An unparalleled opportunity awaits astute investors in the vibrant heart of Kempton Park Central, Gauteng. Coming soon to market, this expansive block of flats is not just a property; it's a strategic acquisition poised for significant returns.
Spanning a sprawling 3,718 m2 land size with an impressive 2,331 m2 under roof, this tenant-occupied estate is meticulously designed for high-yield residential ventures. Boasting a remarkable 21 bedrooms and 10 bathrooms across its units – specifically, 7 x 2-bedroom units, 1 x 1-bedroom unit, and 2 x 3-bedroom units – it offers diverse rental income streams.
Experience the ease of a well-maintained property featuring a beautiful garden, balcony, and veranda, complemented by covered parking for 10 vehicles. Its robust brick construction ensures durability.
The location is a key asset for investors: situated on a bustling road, it provides immediate access to shopping malls, hospitals, shops, major highways, and the airport, ensuring consistent tenant demand. With a reliable water tank system and pre-paid electricity, operational efficiency is enhanced.
Investor Highlights:
Exceptional Monthly Net Income: This block of flats generates a gross income of R60,000+ -, with manageable expenses of R15,000+ -, yielding a clean R45,000+ - per month in net income.
Strong Return on Investment: This robust net income translates into an attractive return for investors.
Motivated Seller: The owner is genuinely looking to sell, having already declined a R3,500,000 offer, demonstrating confidence in the property's value.
Serious Offers Only: Our client is seeking serious buyers. Proof of Funds (POF) and a signed Non-Disclosure Agreement (NDA) are mandatory before any viewing can be arranged.
Selling Price: R4 500 000,00. All serious offers will be presented. Don't miss this extraordinary chance to acquire a high-performing asset in a bustling, accessible locale.
