Apartment Block For Sale in Kempton Park Central

R1,800,000

Monthly Bond Repayment R18,886.60
Calculated over 20 years at 11.25% with no deposit.

Web Ref PTR855

Monthly Rates R557.68

Investment Opportunity in Kempton Park CBD

We're delighted to introduce an exceptional investment opportunity, consisting of three separate blocks of flats. Each block is sold as a separate entity. Within this offering, one of the buildings has already undergone partial renovations to transform the one-bedroom flats into two-bedroom units.
The property, while holding immense potential, requires significant interior work and can be best described as a "work in progress" or "building site." With the right vision and investment, these renovations can be completed to enhance the property's appeal and income potential.
This Business 1 complex is strategically located in the heart of Kempton Park's central business district (CBD), providing convenient access to key amenities like the Arwyp Hospital and Shoprite Centre. Whether you're an experienced investor or new to the market, this opportunity to acquire separate blocks of flats, one of which has ongoing renovation potential, is not to be missed.

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Features

Pets Allowed No

Interior

Furnished No

Exterior

Security No

Parkings 6

Flatlet 6

Domestic Accomm. 2

Pool No

Sizes

Floor Size 2,739m²

Land Size 654m²

Kempton Park Central, Kempton Park

Located in Gauteng, South Africa, is a vibrant area with a rich history and a promising future for both home buyers and sellers. The origins of Kempton Park date back to the 19th century when it was first conceived in 1859. The area was established on the farm Zuurfontein in 1903 and is believed to have been named after Kempten in Germany, the hometown of the farm's owner, Karl F Wolff. Alternatively, some suggest... More Info