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Description

We present a rare investment opportunity to acquire a fully tenanted block of flats, strategically located in Kempton Park Extension 2.

This property boasts: 

– 20 x 2 bedroom units. Each unit consists of an open plan lounge and kitchen, bathroom with shower, toilet and basin.

– 6 x 1 bedroom flats consisting of open plan lounge and kitchen, bathroom with a shower, basin and a toilet

Investment highlights:

Fully tenanted: the property is fully occupied, providing a stable income stream,

Strong demand: Kempton Park is a high demand area, ensuring consistent rental income

– Potential for capital appreciation: The property's value is likely to appreciate over time, making it a solid long term investment.

– Low maintenance: The property is well-maintained, reducing the need for high costly repairs and renovations.

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Details

Updated on April 30, 2025 at 2:33 pm

  • Reference #: 1372786
  • Price: R11,000,000
  • Suburb / Town: Kempton Park
  • Property Type: Commercial Property
  • Building Size: 619.0 ㎡
  • Stand Size: 1280.0 m²
  • Rates & Taxes: R 5856

Additional Features

  • Mandate Price:total gross price
  • Building Height:2
  • Usage:Residential
  • Yard:1280
  • Security:1
  • Commercial Parking Basement:32
  • Measuring Unit:Metres Squared

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