Apartment Block For Sale in Kempton Park Central

R2,700,000

Monthly Bond Repayment R28,329.91
Calculated over 20 years at 11.25% with no deposit.

Web Ref PTR860

Monthly Rates R2,200

Investment Opportunity Central Avenue, Kempton Park CBD

We are excited to present a fantastic investment opportunity: a residential property comprising three blocks of flats. This property boasts four front offices, four one-bedroom flats, two bachelor flats, and two rooms with attached toilets for security personnel. Currently, the building is vacant, presenting an excellent income potential for discerning investors.Each block is sold as a separate entity.

This property is ideally situated in the heart of Kempton Park's central business district (CBD), making it conveniently close to key amenities such as the Arwyp Hospital and Shoprite Centre. Whether you're an experienced investor or new to the market, this property is a must-see.
Please note that interior renovations will be required, as the building has suffered damage by previous tenants. However, with the right vision and investment, this property can be transformed into a lucrative and desirable asset. Don't miss out on this exciting opportunity in a prime location.
We're delighted to introduce an exceptional investment opportunity, consisting of three separate blocks of flats. Each block is sold as a separate entity.

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Features

Pets Allowed No

Interior

Furnished No

Exterior

Security No

Parkings 6

Flatlet 10

Domestic Accomm. 2

Pool No

Sizes

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