Create vibrant urban living in Kempton Park CBD — steps from transport, shops and nightlife. Development-ready 1,301 m² plot with rezoning in progress for 19 apartments (5x2-bed, 14x1-bed).
Calling all visionary developers and builders!Are you searching for a high-impact project with exceptional potential in a thriving location? Look no further than thisprime piece of land in the heart of Kempton Park CBD, poised for transformation into a modern, two-story apartment building.
While the current state may appear unassuming, don`t be fooled by the surface.Thisgenerously sized plotpresents a blank canvas brimming with opportunity. Envision19 well-appointed apartments, a mix of5 spacious two-bedrooms and 14 cozy one-bedrooms, catering to the diverse needs of Kempton Park`s vibrant community.
Here`s why this project is destined for success:Strategic Location:Situated in thebustling CBD, your development will be steps away from essential amenities, vibrant nightlife, and convenient public transportation. This ensures high occupancy rates and rental potential.Booming Demand:Kempton Park is experiencingrapid residential growth, fueled by a thriving economy and an influx of young professionals. Your apartments will cater to this burgeoning demand for modern, central living.Favourable Rezoning:Withrezoning for a two-story apartment building already in progress, you`ll benefit from streamlined approvals and expedited construction timelines. Get ahead of the curve and capitalize on this prime location before it`s too late.Exceptional Investment Opportunity:This project promisesattractive returns on investment. With well-designed apartments, a prime location, and strong rental demand, you can expect consistent income and long-term value appreciation.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,900,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 90 listings in Kempton Park (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 61% below the median. Floor size is 66% larger than typical for similar homes.
Similar properties pricing
Key differences
Market depth
90 similar listings
High similar-home inventory town-wide (Kempton Park)
Median time on market: 152 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Kempton Park AH offers a tranquil, spacious semi-rural lifestyle while maintaining convenient proximity to major industrial hubs, transport networks, and essential urban amenities.
* Distances and amenities are approximate.