains in high demand.

Investment Snapshot

* Approximate building size: 1,400 m2

* Secure, established tenancy throughout

* Current rental income of approximately R127,000 per month

* Estimated gross yield of 9,5%–11,5% at the asking price

* Multiple income streams across retail and residential sectors

* Approved plans available for due diligence

* Zoned GB1- General business 1

Prime Central Location

Brooklyn has become a preferred destination for investors due to its central position between Cape Town`s CBD, Century City and the northern suburbs. Koeberg Road remains one of the area`s main arterial routes, ensuring excellent visibility, accessibility and ongoing commercial activity.

The property is conveniently located within:

* Approximately 10 minutes of the Cape Town CBD

* Easy reach of Milnerton Beach and Lagoon Beach

* Minutes from Century City and Canal Walk Shopping Centre

* Close proximity to Montague Gardens, Paarden Eiland and the Port of Cape Town

* Quick access to the N1, N7 and major transport routes

The continued regeneration of Brooklyn, together with strong demand for both residential rentals and neighbourhood retail space, has positioned the area as an attractive destination for investors seeking dependable returns and long-term capital growth.

Unlock Additional Value

The property is not currently sectional title registered and is being sold as a single asset. This presents an excellent opportunity for a purchaser to sectionalise the building in the future, creating individually saleable retail shops and apartments, subject to the necessary legal processes.

Approved plans are available and will be provided to serious, qualified buyers upon request.

Properties of this scale, with diversified income, established occupancy and future development flexibility, seldom become available in such a strategic location.

Contact us today for a confidential discussion, financial information or to arrange a private viewing.

Ownership costs

Home Loan Repayment
R 123,350
TotalR 123,350
Could you qualify for a lower home loan rate?

Property history

Listed for sale at R13,500,000

15 Jul 2026
Find similar nearby propertiesSame style and feel, in this price range
Barry Fairlie

Presented by

Barry Fairlie

Property Practitioner

eXp Realty

eXp Realty

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Nearby commercial property+-
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  • Commercial property for sale in Montague Gardens
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Useful links+-
  • Estate agents in Brooklyn
  • Brooklyn area guide

More properties like this

  • Commercial property for sale in Brooklyn
  • Property for sale in Brooklyn
  • Commercial property for sale in Milnerton
  • Property for sale in Milnerton

Nearby commercial property

  • Commercial property for sale in Century City
  • Commercial property for sale in Montague Gardens
  • Commercial property for sale in Milnerton Central
  • Commercial property for sale in Killarney Gardens
  • Commercial property for sale in Rivergate

Useful links

  • Estate agents in Brooklyn
  • Brooklyn area guide

Area overview

Brooklyn is a centrally located, industrial-residential suburb in Milnerton that offers residents convenient access to Cape Town's city center and major transport routes.

Shopping

  • •
    Century City(3.5 km) · Shopping Mall
  • •
    Canal Walk Shopping Centre(4.0 km) · Shopping Mall
  • •
    Milnerton Mall(2.5 km) · Shopping Mall

Education

  • •
    Milnerton High School(2.0 km) · Secondary School
  • •
    Milnerton Primary School(2.2 km) · Primary School

Transport

  • •
    N1 Highway(1.5 km) · Highway
  • •
    MyCiTi Bus Station(1.0 km) · Bus Station

Parks & Recreation

  • •
    Milnerton Beach(3.0 km) · Beach
  • •
    Intaka Island(3.5 km) · Nature Reserve

Healthcare

  • •
    Mediclinic Milnerton(2.5 km) · Hospital
  • •
    Milnerton Medical Centre(2.0 km) · Medical Center

Dining & Entertainment

  • •
    Century City Restaurant Hub(3.5 km) · Restaurant Hub
  • •
    Milnerton Golf Club(3.0 km) · Entertainment
View Brooklyn Market Insights & Stats→

* Distances and amenities are approximate.